The graphics are just for a bit of fun :) but this is the structure I'm currently watching for ETC/USD.
Less than 24 hours ago I posted my view on the 1h timeframe featuring an (chart is shown below).
This provides us with an excellent scope on future price direction, which I will use to my advantage for an ideal entry point.
In addition to all of the above, price has formed a valid pattern on the (chart is shown below).
This correlates with the pattern as it indicates a move lower before we breakout of the $3 range.
I've got plenty more analysis on the way, keep supporting my ideas and don't forget to add me on social media!
Expecting further declines before a big move up!
I'm expecting a temporary drop to around 2.48 followed by an increase to re-test the trendline, we may see a breakout occur once this happens.
I'm expecting the momentum to continue!
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