ETC Long
2025-01-04
Category: None

The Accumulation Phase (2023-2024)   shows a significant period of consolidation between late 2023 and 2024, where the price remains within a range. This phase suggests a buildup of buying pressure, indicating a potential breakout.

 The Re-Accumulation Phase (2024-2025)  shows further consolidation after the initial movement, preparing for the next upward move. This phase is important as it forms a solid base for potential price advancement.

A break above the MSB level could signal stronger upward momentum.

Potential Target: The chart projects that a breakout above the MSB could lead to a sharp price movement, with potential targets near $65

Overall Outlook: The chart reflects a well-planned accumulation phase with an expected bullish trend if price can surpass the MSB level. 