Time to buy more ETC, as it a bearish pattern is up. BEARISH FLAG PATTERN.
the flag always appear as a rectangle, facing down or up.
Overall performance rank for breakouts: Not applicable
Break even failure rate for up/down breakouts: 4%; 2%
Average rise/decline: 23%; 16%
Throwback/pullback rate: 43%; 46%
Percentage meeting price target for up/down breakouts: 64%; 47%
Excpecting a measure move down to two different fib extension 1.272 and 1.414 respectively.
The targets which is also a strong support level at around 0.00131129sats. As oscilator is fully overbought.
TECHNICALS suggests that ;
If price breaks out below the flag the three targets with different colours will be achieved.
Disclaimer: The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.