Possible we will see another downside today if BTC will continue its downward movements below 6.6k. This is due to the breaking of the below channel line which is our support. This confirms the next Elliot Corrective wave C will be materialized at 0.382 fib.ret from daily swing low to swing high. It might also swing at 618 fib.ret level from swing high to swing...
It might materialize the rising wedge of BTC in daily TF
It might materialized the rising wedge but if not then a flag pattern will replace as rally
ETC formed a Hidden Bullish Divergence & Bearish Pennant in 4hrs Time Frame.