55% upside target I called for Eth Classic is within reach.
You can go through my previous ideas but about an hour before the breakout I posted that up to a 55% move was imminent for Ethereum Classic, which was largely trading sideways for a while after being bearish for a long time. I’ve been posting bits and pieces of how the fundamentals are changing even just from all the new development teams releasing projects lately, not to mention record wallet addresses and more transactions than Doge and BCH.
Anyways, we have seen an increase of 47-48% over the past two days, and there are two patterns in play in confluence with my 55% target- an ascending triangle we broke out from, and a bull flag (a lil ugly but it works) with a pole measuring almost exactly to where my original target was from the huge triangle pattern it broke out of starting all this off. Current price= $38.40/coin target is around $42.40/ coin and then there is always FOMO and short covering with ETC. I
t went from $30-$180 last May, and last year around this time it went up around 65% in a few days while BTC was stagnant or red. This is feeling like both of those times.
Already crushed through the last fib target in between current price and price target, and it should serve as a support if there’s a drop in the market, but I wouldn’t count on it given how fast it has gone up.
3 months of gains in less than 3 days.
Not financial advice. Also ETC getting bullish usually precedes entire market crashes. WAtch your other coins. Not even joking.
Anyways, we have seen an increase of 47-48% over the past two days, and there are two patterns in play in confluence with my 55% target- an ascending triangle we broke out from, and a bull flag (a lil ugly but it works) with a pole measuring almost exactly to where my original target was from the huge triangle pattern it broke out of starting all this off. Current price= $38.40/coin target is around $42.40/ coin and then there is always FOMO and short covering with ETC. I
t went from $30-$180 last May, and last year around this time it went up around 65% in a few days while BTC was stagnant or red. This is feeling like both of those times.
Already crushed through the last fib target in between current price and price target, and it should serve as a support if there’s a drop in the market, but I wouldn’t count on it given how fast it has gone up.
3 months of gains in less than 3 days.
Not financial advice. Also ETC getting bullish usually precedes entire market crashes. WAtch your other coins. Not even joking.
