Emc2
EMC2/BTC - Outlook for DecemberEMC2 hit our previous target. Buyback at either ~6700, 6200 or 5600 Satoshi. Next target around 12000 Satoshi.
Previous analysis:
EMC2 Trade OpportunityAscending triangle trade opportunity, watch for breakout of top resistance for entry.
If bounces from uptrending support again, would add a little more to positions.
Quantum LeapIt looks like the scientists have learned how to make quantum leaps up the prices charts. Can anyone explain this growth in TA terms? I measured 750% in 20 days. This is certainly an interesting phenomena to observe but I like the simplicity of Newtonian physics and expect gravity to return this ship to earth before the wormhole is closed.
EMC2I think that there will be another strong breakthrough in connection with the upcoming events:
Einsteinium (EMC2) - Hard Fork (07.12.17)
Einsteinium (EMC2) - Coin Burn & Fork (09.12.17)
EMC2/BTC - Outlook for the next weekI think this might be a good time to buy some EMC2. My target is the 1.618 fib. extension from the previous pump (9036 sat.). If we break the support line (which is very close) things may look very different.
such fibonacci (also: I don't do this stuff often so I'm not responsible if you lose money when following this analysis)
EMC2 + 485.12% IN 8 DAYS AND THEIR POSSIBLE TARGETS
Everything is in the chart.
Any questions, it will be a pleasure to try to answer them.
Watchout for breakout, trade the breakout.HardFork scheduled for BITTREX:EMC2USD on Dec 7th, which would reduce the coins to half, means price would double.
Watchout for the breakout and trade it.
EMC2 Bull Pennant Descending Wedge : Possible Short/Long ZonesEMC2 I believe is in a consolidation zone after a crazy run up of over 300 percent last week. It looks to be creating a large rising bull pennant/descending wedge.
This should provide some very profitable swing trade opportunities.
Red line indicates possible shorting zones, and the purple indicates the tentative re-buy zone...assuming this is pennant and not a flag. Pay attention as
RSI and MACD should also coincide while approaching these areas.
Tentative completion of the formation is around 2 weeks, or December 14th...before the next major move up.
Looking for a Buy OpportunityPotential buy opportunity for EMC2/BTC as it returns to its original trend channel. Keep an eye out for this movement, and we should see nice gains if EMC2 can establish a change in trend. Could also see a nice triangle bull pattern.
Happy Trading!
Einsteinium EMC2 in strong support areaFirstly short definition of Ichimoku. This is perfect strategie for strong trending markets as Crypto markets. Its Trend Follower and buy signals are after breakout of the cloud (Kumo) or bounce of Kumo or Kijun (slower Ichimoku line).
Stop Loss i below last low (Im not opening any shorts on such stron bullish market - golden rule is - when you see stron bullish trend buy or do nothing. If you see stron bearish market - sell or do nothing).
Lots of emotions on Einsteinum. It has made 1000% from 0,06 USD on beginning of this month to 0,6USD. Yesterday correction has started and now its almost 50% of last up-wave so its support for price.
Next support is Kijun Ichimoku line and also some Price Action support. Price now getting back to bullish trend and if this 4-hour candle will close around this price it will be bullish Pin Bar so 3rd buy signal. Worth watching!
emc2 forecastAfter delaying the burn 2 times, they 'promissed' it will happen at Target HF Block: 1699157
Approximate HF date: 2017/12/7
www.emc2.foundation
$EMC2 ShortShort Trends are marked with arrow on the graph, since the HF is planned and we have 12 days before coin burn, keep the core and get profit.
Comments are welcome.
EMC2 LongEMC2 is making a A bullish continuation Pennant and I am expecting a breakout which will complete the 5th Elliot wave .
Beside that, the price sustained itself for a good time above the ichimoku cloud, the 0.5 Fib level (1430), and the 200 moving average which is a good bullish indication as I see it.
Unless Bitcoin does something Crazy (go to the moon) I think we are good to go.
A good buy range : 1450-1500
Stop loss below the Pennant: 1380-1400
A good Sell target is at the previous major resistance between: 2100-2200
Trade at your own risk and good luck.
EMC2/BTC - Time for a rebound to +75%? First target +15%EMC2,has developed a rising triangle with bullish bias shown on indicators/oscillators.
Wait for a solid break of the pattern before entering the trade.
At the moment the bullish momentum has stabilized and primed for a big move.
If broken downwards we have weak support at 0.00001419 and a stronger support at 0.00001163
Trade Safe.
EMC2/BTC to 2800+ Sats? I'm sure everyone already sees this looks like the start of the last 2 big spikes, just sharing what my plans are. The blue line is roughly where it had dipped down to before shooting up previously, and I'll have a stop loss around 1275-1300. The target brackets are around where I'll have my sell order at, then potentially buy back on dip to try for the next target. As far as buy in price, I guess as cheap as you can get it, somewhere in the bracket. I bought in around 1450. It is around 1495 currently.
Long Term Targets Now to around 12/7/17
Short Term Target 1, 1-4 Days.
EMC2BTC 60Buy at 1986 level and sell below Resistance 2 ( price target - 2217) or buy at 1743 level and wait to see if the price breaks Resistance 1 at 1950 level. BITTREX:EMC2BTC
EMC2 About to make a 50+% moveOnce it brakes resistance it will have a small fallback, that's your buying spot. then let's ride it up 50%
Fibo-based Burn-fueled uptrend on EMC2 after fork.
Based on last failed burn event, we antecipate a uptrend rally on the Einstenium Coin EMC2.
The reason for that is gonna be a 50% tokens burn on October 25th while it has a nice momentum due to the buy-off happening post BTCGold fork.
