Usually when $ETC starts to run, we're nearing the end of a trend.
I think we might see $ETC make a move over the next week. There's high volume coming into it with a 50% increase in the last day.
On the chart, you can see that ETC broke it's downtrend line and has retested it and now is basing outside of it.
If it can get over $24, then the next targets are $36, $43, $49.
I'd take caution here as I think the entire crypto market will reverse sometime in the next 2 weeks. Let's see if ETC moves first (and don't get caught holding this).
I think we might see $ETC make a move over the next week. There's high volume coming into it with a 50% increase in the last day.
On the chart, you can see that ETC broke it's downtrend line and has retested it and now is basing outside of it.
If it can get over $24, then the next targets are $36, $43, $49.
I'd take caution here as I think the entire crypto market will reverse sometime in the next 2 weeks. Let's see if ETC moves first (and don't get caught holding this).
Comment:
Too much weakness in crypto or stocks for me to continue to think this is a good idea.
