Ether Classic (ETC): Bullish Pattern Could Target $59.87
SUMMARY
This Inverted Bullish Head & Shoulders pattern is quite uncanny. What's exciting is that the pattern is complete and confirmed! Price has breached the Neck LIne! I've used the minimum price run to show a potential for $59.87
Beautiful textbook impulse wave showing a near completion of what could be the first of many leg ups. IF the abc red waves mark the correction completion, then we could expect a minor abc retracement.
That retracement usually goes to prior wave 4 and it could look like this chart. Even into this minor correction, many will think the end is near and panic sell. However, having the awareness of longer term perspective will allow one to see the forest from the trees.
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ETC holders will get airdropped Callisto so everyone is stuffing their bags full of ETC:
https://cryptocurrencyfacts.com/2018/02/14/ethereum-classic-airdrop-callisto-explained/
Price reacting/pull back due to sell orders at $42.50, also near all time highs.
For a closer look at the sellers on the 4 hr chart see circle in yellow.
Since Bitcoin has more upside, near my target 2 @ $12,000 and target 3 @ $17000, Ether Classic should continue moving higher as well.
How To Easily Trade Ethereum/USD on the Daily Chart!
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Based on this analysis, seems the "B" wave could coincide with (be the pump for) the Callisto $CLO airdrop to ETC holders. I would have thought that would have been likely Wave 5, but don't know either way!
I love you Haejin. Upvoted always. Please see my ETH $2,853 prediction. See you there.
https://steemit.com/ethereum/@philakonecrypto/ethereum-eth-feb-20-long-term-technical-analysis-join-me-for-usd2-853
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Nice!
It can be a good opportunity to take some profits if your analysis is right.
It looks very bullish, and I agree that ETC can reach some point around 59 usd, I will try and hope works fine..
Thank you for sharing this posts :)
👍
Don't forget to upvote my post thanks
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Don't forget to upvote my post bro
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So great~! Thanks to you :)
ETC min can go to $60 and above anytime. keep your eyes on
Can you look at ACT Achain?
Hi Haejin. For entertainment purposes only. Do you think ETC will hit 37
or lower today before hitting your target price in the near future?