The breaking of the ETC downtrend
Updated
For the past 4 months Ethereum Classic has been in a solid downtrend, But it appears to have finally broken free.
Ethereum has also been showing some weakness in the few weeks and could resume it's downtrend any time.
I honestly think we could see ETH to ETC parity some time next year, but if we do, we won't be there for long, as ETC will skyrocket afterwards.
This is a great long term investment (3-12 month) in my opinion, and with China just starting to get on board, I think we will see great things for ETC in the future
Ethereum has also been showing some weakness in the few weeks and could resume it's downtrend any time.
I honestly think we could see ETH to ETC parity some time next year, but if we do, we won't be there for long, as ETC will skyrocket afterwards.
This is a great long term investment (3-12 month) in my opinion, and with China just starting to get on board, I think we will see great things for ETC in the future
Note
Everyone rich yet? :-DNote
Still in the uptrend, excellent time to buy. Major support here.Note
If anyone followed my advice, they have 6X there money since then, and have bought almost the absolute bottom. Although I advise caution here, as this is a 50% retrace of the August High. I have sold my liquid portion but am still holding my bag.Note
Keep hodling your bags people!
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