MilosNekic

MilosNekic

This could be the bull trap similar to the one marked. I think this is not the bottom yet. You can identify the bottom with high volume.

MilosNekic

Do we have a possible head and shoulders pattern here?

MilosNekic

I think that ETC is still not powerful enough for new all time highs such as 60 or 70. If the price goes up and passes the 50$ range, wait and sell at 60-70 range. However, if we touch 50$ and you see the price correction happening, then we probably have a double top and you should sell and wait patiently until the price retests the previous support level or...