Etheruem Classic has been on a massive bull run in the last 3 days, starting at $23.78 on the 12th day of February, 2018 and the momentum and buy pressure is still inviting, thanks to MACD current bearish position. The question has been pooping up traders mind " Is it to late to buy?" Well based on analysis on MACD and Fibonacci retracement, ETC is still in a good buy position.
As as time of writing, ETC is trading at $34.10 and expected target for short term is $42.50. Don't forget to use stop loss.
Happy Valentine's day trading
https://www.tradingview.com/chart/ETCUSD/H9lqp2rU-ETC-USD-MACD-Fib-Retracement/
CAVEAT: The analysis is based Education, my opinion and trading decisions. Good luck and trade with caution.
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