It looks like ETC is setting up for the 5th wave of an impulse move. There is a pretty strong area of value around $13 that could create significant resistance. Once it breaks that, it should hit at least $15.50. But because waves 1 and 3 are equal, there's a higher probability that wave 5 will go higher. It seems reasonable to me that it could hit $17-18. And if the market has a strong bullish surge (looking at you, Bitcoin) it could exceed $20, which wouldn't be shocking considering that's where it was just a month ago.
Note
It bothers me that I have wave 4 overlapping wave 1. It is possible that I have miscounted the waves. This wave count does not have the overlap, has a more traditional extended 3rd wave, and also indicates ETC breaking $20: 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.