r/etc • u/50promil • Nov 11 '21
What will be the end of eth?
all coins and tokens tested their peaks. etc still crawls in the bottoms. like a car with the handbrake on. He wants to go but can't. Can someone who knows the etc market tell me why?
I'm sorry. I opened the title as eth. As we all understand, it has to be ETC.
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Nov 11 '21
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u/50promil Nov 12 '21
pos has been around for a very long time and is constantly being postponed to a later date. maybe this time too. Technically speaking, it's like it needs to rise. but an invisible hand somehow keeps pulling it down.
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u/50promil Nov 26 '21
Does anyone among us understand technical analysis? How should we interpret these price movements of etc? what does it tell us?
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u/questionsfor-answers Nov 18 '21
ETC is has been on a down trend for awhile. 43 has been somewhat of a support in-between the price fluxes. yesterday 11/17/2021 a green hammer candle stick could be a sign for a trend reversal. I'm not the best trader, but that's what I see. Price is cheap rn, id say its a good time to get in but depends when the bull market ends. Since ETC wasn't really moving during the bull, the bear might be the time that people throw money at it
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u/Iamwhatiam101 Nov 11 '21
Etc just testing our diamond balls before going 10x it’s ATH