ETC - SECOND WAVE POSSIBLE

By indisguise

Updated

etc looks bullish, second wave possible.
i think the price could bounce from one of these three levels.

Note

we have lost volume and momentum.
so i would say we must wait one day for breakout.

Note

first checkpoint around 17.9 passed

Note

second "checkpoint" around ~15.8 reached

Note

we reached our last "ceckpoint" around 17.0 but the btc dump was harder than expected. now we need patience and don't forget your stop loss.

Note

have a look at the blue dotted lines, price forms a falling wedge.
this pattern is generally bullish and signals a possible reverse of the trend.
we could see a price break upwards through the wedge.

but keep in mind, we need an stable btc (above 2.100) for this scenario.

indisguise

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