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ECC is getting ready for explosion. The chart below from coinmarketcap shows a clear cup and handle formation of which I'm very bullish about. The massive spike in volume in January is also a great indicator that this is heading in an upwards direction.
It's just beginning to break out of it's handle formation in my opinion (IMO) and could be great for a long term hold or for short term potential gains.
Unfortunately I could not find a graphical of this using my charting website, but I think this clearly shows the formation.
Elliot waves 1,2,3,4,5 are shown here based on what I learned from @haejin. Perhaps I'm doing it wrong, but nonetheless I'm very bullish for this GEM. I would provide more detailed analyses but once again, I've only got this chart to go off of at the moment.
Along with the technical analysis, a great tidbit of information is that the team is releasing their website on Jan. 26.
PROS: already has a product and wallet. You can also STAKE the coin because it uses PoS.
CONS: not much known about the project yet due to lack of a website.
Here's more info on the coin directly from coincheckup.
DISCLAIMER: this is merely my perspective on this coin, please do not take this as financial advice. You wouldn't take a random fish from a stranger and eat it without first knowing what it is right? ALWAYS DO YOUR OWN RESEARCH.
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