EMCBTC
[EMCBTC] EmerCoin LONG [840% PP]EmerCoin is producing good volume. It will have the biggest volume on the weekly chart since January with the exception of April when it hit its all time high on Bittrex.
EMCBTC Targets:
(1) 0.000289
(2) 0.000363
(3) 0.000437
(4) 0.000543
(5) 0.000677
(6) 0.000917
(7) 0.001067
(8) 0.001900 (All time high)
Next support:
(1) 0.000197
(2) 0.000142
(3) 0.000097
Buy in: Break above 0.000215.
Signals & indicators weekly TF:
- Volume building up.
- Strong bounce on the RSI.
- STOCH coming out of oversold.
Daily time frame:
- Bullish hammer candle.
- New TD count.
- Strong bounce RSI oversold.
- Bullish STOCH.
- Huge green volume.
Note:
- It is your own risk when you trade.
Thanks a lot for reading.
Thanks for the support.
Namaste.
EmerCoin VS Bitcoin IndecisionSince 2nd of July, when EmerCoin has reached strong psychological resistance at 50k satoshis high, price has been correcting down. It has reached 78.6% Fibonacci retracement level at 40k satoshis, but up until now failed to close below.
The current spike down, shows that price has bounced off the 88.6% Fibs as well as 200 Moving Average. Therefore, as the price stays above 38.6k satoshis, the uptrend is likely to continue. However, break and close above 43.6k satoshis resistance is required in order to confirm the uptrend.
But on the other hand if EMC/BTC will close below 38.6k satoshis support, further correction down could take place. Price would probably drop towards one of the next Fibonacci support levels. Either 36k, 32k or even down to previous low at 27k satoshis.
EmerCoin VS BitCoin Uptrend ConfirmationToday EmerCoin has tested the low at 35k satoshis where it has rejected the 3/1 Gann Fan trendline. At the same time the 61.8% Fibonacci retracement level has been rejected, and although the EMC/BTC went below it, the closing price stayed above 35970 satoshis Fib support.
Nevertheless, the resistance has been formed at 40k satoshis, that is 38.2% Fibonacci retracement level, where 200 Moving Average was rejected multiple times.
The support and resistance levels are formed and break above or below is required for EMC/BTC to establish further direction. Currently the consolidation could be the case, that will take a number of days.
But it is important to watch for the breakout, either above resistance or below support. Break below the support should result in a continuation of the downtrend, potentially sending price down to 27k satoshis area. And the break above the 40k psychological resistance might be the long waited confirmation of the uptrend.
EMERCOIN LongEMA cross above 200day EMA on $EMC
Time to go long on EMERCOIN after a successful bounce on 12 / 26 day EMA.
$EMC - Emercoin Daily Chart BittrexI have hopes for Emercoin and we saw a positive breakout back into the bull area, but alas we broke the trend line and the channel only to find resistance against the 200 period moving average. Until this happens, I do not see a valid entry here though I continue to bide my time. Volume again is too low for there to be a break though that can always change. There is a MACD cross but momentum again is very low. I will continue to keep my eyes on this coin and see where we retrace to from this drop. If volume does increase we need to see a close above the 200 period moving average to consider a trade. I continue to wait.
$EMC - Emercoin Daily Chartn A third coin in my long term investment review we have Emercoin. The weekly charts have been bullish for this coin hence why it is on my radar for a longer term accumulation of the token, though as with many coins over the past week or two, we are still in a heavy bearish price correction. Volume overall on the coin has been very low so there has not been much trading done over the last week or so, but there has been some movement on the coin, right now in a heavy bearish trend. There was a possible trend change on the 24th where we bounced from an oversold are but it quickly turned bear once more. the AC oscillator has been silent showing a bunch of false tend change signals and where heading back to an oversold area once more. I hope for a bounce at the last line of support around 31477 SATS. If support holds hear I want to see a break of the current channel to consider an entry. This break has to be solid with a candle close outside of the channel itself.
EMERCOIN POSSIBLE 50 % + PROFIT ? Hello guys today I prepared another TA. This time I have found one coin which is not very good know but for traders doesnt matter because we trade everything at least for short term.
Coin is EMERCOIN and as you can see there is possible cup and handle formation but it is still in the middle of formation so be carefull with this trade and invest just little bit of you trading investment.
EMERCOIN found bottom around 30k sats and now is struglling to break area 40-43k sats.
This coin may take some time before its going to jump but just be aware.
Look for buy after break out around 43-45k sats or bellow that with tight stop loss.
You can sell your targets after 20 , 40 and 60% profit, but for short term traders look for first target.
Good luck
EMC - BUY STOP TARGET - BITTREXThis has been very volitile.
Bright green safe buy and lower
Yellow risky buy
Red stop loss 0.00028
Dark and pale greens targets
This is not financial advise, just ideas.
EMC/BTCWe see the continuation of the upward movement.
If there is a confirmation (break out consolidation) we will get a good entry point.
EMC/BTC LONGwww.tradingview.com
apparently the figure "cup and handle" is waiting for the continuation of the trend + the good news that came out recently on EMC will push the price to the top.
EMCBTC - bullish momentum and possible targetsEMC is currently in an uptrend.
Recent news around its new web wallet are driving the hype.
Let's set some targets and ride this bull for a while.
Emercoin on huge potential, opportunity for 6xBITTREX:EMCBTC requested by one of my friend.
Coin price is in a range, well that is good, we have to enter at the bottom to gain it fully.
My recommendation is buy and buy on dips for 6x target. Buy at 9000.
Will post the targets in some time.
Closer picture
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