ETC is forming a very very large tenkain kijun disequilibrium. Basically this happens when the tenkan and kijun are too far apart from each other. Last time this happened a very large rally happened, but it was also a very large spike downwards, now we are a more of forming a low and just holding it. So we still have to wait to see what happens. But I have bought a small bag and I am holding it as of right now, going to hold it through any dip or crash, but I will add to it on weakness.
Basically, it could be a good coin to pick up on weakness, however buying here is a bit of a higher risk strategy. The price action isn't quite the best, just the ichimoku cloud
indicators have me very interested.
Note that the ichimoku cloud
is on the double setting.
This is not financial advice. I am not qualified to give financial advice. I am not a certified securities professional. Do your own DUE DILIGENCE!