TL;DR - I think I found a pattern, don't know if there's a name for it - Last 3 price pumps; time cut in half between each pump and % increase from the 50 day EMA dropped by a couple % - Based on current trend of where 50 day EMA should be, would put ETC at about 0.0043 BTC on or around March 1st, 2018
Show Your Work: On approx. March 5th, 2017 (at block 5500000) all Ethereum Classic ETC holders (who are storing their ETC in a wallet they control the keys for) will be receiving a 1:1 airdrop of Callisto Network Tokens CLO.
The current price of ETC:BTC is 0.0032 and I project it to reach 0.0043 BTC by March 4th.
The last 3 large price pumps (all % increases are measured from the 50 day EMA / min. increase of 20%) were as follows; 61% on 11/29/2017 (about 45 days later) 59% on 1/14/2018 (about 30 days later) 54% on 2/14/2018 (news of CLO airdop became readily available) (about 15 days later) 50% on 3/1/2018 - 3/4/2018 (projection)
If ETC continues to follow this pattern of; 1.) decreasing time frame, roughly by 1/2 each time, in between pumps and 2.) % increase variance from the 50 day EMA decreasing by roughly 2%-4% each pump
This would put it at approx. 0.0043 BTC, an increase of roughly 50% (based on the projected 50 day EMA at that time based on current trajectory), on or around March 1st., 2017.
Just a couple days before the scheduled CLO Callisto airdrop.
Quite the coincidence huh?
Not
P.S. the horizontal lines below current price are correlated fib overlaps. Disregard for this projection. Looking for support there if dips first.
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