TradingView
Tangent1
Mar 1, 2018 2:56 PM

Projection before airdrop Long

Ethereum Classic / BitcoinBitfinex

Description

The ETC chart has completed a elliot wave pattern 5wave+ABC and in which last 2 pattern were bullish Gartley ( butterfly variation) if ETC stays above support on 0.00300 and grows beyond the 0.00321 there are chances it coulld reach the first target around 0.0037, if it cant cross the resistance on 0.00321 proablt wil fall to the nearest support line in 0.00293
Comments
AllChances
Unfortunately the Elliot wave pattern you drew would not be valid. Wave 3 can not be higher than wave 5 and correction wave B can not be higher than wave 5. Just giving some pointers out!
Tangent1
Do you suggest 5-A is iii and iv and that BC would be 5-A? well the target area doesnt change but then there are 2 wave missing closing at the red line, still I could expect if we break resistance 0.00321 we could grow as far as target if there is not much resistance on 0.0034
More