etc looks bullish, second wave possible. i think the price could bounce from one of these three levels.
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we have lost volume and momentum. so i would say we must wait one day for breakout.
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first checkpoint around 17.9 passed
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second "checkpoint" around ~15.8 reached
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we reached our last "ceckpoint" around 17.0 but the btc dump was harder than expected. now we need patience and don't forget your stop loss.
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have a look at the blue dotted lines, price forms a falling wedge. this pattern is generally bullish and signals a possible reverse of the trend. we could see a price break upwards through the wedge.
but keep in mind, we need an stable btc (above 2.100) for this scenario.
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