ETC Ethereum Classic - Consolidation then Massive Breakout 85% Gains to T1 - $46.50 T2 - $60

in #bitcoin7 years ago (edited)

JAN 13 8 PM CST UPDATE - Update Jan 13. Target was $46.50. We hit $46.311. Target successful.

Ethereum classic has been a sleep. If anything like the big brother, we can assume ETC is slightly lagging bad and is confirmed in the charts. We've seen an explosion from $10 to $400 for ETH in June/July, then another massive uptrend from $300 ranges to an all-time-high of $1,382. We've also seen ETC trail behind slowly, steadily crawling behind under everyone's nose and out of sight.

We can see a beautiful 5 wave structure that has formed within sub wave 3, where wave 4 is consolidating.

This is a very likely case to be interested near the support trend line and upon breakout at apex.

If this case holds, then we can see a possible 85% gain.

If that case doesn't hold, we move to a lower tier support range.

With up to a 124% gain.

Though with much anticipation regardless of the case, is that upon complete of this consolidation, we can see a huge breakout upwards to $60 for an 85% gain.

With entries and stops depending on where the support trendline holds.

Good luck everyone ---------

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Update Jan 13. Target was $46.50. We hit $46.311. Target successful.

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