ETC is on my list of coins to watch die in this bear market.
I don't know of any value it brings over similar smart contract coins. There are many others that offer similar or better functionality and unless it can start making major headline news I expect it to go pretty much to zero.
The long term target of 2.5 is realistisc I think. I shorted it a little today but covered when it started looking parabolic. I'm expecting it to chop around when it hits support at the 10 dollar psychological level and will be scaling in a new short once it starts to make a triangle.
It may get hung up on 10 for a couple weeks like the congestion range it just got out of. It may end up being better to scalp from the top of the range and take profits at the bottom rather than holding for another dump out.
Once it gets below 10 it will probably not chop as much.
I don't know of any value it brings over similar smart contract coins. There are many others that offer similar or better functionality and unless it can start making major headline news I expect it to go pretty much to zero.
The long term target of 2.5 is realistisc I think. I shorted it a little today but covered when it started looking parabolic. I'm expecting it to chop around when it hits support at the 10 dollar psychological level and will be scaling in a new short once it starts to make a triangle.
It may get hung up on 10 for a couple weeks like the congestion range it just got out of. It may end up being better to scalp from the top of the range and take profits at the bottom rather than holding for another dump out.
Once it gets below 10 it will probably not chop as much.