ETC is having a hard time keeping supports and it is dumping hard. We have two possible scenarios here. 1. As ETC touched the trendline recovered to a higher price giving us the idea it has touched bottom and we expect a reversal from here. 2. If ETC breaks this support then it is fait to assume we will see it falling to the 0.0023 price range.
I am not calling an entry for this one due to circumstances but I am looking for a 0.0023 price range.
This is not a financial advice but an educated opinion.
@MaGutt, we will probably retest the red channel or the bottom of the price reached. At this point I could think of a possible horizontal movement. if you are trading, set stop loss