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ETC on the edge

wildtrader

Published: 16 May 2017 › Updated: 16 May 2017ETC on the edge

ETC on the edge

The crypto crew on Elliot Wave Trader (EWT) has had a blast with Ether Classic. I have a long term target of $40 with an intermediate target of $13. But it is on the edge of a breakout out setup I talked about on EWT. A break below $5.75 (Poloniex) will make it likely and I'll then view $4.20 in play. But that still doesn't take my higher targets off the table.

A reference on how I trade: https://steemit.com/cryptocurrency/@wildtrader/how-i-trade-cryptos-using-elliot-wave-theory

Disclaimer:
Trading crytpos is like swimming with sharks. These are unregulated markets. While I'm providing some analysis, the risk is all yours. You can get hacked, raided, and scalped. These markets can be thin and predators lurk. Do not put any money in cryptos than you can afford to lose. Always use two factor authentication on your accounts. And, regularly take profits out and trade something else

ETH: 0x214100463968649031A9D6E6A6C5B9aDdE540e29
BTC: 14Y4V2hFUKzQZe3rVJ8cTphv583FiRvgqS

Leave ETC on the edge to:

Written by

Ryan Wilday, the Crypto Currency Analyst at Elliott Wave Trader

Read more #etherclassic posts


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