ETC/ETH head and shoulders pattern or not?

ETC/ETH will probably fall to 38.2% Fib after that it must make a decision go up and reach our target (cyan line) or fall to either 200 EMA or the 23.60% Fib level (yellow line or red line).
It also depends heavily on what Bitcoin is going to do as it tends to take altcoins down with it.
CryptocurrencyetcETHTrend Analysis

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