Considering oscillators are bullish showing a bullish divergence play along with Elliott Wave hitting at 100% Fibonacci ratio saying that correction phase is over. Likely ETCBTC correcting is done and we're on our way to an impulsive rally.

Bear scenario if it breaks support.
Commodity Channel Index (CCI)Elliott WaveTechnical IndicatorsmacddivergencemacdivergenceTrend AnalysisWave Analysis

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