ETC about to gain traction against ETH and BTC

After being hit by a $100 fee in a bitcoin transaction I have been looking for an alternative base coin. Ethereum is an obvious choice for many. So I'll be spreading my coin wealth amongst the ether blockchain and looking at other alternatives such as LTC. The reason I am choosing ETC over ETH is because the structure here is showing me ETC is going to gain against ETH in the short term, maybe the long, but ill leave that decision for a later time. Adjustments may be made down the road, but for now ETC looks good. LTC also looks good to gain against BTC in the coming days/weeks. So I will probably diversify among the two.

ETCBTC 1 Hour

ETCBTC 4 Hour - Look at the conolidation times, on average a breakout occurs around 17 days after consolidation. That's 3 days away!

ETCETH 1 Hour

ETCUSD 1 Hour

and LTCUSD 1 Hour

LTCBTC 1 hour

I would post a ETCLTC chart but tradingview doesnt support that yet and I don't have the time to build a chart from that data. If someone knows how please feel free to post as I would be very interested. Thanks!

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A little under 17 days. Timing and direction was there. What more could you ask for?

评论:

ETC/ETH Moved a little lower than I expected. Normally I just look at the structure, but after doing heeps of research between the two, I've come to the conclusion that ETC is actually the "better" coin. I know it may not show in price or Dapps or public exposure, but if you dig deep enough you might come to the same conclusion as I have. Beyond the arguments of fundamental value, here's what I am looking for now in terms of technical analysis.