23$ is one of the most important levels on this chart. For the past 4 weeks ETC has been regarding it as support.
- Bullish Divergence on both oscillators and all higher time frames. - Bullish Dragon broken and backtested at support. - Rising volume after consolidation and break of the spine. - Holding 23$ as support and the 200MA. - Weekly reversal candles confirmed for now.
Most coins don't look great, but this one does. I'd be cautious and not over allocate.