So what's now then for ETC? In my opinion we should focus on the Symmetrical Resistance levels. The 1st is at 5.900. If that breaks, I expect an extension to 7.000 before a new pattern emerges. If the price gets rejected at 5.900 then we will most likely test the intermediate line (black dashed bold line) of the downtrend sequence that started in June. If it holds, then that would be a great sign for Bulls and the best buy entry for the strong rise to follow.
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