✴️ Ethereum Classic, The Bigger Picture ($118 - $289 Long-Term)We looked at many Altcoins in the short-term... Let's expand our view, let's see what the long-term chart has to say, the perspective widens, it is completely different.
Here we have many bullish signals, really strong, for Ethereum Classic (ETCUSDT).
Let's start from right to left:
We have a volume breakout with the highest weekly buy volume since August 2022.
This week ETCUSDT is moving above EMA21 and EMA10. Strong signal.
The RSI is super strong at 53.86, again, weekly, which means 7X stronger than the daily.
The consolidation triangle is being broken bullish. This same pattern in 2021 led to a very strong bull-market.
Long-term higher lows. Long-term growth. Long-term up.
The targets goes as follow once the bull-market starts:
1) $37 can be achieved easily on the first jump wave.
2) $52 follows and $77 mid-term.
3) The long-term targets go to $118 and $146.
4) The new All-Time High, over a year from now, can hit $289 or higher... We will look at the higher potential in the future.
That's Ethereum Classic for you long-term.
Namaste.
