As you can see, the ETC has formed couple of bull flags on its way up. If the history will repeat itself we will see another one as high as 1.28 Fibonacci. Which will be somewhere around .4300, which would represent roughly 37.5 USD aand which is exactly the H&S pattern target from my previous graph. (please take a look)
Commentaire:
Alright, I must admit, it is quite tricky to predict price movement in ETCBTC. ETC reached its target from H&S pattern (see ETCUSD graph here) and went down to its retracement level. Please note one very important thing - coin/USD predictions are far more accurate than coin/BTC. Price swings of BTC might affect all predictions in big way. Therefore it is necessary to keep eye on the coin/USD predictions, if available. I will update soon.