IMO Ethereum Classic has formed a cup pattern and may be setting up to break out over $43. It is possible ETC could break out at any time or it may form a full Cup and Handle formation before breaking out.
alot of energy is in here and ALOT of upcoming news .... 29 January 2018 Ethereum Classic (ETC) A2A Messaging System By 28 February 2018 Ethereum Classic (ETC) SputnikVM & Sidechains By 31 March 2018 Ethereum Classic (ETC) Wallet Release By 30 April 2018 Ethereum Classic (ETC) Beta Mobile Wallet & Disable difficulty bomb By 31 May 2018 Ethereum Classic...
ETC will have great year in 2018, targets are $150+ med-long term.
ETC was one of the only pairs that didn't run up during altcoin season, it is begging to break out.
ETC has been in accumulation stage for prior few days. It needs to break triangle and it looks like that is what will happen before 2018 or in early January. Watch closely - BUY monitor your resistance and support levels. Has high potential and minimum risk compared to our other coins. If you're a member, you can refer to your early access charts and monitor...
ETCUSD 1H Long Trade - WHY? Higher Highs Higher Lows Pullback pending on Macd & RSI Price at resistance zone making ascending triangle Let us know how you would trade this chart pattern
A new support has formed when ETC broke out through the red resistance line. We should expect a retest (flag) followed by a big move in 2017/2018
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The ABCDE correction is almost over, after hitting E, we are looking at a target of $45-55, I wouldn't short it from D to E though, as the sentiment is so bullish, and we could shoot up from here too.
SEE THE CHART WE ARE GOING TO SEE AN EXPLOSION WAIT FOR CONFIRMATION
Backtesting the moving averages shows very consistent results
IMO ETC is setting up for a breakout to new all-time high (on Bitfinex). It tried yesterday and failed but I believe this time it will breakout.
I see a great trade opportunity as Risk:Reward is very favorable The up-trending support & down-trending resistance line converge to form an apex, that signals us ETC will run out of space soon. Entry at $17 to $18.5 would be recommended. Any lower may be a bearish sign and higher will lower potential gain:potential loss ratio Stop loss can be set in local...
ETCUSD - traingle, I expect rise, but don't forget about stop loss.
Currently, the course seems to be in a sideways movement between 13.09 and 17.00. A few hours ago, it has been broken down by a long-term downward trend and a strong support will be touched in the near future. I think that the course moves to the resistance at 19.48