Ethereum Classic (ETC) Target $61.03 (85% Profit Potential)

in #bitcoin7 years ago

SUMMARY

Note: For all new followers, please consider reviewing the free tutorial videos on Elliott Waves and Chart Pattern Recognition. The links to these can be found at the end of each blog post. I especially recommend the Laddering technique which could help keep the panic and FOMO away!

Ethereum Classic (ETC) is lagging its cousin Ethereum (ETH) and the below chart shows the larger degree of wave targeting $61.03. The triangle fractal repeats are expected to contribute strongly to the next upcoming up leg in price move. Once the current triangle nears completion, a rapid increase towards $61.03 could occur with vertical price moves.

The ETC/BTC pair is uber bullish! It's got a combination of Cup & Handle, Downward Pointing Bullish Symmetrical Triangle from which price broke out of. Now that purple wave 1 is complete and 2 is nearly so; some violent up moves towards 0.01005 BTC are expected.

Here is ETH and the projections. I believe ETC, while lagging, will follow in pursuit! Let's see how the runs pan out!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

Sort:  

CLASSIC MOON TIME BABY!

$60 ETC would be great!

That's funny, I was looking at ETC today wondering why it's been stagnant. Now's the time! Good call, Haejin!

What’s the difference between Bitcoin and NASA?
Bitcoin’s actually going to the moon.

Did you know? Ethereum classic is leading cryptocurrency in the crypto market, it has high potential to grow in future.
According to coinpedia ethereum classic price prediction the price will rise high in future.

What's your thought on ethereum classic price prediction?

It'll follow Bitcoin just like it has, is and will. Bitcoin is the moon that moves the tides of the Cryptosphere ocean and all altcoins swim in it.

thnx teacher a lot

Since you're on top I make use of that: I REALLY THINK VERGE (XVG) IS BREAKING OUT RIGHT NOW

it needs to hurry up and break out!! lol

It's seems to be in the slow as molasses period haejin recent spoke about not the corrections in cryptos. I'm patiently waiting for the big rocket he predicted.

Could you please do an update on Litecoin?

Yes, an update on Litecoin would be awesome!!!

it didn't achieve that time but it is going to be now...

i buy classic thanx alot

ETC will eventually show that it has some unique factors which ETH cannot achieve.

Thanks @haejin for your Blog ! Without you i wouldn't know anything on TA... I am starting to understand and learn. UPVOTE

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.028
BTC 58080.30
ETH 3102.16
USDT 1.00
SBD 2.40