Ethereum Classic +100% Target


Following the previous idea on Ethereum Classic, the upside target and resistance is still near $80. Although price corrected down strongly, it has found the support at 8/1 Gann Fan trendline, that has been rejected cleanly.

ETC/USD now returned back to the previous strong resistance area at $40, and corrected back to the previous support area near $30. The $30 support has been rejected which should result in a continuation of the uptrend in the near future.