🔥 ETC Bullish Breakout From Triangle

5 ก.ย. 2022

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.