Ethereum Classic - The Beginning of Something Big In The Future?

14 feb 2018

I have been watching and monitoring Ethereum Classic for long time. Ethereum Classic have finally shown a sign of bullishness in the recent days. The bullishness can be seen on a bigger time frame which is the Weekly Chart. Longer time frame rarely lies and the set up looks nice. Of course, I am a long term trader and investor, I never try to intra-day and make some profits scalping price movements. I would rather be inside a large move that may unfold in days/week/months. Ethereum Classic have not made a big move since the early-mid 2017. Even when the whole market cap was heading to 800 billion, ETC barely made a move and was stuck trying to break the 0.0036 resistance level. It stalled at this level 3 times in the past few months. Now, it has broken that level. Can the momentum be sustained? We will see.

Few Fundamentals Catalysts:
1. Callisto Airdop on March 5.
2. Charles Hoskinson and IOHK behind the development team.
3. Clear roadmap and 'distinction' versus Ethereum.
4. Undervalued versus other coins?

14 feb 2018

Nota

ETC was practically dead and beaten down versus ETH, but it seems like the trend has reversed. Watch out for the trendline and break above the trendline for ETCETH