ETC 1D Global Picture: Where to Sell and Where to Buy

Your attention is the global picture on the ETCUSDT chart
At the end of last month, the Ethereum Classic price made a good x6 rally in less than two weeks, after which a correction phase began.
Later, the corrective fall accelerated the fall of the entire crypto market.

But there is also a positive point.
The fall was aggressively bought out from the $40-50 zone, and this is essentially the absolute maximum in 2018, which could not be updated for 3 years.
On daily candles, the ransom formed large shadows from below, and the candlestick bodies closed above the $47 level, testing the liquidity zone for strength.

This alignment of events gives hope that the price of ETCUSD may rise again to the price range of $115-125.
In this area, you should cover the longs and look around.
Since further there can be two scenarios:
1) Fixing the ETC price above $115-125 will give a chance to think about the next global target in the $260 area.
2) If the negative background continues to dominate on the crypto market, then it will be possible to place buckets for purchases in the $20-30 zone, because this is the next liquid zone, which is below $50.
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