Etherum Classic (ETC) - breakout confirmed with possible targets

in #money7 years ago

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Etherum Classic is a very strong coin. 17th by market cap. So it is sitting in the top 20 cryptocurrencies and it has been preparing for a while for a massive bull run. Let's see if this is the time for it to start a moon mission . If it is, we move with it and while this all happens, we simply enjoy.
-As I just updated in my old ETC trade idea, all the indicators are building up. You can clearly see that descending triangle has been broken, I see possible strong action, but there is resistance to overcome 0.0036 on the way to new ATH . We need to break this level and close above it on the daily chart just to get started for real. Then the rest can be seen more clearly.
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-The weekly chart looks really good, but still needs the last push so that we can get this really where we want. The EMA is far above current price, which is bullish . Everything is reversing, to go up, and this week candle is a #1, according to the TD indicator. We close this week strong, positive on the green and we will see plenty more action in the future weeks to come.

-General growth and accumulation has been positive since I posted my first chart about it after the double bottom . Each time we have higher lows, I am looking at this on the daily chart . We are reaching a tipping point, to decide if we go on a strong bull run, or keep on going sideways and building up.
-I believe the time has come, let's ride this wave and see how it goes. Follow the instructions, because this is a new buy in set up, with new targets and stop-loss.

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