Ethereum Classic (ETC) Target $61.03 (85% Profit Potential)

in bitcoin •  7 years ago 

SUMMARY

Note: For all new followers, please consider reviewing the free tutorial videos on Elliott Waves and Chart Pattern Recognition. The links to these can be found at the end of each blog post. I especially recommend the Laddering technique which could help keep the panic and FOMO away!

Ethereum Classic (ETC) is lagging its cousin Ethereum (ETH) and the below chart shows the larger degree of wave targeting $61.03. The triangle fractal repeats are expected to contribute strongly to the next upcoming up leg in price move. Once the current triangle nears completion, a rapid increase towards $61.03 could occur with vertical price moves.

The ETC/BTC pair is uber bullish! It's got a combination of Cup & Handle, Downward Pointing Bullish Symmetrical Triangle from which price broke out of. Now that purple wave 1 is complete and 2 is nearly so; some violent up moves towards 0.01005 BTC are expected.

Here is ETH and the projections. I believe ETC, while lagging, will follow in pursuit! Let's see how the runs pan out!

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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
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Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
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Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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CLASSIC MOON TIME BABY!

$60 ETC would be great!

That's funny, I was looking at ETC today wondering why it's been stagnant. Now's the time! Good call, Haejin!

What’s the difference between Bitcoin and NASA?
Bitcoin’s actually going to the moon.

Did you know? Ethereum classic is leading cryptocurrency in the crypto market, it has high potential to grow in future.
According to coinpedia ethereum classic price prediction the price will rise high in future.

What's your thought on ethereum classic price prediction?

It'll follow Bitcoin just like it has, is and will. Bitcoin is the moon that moves the tides of the Cryptosphere ocean and all altcoins swim in it.

thnx teacher a lot

Could you please do an update on Litecoin?

Yes, an update on Litecoin would be awesome!!!

it didn't achieve that time but it is going to be now...

i buy classic thanx alot

ETC will eventually show that it has some unique factors which ETH cannot achieve.

Tell me more!

https://www.etcdevteam.com/roadmap.html

They are a good project imo but do your research .They are planning of building IOT applications that's going to be there main use-case .A lot of reputable developers and the community has just started expanding to make it easier for new developers to code.IDK why there is so much fud about a ETH vs ETC they are both good in there own ways.Even after the raiden network is done on ethereum it's first practical use cases for things like IOT would be by means of ETC developers and on there chain.

https://iohk.io/about/ is working on ETC. They are the guys who are doing a great deal of Cardana development. I still think ETC isn't a good long term investment. I just see it has more sentimental upside. But I don't think ETC will ever amount to EOS or even NEO or Komodo. It'll be a good trade but bad investment.

Thanks @haejin for your Blog ! Without you i wouldn't know anything on TA... I am starting to understand and learn. UPVOTE

thanks for your post. As always!

Many thanks for finding these patterns that so many of us would miss!
My basic understanding of ETC is that it was the original Ethereum prior to the original hard fork. As such, it is not constantly developed to the degree Ethereum is.
Do you think, because of that, it will get the momentum to push the Elliot wave so high up? Of course, correct me if my principles are way off (which they probably are).
TA is such a delicate art!

I am really excited about eth classic!

Ethereum (whatever) is going to be a good investment always.

first

Posted an update on Ripple if anyone wants to check it out!

We also think $60 ETC is possible. Also because of the coming fork in March.

Telegram: t.me/bullishcoins
bullishcoins.png

Thanks you very much for it.

To the moon...

$ETC is my largest bag I always put other coins profit in it and still waiting for that big pump hopefully this month (I don't know why but this coin is very lazy )

This is great news. Thanks!

Could you please do an update on BitShares?

Hopefully it does and it would be nice if you helped newbies like me on this platform

This ETC is just getting an increase and now am scsred though because i have a bitcoin ans from last year top ten crypto currencies ranking ETC was 3rd and bitcoin 9th. Please whats the future of bitcoin info needed on next post will be appreciated and thanks for this update

Thanks, I like the laddering technique!

