Technical Analysis:
ETC is holding an ascending pattern and is ready for an expansive move. Breakout should occur within the coming days with a run up to our first target .0054 $BTC. I am especially bullish due to the free $CLO that will be rewarded to holders of $ETC in March.
Trend: Bullish
Indicators: Moving on an edge to edge trade within the Ichimoku Cloud on the Daily, SRSI turning up as well. Huge volume buys over the past 2 months.
Fundamental Analysis:
Callisto Side Chain
It was decided to distribute the initial stake of $CLO between current ETC holders. A snapshot of ETC block chain will occur at block 5,500,000 (approximately 5 March, 2018. This depends on ETC block time and ETC hash rate changes). Then they will implement the initial balance of each ETC holder in the Callisto network genesis block, so each ETC owner will receive $CLO coins automatically in a 1:1 ratio to the amount of ETC that he had at block 5,500,000.
Technical details
- POW Algorithm: Dagger Hashimoto (Ethash)
- Block interval: ~15 seconds
- Block reward: 600 $CLO (30% treasury fee)
- 100% compatible with Ethereum Virtual Machine
- The maximum supply: 6,500,000,000 $CLO.
Sources:
https://medium.com/@dexaran820/ethereum-commonwealth-development-update-11-jan-2018-80107581fdd0
https://forum.ethereumclassic.org/t/about-the-callisto-network-category/533
ETC is holding an ascending pattern and is ready for an expansive move. Breakout should occur within the coming days with a run up to our first target .0054 $BTC. I am especially bullish due to the free $CLO that will be rewarded to holders of $ETC in March.
Trend: Bullish
Indicators: Moving on an edge to edge trade within the Ichimoku Cloud on the Daily, SRSI turning up as well. Huge volume buys over the past 2 months.
Fundamental Analysis:
Callisto Side Chain
It was decided to distribute the initial stake of $CLO between current ETC holders. A snapshot of ETC block chain will occur at block 5,500,000 (approximately 5 March, 2018. This depends on ETC block time and ETC hash rate changes). Then they will implement the initial balance of each ETC holder in the Callisto network genesis block, so each ETC owner will receive $CLO coins automatically in a 1:1 ratio to the amount of ETC that he had at block 5,500,000.
Technical details
- POW Algorithm: Dagger Hashimoto (Ethash)
- Block interval: ~15 seconds
- Block reward: 600 $CLO (30% treasury fee)
- 100% compatible with Ethereum Virtual Machine
- The maximum supply: 6,500,000,000 $CLO.
Sources:
https://medium.com/@dexaran820/ethereum-commonwealth-development-update-11-jan-2018-80107581fdd0
https://forum.ethereumclassic.org/t/about-the-callisto-network-category/533
Commento:
Up 120% on the trade without even hitting our first target.
