I really don't like catching falling knifes. Did it so many times an the result in most cases was bad. You either suck yourself into shorting race or accept the losses and forget about the coin untill one day it pump above you buy price =) So this is not a bullish or bearish forecast. Just a review.
And this week chart shows very good how bad it is =)
We may expect the price to follow bullish BTC and bouce towards 1230. OR it will follow bearish BTC and fall to 1140 (and most probably below it).
Kommentera
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So it moved down as expected. Lets see if ETC can breakthrough the same resistance at 1180-1190 next time. Still not touching this coin untill it get through this resistance.
Kommentera
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Wow, both predictions worked out =) Sad I wasn't trading it.