Meh all these crypto thing is too much gambling for me

Thanks, I like

Thanks for the ETC analysis

Thanks!!

isn't cardano the future etherium?

thanks ı follewed you

?hey haijin i have you on steemvoter do you recommend me to upvote you have 3 min or 20 min after you post? i make the most curation rewards if I upvote you after 2.5 minutes right?

I Think a update on your thoughts concerning the big picture would be very interesting. God bless you.

Thanks, Haejin. Was looking forward to that one. Unfortunately I see BTC beating the growth rate.

Nice information anylsis @haejin

Great analysis Haejin. My gut told me to buy in at 31USD so fingers crossed.

Haejin waves :)

@haejin please share your thoughts on MINT.

잘 읽었씁니다. 항상 고맙고 자랑스럽네요.

Thank you buddy. I asked you to do this one. Maybe it is just coincidence. But happy to see your thoughts on it.

Hola gracias por la información siempre te sigoExitos en el futuro@pedro lavado

Thanks for the info. I need it so bad. If people who joined in December were in a race..I would get no metals. But I'm going to hang on in there.

I've had ETC for a while and thought it may never actually catch on like ETH did. I look forward to its catching up phase!

Setting "targets" seems fake to me, you don't even set a timeframe. I could claim "Monero (XMR) analysis, $600 target (40% Profit potential).. Since, Cryptocurrencies are less inflationist than USD, Monero will eventually reach $600 and my analysis could be assumed precise for the wrong reasons.

Also you can't really analyze coins/stocks solely on graphs, If it was that easy everyone could write a bot to do it and become a millionaire , yet nobody does it.

In the end what matters is tech, what does $(SomeCoin) bring to the table? what new feature does it have? What competitors does it have? How active is development?

If you have been following the analysis of Haejin you would notice that he is many times very precise. What he does is Technical Analysis and what you are talking about is called Fundamental Analysis. Many coins dont have a good dev behind and people still investing.
You want a time frame also? This is a prediction, not a crystal ball

You're right, what he does is technical. I'll guess I'll start posting my own Fundamental analysis :). Also, don't invest in coins just because other people are, currently anything that says cryptocurrency in its name is blowing up, as people want to be there for "The next bitcoin".

Of course, this is the same kind of thought that will make the market crash, make no mistake, this IS a bubble and the best way to avoid (most) losses is to know wether a coin is inovating or just copying.

A few examples are:

  • Bitcoin: First cryptocurrency (innovation)
  • Ethereum: First one with smart contracts (innovation)
  • Monero: First one with privacy by default (innovation)

So even after a crash, all these have real world usage and thus have real world value and make a great long term investment.

And you're not even paying attention! In the first graph, you can clearly see his $61.03 target point lands somewhere early April. Read the chart - it's all there. And, as @gabriel.tapiti says, you're confusing technical analysis with fundamental. Nothing here alludes to, or pretends to be, fundamental. And both approaches are equally valid, and each have decades of track record.

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been hodling ETC for a while now. I hope it pays off :)

Keepin my fingers crossed. I've been waiting for this one for quite some time...

Thanks so much for this AT!

대단하신 분이란 소문듣고 오기 시작해서 하루에도 몇번씩 들르고 있습니다. 저같은 초보 투자자들의 길잡이가 되어주셔서 너무너무 감사합니다! 마음을 전하기엔 영어가 짧아 한글로 작성하는점 양해 바랍니다. 혹 강연회나 출판 계획은 없으신지요. 가르침 받고 싶습니다!!!
새해 복 많이 많이 받으시고 행복한 일만 가득하시길 기원합니다!!!

u are the light at the end of the tunnel.

Ethereum Classic Rocketed Up To A New ATH Of $46.36 Before The Markets Crash Again: http://bit.ly/2B1ou2j

First! =)

right

Ethereum Classic Coinbase Listing News

how the different between ETH and ETC? which one is the best to invest?