EMC Live Analysis
Updated
Hey everyone!
Crypto market turning green, let's find good opportunities to have some good gains. One of such coins is BITTREX:EMCUSD. It's been growing for the last few days, may be it's the beginning of bullish trend.
But is it? Let's take a look at Bollinger Bands. We can see that we are in the narrow channel of BB right now, which means,BITTREX:EMCUSD, is going to have a strong impulse soon. Most likely the impulse will be upwards, as we are in the huge support zone right now.
We are above the 15 EMA, and probably will close today above the 30 EMA. Awesome Oscillator looks good, and I'm going to wait till AO goes above 0 to enter long position.
Honestly, I'm worried about candles' shadows, they are to big, looks like someone is pushing price down. That's why I will better wait till the trend is confirm.
Will keep you updated guys!
Also, I have a good coin with a small marketcap, which can go this year as good as
Verge did it back in December 2017.
Let me know in the comments if you are interested in such coin. And follow so you don't miss it.
Remember, don't take risks, wait for the confirmation of trend!
Thank you!
Crypto market turning green, let's find good opportunities to have some good gains. One of such coins is BITTREX:EMCUSD. It's been growing for the last few days, may be it's the beginning of bullish trend.
But is it? Let's take a look at Bollinger Bands. We can see that we are in the narrow channel of BB right now, which means,BITTREX:EMCUSD, is going to have a strong impulse soon. Most likely the impulse will be upwards, as we are in the huge support zone right now.
We are above the 15 EMA, and probably will close today above the 30 EMA. Awesome Oscillator looks good, and I'm going to wait till AO goes above 0 to enter long position.
Honestly, I'm worried about candles' shadows, they are to big, looks like someone is pushing price down. That's why I will better wait till the trend is confirm.
Will keep you updated guys!
Also, I have a good coin with a small marketcap, which can go this year as good as
Verge did it back in December 2017. Let me know in the comments if you are interested in such coin. And follow so you don't miss it.
Remember, don't take risks, wait for the confirmation of trend!
Thank you!
Note
Hey everyone!We have a dip here in alts market be cause of Bitcoin. But I like this EMC chart, we managed to go above 30 EMA and AO above 0 shows us buy signal. Also Aroon up behaving well, so if you want to buy dip, i think it is the less risky choice to buy EMC.
Thank you!
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