$ETC may have another leg down to 20.00 area on 4h
Here on 
ETC, we can see a lot of down pressure on the 4h time frame
The 1st and 3rd targets was already achieved as is indicated over the numbered pink arrows as this targets were from the downtrend above
Now, it looks like a downtrend flag is forming inside the yellow area
This flag is giving us another 2 more down targets the coincide with the floor of yellow channel and another blue support down there
So here we have a lot of confluences that indicate this downward pressure will happen
As
BTC is still going sideways and there is some form of cooling down this last days, is much plausible that ETC will have a final last drop on targets number 2 and number 4
ETC, we can see a lot of down pressure on the 4h time frameThe 1st and 3rd targets was already achieved as is indicated over the numbered pink arrows as this targets were from the downtrend above
Now, it looks like a downtrend flag is forming inside the yellow area
This flag is giving us another 2 more down targets the coincide with the floor of yellow channel and another blue support down there
So here we have a lot of confluences that indicate this downward pressure will happen
As
BTC is still going sideways and there is some form of cooling down this last days, is much plausible that ETC will have a final last drop on targets number 2 and number 4
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