Not taking any position just yet. Otherwise, consider a long at the bottom of the channel with a small stop loss - quite a straight forward play with a large R/R.
Share your thoughts; what do you think will happen between ETC & ETH?
Trade ETH & ETC with up to 33x leverage on BitMEX!
P.S. A lot of what I'm saying in terms of timelines depend largely on BTC breaking ATH -1.50% with a parabolic move sometime in June-August. However, in another scenario I could see this happen 2 months earlier. There are various reasons why I say so, but god knows what will happen.