There has been a lot of hype around the ETC Callisto airdrop, and with the recent rise in price many are wondering if the coin has already been pumped. Others are wondering why it hasn't gone up more. https://cryptovest.com/news/ethereum-classic-etc-where-is-the-airdrop-fever/
The dump of ZClassic has also led to some understandable uncertainty (however, looking at the charts there seems to be a pattern forming :o)
My observation: ETC seems to be oblivious to any news and is simply following chart patterns. May see a slightly lower wave 5 of our minor C correction, but not necessary and shouldn't go lower than 21900 satoshi:
The ETC/USD pair is showing that a drop to around $25.20 is quite possible. There is also significant risk for a Head & Shoulders top in play, that can take this run down to the previous wave 2, and then if we don't have a higher high, to near the all time low. Trade carefully. Regardless, it looks like a good opportunity to jump in prior to the Callisto airdrop:
After the airdrop, there is always the possibility that many people will offload their coins. Here is what they're missing out on:
Healthy trading and profitable investments,
The Freedom to Be
Legal Disclaimer: The information provided herein is for informational, or entertainment purposes only. I am not providing financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs, and only invest what you are willing to lose.
If you profit from this idea and would like to keep the charts coming, wallets are below:
BTC: 13mG7EsCBB3wK2pQnV4zXqXUXmnVtCbmS6
LTC: LTfKUD4g4zytwbLFsFCJyG6N55xu3mtZYJ
ETH: 0x800fe4a5a75af9034f4982c04bdd4b557dca0f3f
BCC/BCH: 1QmchfEizCkLLweNySkAJmBCJ6zEtfkBB