Long term play, patience is key.
ETC is undervalued and a solid project, I consider it a cleaner and more stable version of its brother ETH.
Due to its fast speed and low fees it is one of my preferred units to transfer funds between different exchanges. There is no crypto kitties clogging this chain, it offers immutability and a limited supply, the proposed treasury model implementation for a self sustaining ecosystem would offer its advantages. It has a good development team and community supporting it.
ETC has a relatively high liquidity for crypto-currency standards which makes it an interesting asset for traders, investors and option as an addition for any exchange.
The Callisto airdrop in March could elevate it but the IOHK partnership, research and development can advance it to the next level and bring it the attention and long term value it deserves.
I consider anything below the horizontal resistance line in the red box an accumulation opportunity.
Trade safe and use proper risk management.
ETC is undervalued and a solid project, I consider it a cleaner and more stable version of its brother ETH.
Due to its fast speed and low fees it is one of my preferred units to transfer funds between different exchanges. There is no crypto kitties clogging this chain, it offers immutability and a limited supply, the proposed treasury model implementation for a self sustaining ecosystem would offer its advantages. It has a good development team and community supporting it.
ETC has a relatively high liquidity for crypto-currency standards which makes it an interesting asset for traders, investors and option as an addition for any exchange.
The Callisto airdrop in March could elevate it but the IOHK partnership, research and development can advance it to the next level and bring it the attention and long term value it deserves.
I consider anything below the horizontal resistance line in the red box an accumulation opportunity.
Trade safe and use proper risk management.
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For traders on shorter time frames I would put a stop near .002 and if ETC can't recover to the upper green support line and close above it then exit your position and buy back closer to the lower green support.