Emc2
Buy Position for EMC2with confirmation of MACD and Moving Averages Crosses on 1H and 2H time frames
Entry After 1H candle closed above Resistance 0.00009207
Stop loss 2H Closed candle under Support 0.00008467
Targets:
0.00010418
0.00012204
0.00014535
Good luck
$EMC2BTC FLAGUpdated idea: Buying some here at previous breakout spot with confluence of the moving average. Starting to see a bounce so buying into some starter shares with more to add on a confirmed flag break.
$EMC2 getting ready for a wave 5Very good risk vs reward trade.
My first publish ever, let me know your thoughts!
EMC2 Triple Bottom ReversalPossible reversal starting on EMC2. Triple Bottom over the last few days could set up for a run. Watching the neck line for a full on reversal confirmation if it breaks. With news coming on the 19th, this could be a chance to start scaling in or thinking about a position when the Neck Line breaks. Happy Trading!
EMC2 - Third Wave (Correction) Coin went crazy last few days and finished last wave. It has to correct a bit now to continue further up-rise.
EMC2 Upward Pattern Expected - Be ReadyWe expect EMC2 to rise over 22,500 within 72 Hours as we get closer and closer to the hard fork. I would also like to remind you that 50% of EMC2 coins are scheduled to be burnt which naturally will increase price in an upward trend.
We also have anticipation of news which are set to be released on December 19, 2017 which will just hit up this market even higher.
Target 1 - over 22,500
Target 2 - over 30,000
MAX Target for December is 50,000
UPDATE: EMC2 Rise Begins - WATCH CLOSELYWe couldn't miss a quick EMC2 update for you guys:
We noticed a strong upward trend recently as Bitcoin's rise has slowly halted. EMC2 has a true potential to get to our previously selected target zone of 22,500 (+-2,500) with Hard Ford less then 48 Hours away.
Watch for any sudden movements as BTC might spoil our party!
Share your thoughts below, we will be happy to reply! Feel free to look over our previous longer term analysis until Dec 20
NOTE: trade with caution and only invest what you can afford to loose as cryptocurrency is highly unpredictable
EMC2 on symmetric triangle, Buy on SupportHello Friends,
Our favourite coin BITTREX:EMC2USD is on support. I would buy here with strict sl for the target of ATH (all time high)
why EMC2 ?
1) Hard Fork in next 10 hrs
2) Surprise news on 19th (rumours are that involvement of Apple)
3) Their roadmap is also good.
What is the exit signal?
The Decisive break below the support.
What else to consider?
Bitcoin is in the correction phase. when Bitcoin goes up, it is the king :) So watch your alt coins vs BTC.
what is the pattern we are trading?
The descending triangle pattern.
2 things in it, 1) Continuation means support fails to hold.
2) Bullish breakout.
More here :
stockcharts.com
www.investopedia.com
Please post your thoughts.
EMC2BTC EMC is currently respecting fib levels as well as previous support/resistance areas. approx 7 hours to go til hard fork and trading volume is rising. to the moon we go :)
EMC2BTCAfter a strong bullish run, EMC found resistance. The bearish move from A to B found support and the retracement from B to C passed fib level 0.618 confirming a possible ABCD pattern at play. The expectation is that before the hardfork on Dec 11th, the CD leg touch the 1.272 fib level thereby presenting a possible buy opportunity. Lets see if this moons once more :)
EMC2 Short Term Possible falling wedge on the 15 min.
Keep an eye on the pattern.
Break down of wedge support will lead to further decrease.
Break to the upside will test other short term resistance spots indicated by each subsequent arrow point.
Coin burn coming soon which implicates further increase until then.
MacD and RSI looking good, but that means nothing if bitcoin doesn't chill.
Trade procedure:
Enter now or break and retest of top of resistance wedge.
Target 1: 14800-15400 sat.
Target 2: 17300 sat.
Sell in proportions because it could retest recent highs.
Stop loss: 11800 sat.
Goodluck!
emc2 will be in range bound before next moveBITTREX:EMC2USD Hats off.
wow, that was amazing run. $1000 invested a month back would have turned to $40000, 40x with BTC growth.
Price will consolidate between 1.80 - 2.4 for sometime (generally 4-5 days as per the previous pattern), then it should fly again. My target would be open one :)
All aboardHeading north again here. This puppy is primed and ready to roll.
MACD swinging, STOCH RSI heading north, accumulation rising. Cash inflow should far exceed inflow for a good burst.
EMC2/BTCEMC2 is looking strong and might not retrace any further (as I expected in my previous idea). If it breaks the current channel upwards, the target is in between 12000 and 13000 Satoshi.
Yes I know, the chart is a mess. I made it for myself and decided to share it.
Previous:
EMC2 New Trade (100% Potential)New buy set up available for EMC2.
Open trade: 0.000093
Stop: 0.000075
Target:
(1) 0.00012
(2) 0.00018
Trade carefully.
Invest only what you can afford to lose.
And remember, YOU DESERVE THE BEST!
EMC2 hardfork + coinburn EMC2 has been going wild in the past few days. Very strong movements.
Buy range = 0.000057 - 0.000069
Target = 0.00010 - 0.00012
If you want to go long, target = 0.00022
- Hardfork around 10th December (sell before that).
- Coin burn after the fork.
Hold EMC2i dont care about FA or upcoming " mind blowing" news. Just look at this pattern , its called "three white soldier" pattern (you can google it)
so what its "three white soldier" ?
its new trend (bullish), after some downtrend or consolidation , and each of that green candle must bigger than previous one.
Of course on that new bullish trend will be there " shake out" (sudden pump and dump) . Its part of whale game , they always didnt like "weak hand"
tip : always put stop loss : for me stop loss on the bottom of that last candle
