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#0013. ETCUSD. Long. Labs.

Long
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BITFINEX:ETCUSD   Ethereum Classic
Market capitalization: 1074M
Capitalization rank: 15
coinmarketcap.com/cu...es/ethereum-classic/

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Fundamental analysis

ETC Labs Launch in September, 2018
Source: twitter.com/eth_clas.../1024639634309967873

This event has been announced long ago and everything about it is known therefore there will be no influence on the price. But in the long term it is positive.

Technical analysis

The price still is in the falling wedge. Just as at the majority of other cryptocurrencies with big capitalization. The falling wedge it is well visible on 'ETCUSD' and "ETCBTC'.


It has to be favorable to buy about the lower bound of a wedge.
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