ETCUSD 8h: ETC so much potential! 13 > 16 > 19 > 22 > 33 USD

POLONIEX:ETCUSDT   Ethereum Classic / Tether USD
In my opinion ETC has still much potential. Because ETC is the only alternative to ETH. The performance of ETC was not really good in the last few days. Okay. That's the market. New ones have to deal with this and mustn't lose their nerves. ;-) Too much action at BTC (Core Version 0.15.0 released and China troubles). Nevertheless, we have now reached the ground, from my technical point of view. So this should indicate the trend reversal. An up to 33 USD until the end of the year is still possible. So I see an good buying opportunity now. The next steps could be: 13 > 16 > 19 > 23 > 33 USD. Just for info: I am still long and i am buying now more ETC ...

Let's see what happens. Happy trading. :-)

See also:

Aug 30

Aug 3

Bình luận: faster than expected: we reach 300 usd. for a short stop.
Bình luận: urg. sorry wrong chart.
Bình luận: Update ETCUSD (8h): ETC is still cautious, but could make a nice push soon.

Bình luận: late but not to late. etc on track.

Bình luận: a rather good development with etc. will continue to be positive. possibly a small correction, but nothing big. maybe sideways.



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to what value can be rolled back?
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@rvn13, around 12
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btcinvests btcinvests, the trend line looks relatively good. it could go more up.
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rvn13 btcinvests, I hope for a rollback to 12.2 in the next few hours.
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@rvn13, hope is bad when trading. it's not getting in that matters, but getting out. please don't forget that. :-)
+1 Phản hồi
rvn13 btcinvests, I know) but my calculations are almost coincide with yours. it gives us confidence.)
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