Long
Updated

#0002. EMCBTC. Long. On border of the channel.

137
Market capitalization: 40 M
Capitalization rank: 117

coinmarketcap.com/currencies/emercoin/

We think that this coin is in the price channel as it is shown on graphics. The price is developed from the lower bound of the channel and can reach the upper bound. Potential profit of +40%

We have already opened a position. Our buying price is 0.000150
Trade active
The price still is near the lower bound of the channel. The turn hasn't occurred. Therefore we change level of take profit.

Now 9:49 UTC 10 Sep 2018

snapshot
Trade closed: target reached
It is well visible that the price has returned to the upper bound of the channel. We expected it. 210 too. But we have sold at the price 190. We has in vain changed the opinion.

Now 9:16 UTC 11 Sep 2018

snapshot

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