ETCUSD - deeper retracement before the bulls move in.

If the support level breaks we may see price go to the 127% of the 1st corrective swing and the 0.618 retracement of the entire move. This will attract bulls. I would expect to see some buyers here and it's good to trade off these deeper retracment levels as your risk is lower. Wait for the CHANGE-OF-TREND on the lower time frames to lower your riskl