DrJLT

ETC possible upside w/ potential for down

BITFINEX:ETCUSD   Ethereum Classic
We can see that ETC finished 5 impulse waves in December & started to decline.

At the moment, we're uncertain whether the corrective waves have been completed:

If yes, and if ETC breaks up from here back to the upward channel, this can be considered the beginning of another large impulse wave. Targets will be above $50.

If not, we can have another 0A = BC correction to $15.

I've noticed that some people here are suggesting that some PND groups will pump ETC soon. We'll see if they do and if they can succeed.

Penafian

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