ETC next stop could be the nearest Fib retracement level ,50%, that is $18.9 level. Break above should push price high and could potentially be the beginning of a long term uptrend continuation.

Ethereum Classic (ETC) found the bottom at $12 after which it started to move up breaking above the 200 Moving Average. The price patter shows that ETC/USD produced higher highs and higher lows, suggesting the beginning of an uptrend.

![Capture.PNG](https://cdn.steemitimages.com/DQmNoyWNoZp86vJhowiAkbbTSV93LjkQsfTNfP8LHpLccUK/Capture.PNG)

At the same time ETC continues to bounce off the uptrend and currently trading very close to it. Current support is seen at 23.6%, that is $15 area and it is likely that it will be retested, along with the 200 Moving Average. But price could also start moving higher without any correction and seems like the buying opportunity is presenting itself.

![Ethereumclassic.png](https://cdn.steemitimages.com/DQmcjSnvijTEf4UN54pASyaaRHgQ8puZVia82XvsiJKxh9M/Ethereumclassic.png)

As has been mentioned, the correction down is possible but in worst case scenario price could get back to $12 support level, but only break and close below that level would invalidate bullish outlook with confidence.