🔥 ETC Bullish Breakout From Triangle
ETC was one of the few tokens which saw massive returns after the crypto capitulation in June.
After reaching the $45 area, however, massive profit-taking ocurred and ETC fell back to around $31. During the distribution event, ETC has formed a triangle pattern on the chart.
As of today, ETC has broken out of said triangle pattern on the top side and seems to have started a new bullish trend.
In my view, we can see a push towards the blue targets in the near future. Keeping my targets close for now, if we can make a new local high (>$45) we can start looking at targets further away.
After reaching the $45 area, however, massive profit-taking ocurred and ETC fell back to around $31. During the distribution event, ETC has formed a triangle pattern on the chart.
As of today, ETC has broken out of said triangle pattern on the top side and seems to have started a new bullish trend.
In my view, we can see a push towards the blue targets in the near future. Keeping my targets close for now, if we can make a new local high (>$45) we can start looking at targets further away.
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