It's been a little over a month since and it's time to update it.
At first, the ETCUSD price tried to rise uncertainly, but then sharply fell to the level of $5, where an aggressive buyer buys back and gains a long position for more than 3 months. Then we had a strong growth, which ended at the upper target from the previous idea in the zone of $10 which made x2.
If you look at the chart globally, you can see that the ETCUSDT price has been moving up the channel for the last 10 months. Now the ETC price is trying to fix in the upper half of the channel. If this trend continues, then in the coming days we should expect growth to the level of $9, where it is worth more closely monitor the behavior of players in the trading pair ETCUSD. After all, the further price movement will depend on it.
We have depicted possible scenarios on the chart, and if we notice drastic changes in the dominance of powers in this trading pair, we will definitely update the idea. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)