[EMC2/BTC] Long
Updated
EMC2BTC- EMC2 broke above 0.0001 Level and become Support.
- EMC2 Slow down around 0.000165 - 0.000175 .
- After reached all time high level at 0.0002 EMC2 seller come and push price back to support area.
- Buyer keep pushing up and continue snap back from 0.00017 to support area again.
- Third time pounce back from 0.00017 but squeezed, Show us Buyer standing by.
- Slowly approaching support area and bottom of the Range but now buyer showing up.
We can see that both side showing strenght and we may have spike before it take off.
I'm waiting for the test at 0.000095, Mini support at 1H timeframe then I get in.
Main target:
Take profit on top of the range but we may get reaction from supply at 0.000014 area. I may remove apart of my position and move stop to zero. Then Let's see if price can reach top of the range.
Stop-loss:
I Will keep below the support area if we have spike.
I'll continue update my trade
Note
Entry hit! Move stop lowerNote
I'm still watching...Look like EMC2 need more time to reach my first target.
After all still in my favor.
Trade active
First target reached at supply area, the reaction not strong as I expected.I still remove 75% position.
Move stop to breakeven.
Trade closed: stop reached
Trade closed: stop reached
Breakeven
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