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.


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