ETC on its way back to test resistance on the trend line, 200ma still on a steady uptrend so i dare say we are looking good for a retest and possibly even a break out.
If we break out from current penant and bounce off a retest on the nex support i would stay in the trade and look at taking profits at previous structure around .004
If it cant break trend line i would drop bags straight away and be happy with 7%
stop losses under current support at .0032.

as long as btc consolidates at current price for a while this should be good for a run
Trend Analysis

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