Studying price action and patterns similar to my ZEC analysis i have found similar movements forming in ETC vs the Dollar. we have had a very impulsive move up here and its more than possible the target price is broken and continues to climb; like historically happens in crypto. however we have to be aware of downside potential, and profiting from this if the long term charts begin to show a distribution pattern.
A break above the red target would indeed indicate a further bullish leg for ETC. otherwise ill be holding tight and filling my bags at bargain basement prices, Green lines. crypto is under a stage of euphoria at the moment due to a sudden dramatic correction, so its anyones guess where this could go - hence leaving the chart set as neutral incase things pan out according to my previous ETC chart target levels.