EMC2USD
EMC2 Bullish Breakout! Possible Moon to EMC3 with Announcement!!What's going on guys, adding another take on EMC2 with its recent bullish divergence. After the short BTC rally yesterday which drove altcoins down, EMC2 bottomed on the 8,200sats and very quickly bounced to 12,300sats. On this chart I'm displaying the bigger story on a 1Hr chart favouring the most supported trend lines for a confirmed breakout. On the SHORT it needs to break above the triangle up and hold on the 12,300sats target. If it can do that then we can expect something good before the major news to be announced. In most cases, a formation like this may lead to it going sideways for a while, but with all the hype in the community and Mind-Blowing news fast approaching this surely is on many peoples radars at the moment so I wouldn't be surprised if this jumps pass the resistance targets and moons again.
BUY the Rumour, SELL the News!
My Trade Idea:
BUY: Below 11,000sats
Target 1: 15,900sats
Target 2: 18,800sats.
SELL: 25% proportions as it could go further.
Stop loss: 9,900sats
PLEASE NOTE: Consider all trades with caution and only invest what you can afford to lose as cryptocurrency is highly unpredictable. Take profits and Invest in yourself. You can afford it, trust me. This is not Investment advice!
SOURCE:
www.emc2.foundation
twitter.com
BUY EMC2USD on a close above $2.3550 on the 15 minute chart!BUY EMC2USD on a close above $2.3550 on the 15 minute chart!
After the initial breakout of this coin, it has been consolidating for the past 13 days.
It looks as if it is ready to breakout again and this time, we are targeting Initially $2.53 and then, $2.88.
Momentum has turned positive again.
Stop loss at $2.03.
Happy Trading
Lindosskier
EMC2 getting ready for rally, considering 19th Dec NewsHello Everyone,
Here is the analysis on EMC2, it is getting ready for another rally. It was beaten heavily, and now hovering around the support.
The pattern we caught is Descending triangle pattern, yeah I agree chance of pattern success is 50%
But our plan is to buy on Low, so we can safe our capital with less loss in case if it goes otherwise.
Or Buy after break out.
Entry :
1) Buy on breakout : 12000
2) Buy on supports. : 8500
Target :
T1 : 14000
T2 : 19000
Sl
Below the Support , 7000, it is for very very safe side.
EMC2 Pattern Emerges - Re-Uploaded Chart - December 19 NewsDecember 19 will be a big date for EMC2 whether we get anticipated major news or not, because chart will show it. Recently we have been monitoring a huge potential for uptrend here. Even with Bitcoin -0.46% we have seen good stability is price when you look at dollar comparison.
EMC2 Channel BreakoutAscending Channel Breakout on EMC2 - Candlesticks closing on 30 min. chart, excellent time to jump in
EMC2 Get Ready! HARD FORK, COIN BURN & MIND-BLOWING ANNOUNCEMENTWhat's Going on Guys, I got an EMC2 update for you all:
If you were one of the lucky ones to get in November and held your EMC2 coins you certainly would be feeling that 10x High (actually 40x with your initial investment considering the BTC rise). EMC2 showed a very strong upward trend during all the volatility recently and I believe it has serious potential to rally toward the previous target of 22,500sats. Taking a look at the chart we can see that after reaching ATH the dumps were picked up very quickly on the support lines I've marked in bright green. This to me signals a correction to the previous trend line which sat around the 0.618 Fib.
My Trade Idea:
BUY: Now or at 13,000sats
Target 1: 16,300sats
Target 2: 18,100sats.
Target 3: On your own!
SELL: 25% proportions as it could go further.
Stop loss: 11500 sats.
IMO this is a pretty good hype considering the potentiality of the news on Dec 17th and also that the history has shown EMC2 continues to beat expectations. Should there be some unexpectations in the market then it may drop around the 12,000sats.
FIRST CHART here so please do share your thoughts below, and I will be happy to reply! My aim is to post SHORT charts that have huge potential ahead while keeping the analysis simple and direct. Don't forget to Like and consider a Follow :)
PLEASE NOTE: Consider all trades with caution and only invest what you can afford to lose as cryptocurrency is highly unpredictable. Take profits and Invest in yourself. You can afford it, trust me. This is not Investment advice!
SOURCE:
www.emc2.foundation
coinmarketcal.com
twitter.com
Namaste!
emc2btc stacked till next Week arround 0.0001Seems EMC2 stacked around 10000 Satoshi and if "mind blowing news" would be a flop it would crush.
EMC2 Small Wave Before MoonEMC2 has been downed for some time for last week due to Bitcoin instability. That downtrend is over now and we are looking at 80% temporary rise before we will see a higher jump this month.
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.
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 :)
Flag Pole pattern on EMC2, 100% Target ?BITTREX:EMC2USD is consolidating after the big run and forming Flag pole
Target is 100% on the breakout.
Previous Analysis :
More on Flag Pole :
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Sharp Move: To be considered a continuation pattern, there should be evidence of a prior trend. Flags and pennants require evidence of a sharp advance or decline on heavy volume. These moves usually occur on heavy volume and can contain gaps. This move usually represents the first leg of a significant advance or decline and the flag/pennant is merely a pause.
Flagpole: The flagpole is the distance from the first resistance or support break to the high or low of the flag/pennant. The sharp advance (or decline) that forms the flagpole should break a trend line or resistance/support level. A line extending up from this break to the high of the flag/pennant forms the flagpole.
Flag: A flag is a small rectangle pattern that slopes against the previous trend. If the previous move was up, then the flag would slope down. If the move was down, then the flag would slope up. Because flags are usually too short in duration to actually have reaction highs and reaction lows, the price action just needs to be contained within two parallel trend lines.
Pennant: A pennant is a small symmetrical triangle that begins wide and converges as the pattern matures (like a cone). The slope is usually neutral. Sometimes there will not be specific reaction highs and lows from which to draw the trend lines and the price action should just be contained within the converging trend lines.
Break: For a bullish flag or pennant, a break above resistance signals that the previous advance has resumed. For a bearish flag or pennant, a break below support signals that the previous decline has resumed.
Volume: Volume should be heavy during the advance or decline that forms the flagpole. Heavy volume provides legitimacy for the sudden and sharp move that creates the flagpole. An expansion of volume on the resistance (support) break lends credence to the validity of the formation and the likelihood of continuation.
Targets: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline.
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.
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.
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!
