Will ETC correct or is it gonna pump even harder? I have counted 5 waves up, and confirmed on a smaller timeframes as well. 5 waves are usually followed by some sort of a correction. I've labeled some possible targets, end new buy zones, but there is no certainty that ETC will correct that deep. Fifth wave may not be finished yet, so be very carefull. This is only my opinion, and I'm no technical expert, therefore this is definitely not a financial advice.
Just wanted to present you some fancy ass color chart.
GL traders.
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First target reached spot on! Bounce of 23.6% fib level and of a trend line. Be careful. Retrace can go even further.