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HRoark64
Jul 14, 2019 1:04 AM

ETCUSD in the hunt 

Ethereum Classic / U. S. DollarKraken

Description

Ethereum Classic caught my attention when I discovered Graystone’s ETCG product a few weeks ago. I thought this chain was basically dead, but it looks like there’s quite a bit of work going on with the project.

Read - finance.yahoo.com/news/etc-labs-collaborates-metronome-team-130000991.html

Still need to read up on the MET currency, but interoperability between chains to offload traffic from ETH seems like a great value add for ETC.

Price has fallen under the buy/sell line on the daily chart after a 173% run up. The 21 EMA, 5 RSI, and MACD all point to lower prices. This makes it a candidate for a very profitable trade when it turns around. Keep it on your radar!
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