Ethereum classic has been a sleep. If anything like the big brother, we can assume ETC is slightly lagging bad and is confirmed in the charts. We've seen an explosion from $10 to $400 for ETH in June/July, then another massive uptrend from $300 ranges to an all-time-high of $1,382. We've also seen ETC trail behind slowly, steadily crawling behind under everyone's nose and out of sight.

We can see a beautiful 5 wave structure that has formed within sub wave 3, where wave 4 is consolidating.

This is a very likely case to be interested near the support trend line and upon breakout at apex.



If this case holds, then we can see a possible 85% gain.



If that case doesn't hold, we move to a lower tier support range.



With up to a 124% gain.

Though with much anticipation regardless of the case, is that upon complete of this consolidation, we can see a huge breakout upwards to $60 for an 85% gain.

With entries and stops depending on where the support trendline holds.

Good luck everyone ---------

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Please always remember we trade using probability and not all trades are winners. We manage our risk with stop losses and try to win over time. Those that don't understand this, and expect only to having winning trades, will always lose money over time.

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

I'm not a financial adviser, nor am I giving you any tips on when to buy, sell, etc. I'm simply stating my opinions and what I personally look for. Those that follow my trades blindly and don't understand risk management, will always lose over time. I manage risk differently. Not all trades are winners. We manage our risk with stop losses and win over time. Even if we've entered at a similar price, I can micro manage my risk, by shedding, adding, reducing, etc, but those calls aren't made. Therefore despite entering near the same price, I may come out well ahead while you may take a loss, even if we exit at the same price when the market goes against my call. Remember, I always profit OVER TIME, and am not focused on winning every single trade. As long as we win more than we lose over time. I want to be very clear so you understand the outcomes will always be different even if we take the same trade. I MANAGE RISK and see this game as a probability. Therefore, be forewarned.