ETHEREUM CLASSIC PRICE FORECAST AND TREND AS ON FEBRUARY 10, 2017

IS ETHEREUM CLASSIC POISED FOR A MASSIVE PUMP? IS IT GOING TO TEST IT'S PREVIOUS ALL TIME HIGH? LET'S FIND OUT!

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Hello guys,

Today we are going to analyze the price of ethereum classic and predict the possible price movement of ETC in the coming days. So, let's start!

FUNDAMENTALS : Ethereum classic development team has recently announced the launch of callisto network project which will result in a 1:1 ratio of callisto tokens for ethereum classic holders. Enough said?

Well, that's actually a very bullish and great news for ETC (ethereum classic) holders. If we go in the past, we have actually seen the coin prices going multifolds with the airdrop news (NXT-IGNIS AIRDROP, ZCL-BCPT AIRDROP ETC) and who hates free money??

Let's have a quick look at the ETC/BTC price chart and see the possible outcomes :

As we can see in the above picture, the price of ethereum classic against bitcoin is trying to break upwards with the first green rectangular box being a major resistance. If it breaks above the first box, we expect a huge surge in price of ethereum classic in a very short period of time (considering strong fundamentals as well). MACD is looking super bullish while RSI is overbought on a 4 hour time frame chart. Keeping it short, let's have a look at the possible trade setup.

TRADE SETUP

BUYING RANGE : 0.00270000 OR BELOW
STOP LOSS : 0.00200000
TARGETS : 0.00450000, 0.00600000, 0.00800000

We repeat, ethereum classic looks super bullish and buffed up for massive gains in the coming days and it can go up very quick in a short period of time.

DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.

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