Ethereum Classic (ETC) Target $61.03 (85% Profit Potential)
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
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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.**
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.
Tell me more!
https://www.etcdevteam.com/roadmap.html
They are a good project imo but do your research .They are planning of building IOT applications that's going to be there main use-case .A lot of reputable developers and the community has just started expanding to make it easier for new developers to code.IDK why there is so much fud about a ETH vs ETC they are both good in there own ways.Even after the raiden network is done on ethereum it's first practical use cases for things like IOT would be by means of ETC developers and on there chain.
https://iohk.io/about/ is working on ETC. They are the guys who are doing a great deal of Cardana development. I still think ETC isn't a good long term investment. I just see it has more sentimental upside. But I don't think ETC will ever amount to EOS or even NEO or Komodo. It'll be a good trade but bad investment.
Thanks @haejin for your Blog ! Without you i wouldn't know anything on TA... I am starting to understand and learn. UPVOTE