Another great opportunity. We are at the bottom of the price and the bull is about to wake up. It all depends on btc and global trend but stay positive. Just to remind you - scoring at coin gecko is high - 12th place with 81% score of the developers. On coincheckup strong 4.7 out of 5 stars.
Next couple of weeks we should be in a rising trend. As ETH encounters problems with scalability and they might to switch to Proof of Stake, we can expect enormous gain on ETC. We've heard many miners already switch to ETC as they expect a huge gain.
Moreover, in the upcoming weeks there are couple of events which may have possitive influence over the price.
31.03.2018 ETC Desktop Wallet Release. ETC developers want to release toolkit to build applications running on ETC. Targets are : dekstops, mobiles, web and shell scripting.
30.04.2018 ETC Beta of Mobile Wallet Release.
31.05.2018 Working prototype of Sidechain & Enable new Opcodes : New project for 2018, sidechain implementation as native part of ETC infrastructure and protocols as a way to add scalability and bring ETC to IoT.
Technical Analysis facts:
SMA50 crosses SMA200 - bull`s cross
Butterfly bull's pattern
We are at the bottom of the longer trend - one can say we are at the bottom of the big forming cup with handle
MACD bull`s cross - strong buy signal
DMI - we are about to see crossed signals - strong buy - bull's signal - blue line in uptrend
Fibonacci Levels: 1. 0.0032850 2. 0.0044900 3. 0.0054682 4. 0.0064438 5. 0.0078329 6. 0.0092800 (ATH) 7. We may go further than this but it is long term and risky.
Stop loss at around 0.0014
We highy appreciate you thoughts. Please do share with us what you think and what your ideas are. Looking forward to hearing from you! Stay tuned.
********************************************************************************************************************************************************************************************************************************* CURIO: The oldest person is 122 year old Jeanne Louise Calment (France). She was born on February 21, 1875 and Joanna died in a nursing home in Arles, in the south of France on August 4, 1997. Jeanne Calment survived many important events that shaped the world in which we live today. These events occurred in all areas of life; social, political, scientific and technological. She survived two world wars, television development, the rise of a car and a plane.