As we can see on the ETC chart, even levels formed without removing liquidity. Major stops and liquidity are below previous lows. Locally, upward movement is possible, but globally, we have an untraded part of the chart, where small holders capitulate, and big capital can gain their positions. Since before that the price had risen to $140 with no volume, I think that the growth was manipulative and we easily can see POI 1 and POI 2 IN THE CASE IF THE PRICE EXITS OUT OF THE UP CHANNEL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.