ETCUSD: Target hit. Expecting a test of the 1W support.

TP = 9.505 hit as ETC made a new Lower Low near 9.000 right before it jumped on a fundamental spike just above 11.000, trying the full width of the new 1D Channel Down (MACD = -0.469, Highs/Lows = -0.2671, B/BP = -0.4798). We are still within the 1W Fallling Wedge territory but much closer to its supporting trendline so a test of the 8.500 - 7.700 support array is required to determine the bands. Our new targets for ETCUSD are 8.500, 8.000 and 7.700.