ETHEREUM CLASSIC ETC - New much higher price targets 169-218-270
Hello traders,
Here is a new and updated analysis of Ethereum Classic( ETC-USDT ) on the 30 minute chart.
We have a superb rise last days and my targets where hit even sooner than I expected. I predicted before 10th of May 127 USD but it happened already today on the 6th of May.
Note that the volume is still very high which is a very good sign at this moment.
I see still higher targets for Ethereum Classic but be aware to place your stops because with such a parabolic rise Ethereum Classic ETC can also easely pause the uptrend for a while or have a correction when volume dries up and there is no demand anymore.
Therefore here the new targets and support for Ethereum Classic are now:
-> Target 1 169 USD
-> Target 2 218 USD
-> Target 3 270 USD
-> Target 4 300 USD
Support for ETC is now at 147, 137, 127 and 119 USD.
The market is very volatile so good stops in strategic places are needed to protect profits.
Discalaimer: this is not a trading advice but purely my personal view on this fund.
Here is a new and updated analysis of Ethereum Classic( ETC-USDT ) on the 30 minute chart.
We have a superb rise last days and my targets where hit even sooner than I expected. I predicted before 10th of May 127 USD but it happened already today on the 6th of May.
Note that the volume is still very high which is a very good sign at this moment.
I see still higher targets for Ethereum Classic but be aware to place your stops because with such a parabolic rise Ethereum Classic ETC can also easely pause the uptrend for a while or have a correction when volume dries up and there is no demand anymore.
Therefore here the new targets and support for Ethereum Classic are now:
-> Target 1 169 USD
-> Target 2 218 USD
-> Target 3 270 USD
-> Target 4 300 USD
Support for ETC is now at 147, 137, 127 and 119 USD.
The market is very volatile so good stops in strategic places are needed to protect profits.
Discalaimer: this is not a trading advice but purely my personal view on this fund.
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Traders it is always good to take profits from the table. What goes up so fast can come down fast. This chart is a new roadmap for ETC CLASSIC. Keep a good eye on the support levels and targets.
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Traders, pease share your thoughts and idea's and very important to explain the how and why. Thanks!
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My last analyse from ETC you find here. The targets where both reached so that is why we have here an updated analyse / roadmap for Ethereu Classic.
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Our first support was exactly hit at 145 USD. It goes really fast here!
Fasten your seatbelts traders! This is formule 1.
Fasten your seatbelts traders! This is formule 1.
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Okey now we are almost fallen back to support 2.
In my opinion a perfect buy would be around the 100 USD level. Then have patience for a new ride but never drive without fasten your seatbelts!
In my opinion a perfect buy would be around the 100 USD level. Then have patience for a new ride but never drive without fasten your seatbelts!
