Ethereum Classic
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ETHEREUM CLASSIC (ETC) PRICE ANALYSIS AND FORECAST

1529
Bullish, long-term consolidation pattern forming similar to the one we just witnessed in ETH. May take 1-3 months but the case looks bullish for price target of $35-40. As you can see in the chart, previous rallies traded 5.4+ x the 200 day moving average. Price is currently 1.46 x 200 day moving average, reducing risk substantially.

Recommendation (not meant to be trading advice): keep some in the portfolio for the medium to long-term, buy in at dips (if possible) close to the 200DMA ($14.36). Looks like it needs further consolidation around $23-25 before a substantial breakout. Good luck.
Note
Touching resistance line. Look for a pull back.

snapshot
Trade fermée: cible de profit atteinte
Closed at $32. Nice trade.

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