Technical analysis by samideluxe about Symbol ETC: Buy recommendation (10/24/2022)

It seams that crypto has bottomed for the short&medium term. That would be definitely confirmed if the potential inverse h&S pattern would play out as described bellow: Etc, seams to be forming a potential, h&S pattern If this scenario will play out the first Short term-target appears to be approx 31$ Around the long-term resistance which is the upper trendline. The second potential medium-term target would then be around 50$, where the next major resistance would lie and where the inv. h&S pattern would be confirmed if there where to be a breakout above that price-zone, thus confirming a bottoming and a reversal in the market, signaling a new bull.