Seems that ETC has touched the ground. Now we can buy at current levels or at 0,618% (0.0013) if there will be a little more retracement. ETC is reacting well the BTC rising and seems that now it can take his ground.
Take profit is set on 0.0019
The mechanic seems something like this:
1) Yuan is loosing buying power
2) Chinese buy all BTC that they can pushing up BTC/CNY
3) When BTC/CNY is too high they are buying dollars to buy BTC pushing up also BTC/USD