The crypto crew on Elliot Wave Trader (EWT) has had a blast with Ether Classic. I have a long term target of $40 with an intermediate target of $13. But it is on the edge of a breakout out setup I talked about on EWT. A break below $5.75 (Poloniex) will make it likely and I'll then view $4.20 in play. But that still doesn't take my higher targets off the table.
A reference on how I trade: https://steemit.com/cryptocurrency/@wildtrader/how-i-trade-cryptos-using-elliot-wave-theory
Disclaimer:
Trading crytpos is like swimming with sharks. These are unregulated markets. While I'm providing some analysis, the risk is all yours. You can get hacked, raided, and scalped. These markets can be thin and predators lurk. Do not put any money in cryptos than you can afford to lose. Always use two factor authentication on your accounts. And, regularly take profits out and trade something else
ETH: 0x214100463968649031A9D6E6A6C5B9aDdE540e29
BTC: 14Y4V2hFUKzQZe3rVJ8cTphv583FiRvgqS
