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✴️ Ethereum Classic Next Target Mapped Series ($32 to $42 Next)
Ethereum Classic / Tether
Long
✴️ Ethereum Classic Next Target Mapped Series ($32 to $42 Next)
By AlanSantana
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Mar 13, 2023
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Mar 13, 2023
This is another one of the top Altcoins that I've been tracking/reading for you since November 2022.
We also did great with Ethereum Classic back in June/July before I stopped writing. This one generated great profits and it was my first DEX trade.
The next and easy target is set at $32 but it can go higher, much higher.
The downtrend for ETCUSDT ended December last year.
This is followed by a bullish breakout #1.
The breakout is followed by a correction, which is normal, and this correction ends in a higher low #2.
#3 Is the next leg-UP!
$32 Is just too easy and so we are going with the 2.618 Fib. extension for this one and that's $42 as the next target.
This is mid-term.
✔️ Mid-term for us means within 1-3 months.
✔️ Short-term within 30 days.
✔️ Long-term can be 3-6 months or everything 6+.
After our target is hit we will get another correction.
Remember that it can go much higher or a bit lower than what we see on this chart.
The next major correction should end in another higher low and then a long period of consolidation, we will have to wait and see.
But the low was set last year, the rest is long-term growth.
Higher highs and higher lows.
Thank you for reading me.
Thanks a lot for your continued support.
Oh wait! The invalidation point is December's low.
If prices go below this level this chart analysis becomes invalid and a new one is needed.
All trading above this level and the bullish potential remains intact.
Patience is key.
Namaste.
altcoins
Beyond Technical Analysis
Chart Patterns
crypto
Cryptocurrency
etc
ETCUSDT
ethereumclassic
Trend Analysis
AlanSantana
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