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?