ETC descending channel about to pop

ETC is showing the same pattern as last few months, when it was descending and rose +188%.
Two good reasons for a bullish outlook for a +80%
1) At the orange support zone and showing strength here, it's not going lower. It used this zone last time to rise as well
2) In descending channel, that lost momentum at the same support zone as before.

I recommend waiting before picking this one up.
No coin is bullish even if it goes +20% in one day if and only if it breaks the patterns and forms a clear sign.
Thus, neutral-bullish now. I will update this idea once it breaks and update you guys

** Check out my ETC ideas in my profile and below

Comment:

Nasty candle forming, caution here until the end of the week.

Trade active:

almost 50% up, just 50% more to go to reach 100% profit

Comment:

It's hitting the resistance around $20. If it falls below $16 it's a bad sign.
If it rises above $25 it's a good sign