1. #ETC prices are struggling to find #support at the 50% Fibonacci level of $17.83, but a bullish flag pattern and positive reversal theory are still evident.
2. RSI and MACD indicators lack #bullish divergence, with RSI trending lower and MACD showing increased bearish histograms.
3. A doji candle at the confluence of the 50% Fibonacci level and support #trendline suggests a potential morning star pattern, possibly leading to a bullish cycle towards $18.75. A flag breakout could push #ETH prices up by 15% to challenge resistance at $20, while dropping below the 50% Fibonacci level might bring ETC prices down to $17.
