Bottom of a tenbagger - everything is possibleChart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 0.1781 USD
EMERALD
EEX BULL/BEAR- FORMED DAY DOJIEEX has formed a day doji which could mean that it is confirming its continuation of upward bull trend or it could be mean its preparing for a reversal. I think it is confirm continuation. Wanted to share it because there is some risk but great reward if traded properly.
ETC – demand on the horizon - 700% earnings possibleHi Guys!
We are back with bunch of good information regarding ETC.
As you already have heard Coinbase (digital currency exchange and wallet headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with fiat currencies in around 32 countries, and bitcoin transactions and storage in 190 countries worldwide) has expressed intention of supporting ETC.
They will start with so-called step4 which means seeing public APIs and other signs that asset is added. Once they finish integration and tests, they will announce officially in the next few months a launch date for trading on their platform.
So we can expect to have a greater interest on ETC thus volume rises and price will rise of course too.
Here is a bunch of other important events which will influence the price. This is going to be interesting year for ETC.
30.06 PoC of new StateDB layer & Emerald Mobile Wallet
31.07 Sidechains support in Emerald Project & Emerald SDK First Release
31.07 Radex will be the first decentralized exchange to be launched on ETC blockchain (delayed – was to be at the end of May 18)
31.08 JIT Compilation in SputnikVM
12.09 Second Annual Ethereum Classic Summit in Seoul
30.11 Fully IoT-compatible infrastructure of ETC(BIG THING)
It is going to be very interesting summer with a nice summary in Seul in September.
Looking back on the chart.
We observed finished Elliot Wave short-term pattern (1-5;A-C). New cycle expected.
When looking at the chart from the perspective we can see we have just started 3rd wave on the long-term Elliot Cycle.
On Weis Wave chart we can see that demand was growing. No supply yet. GOOD.
CMF indicator has just crossed 0 which is the sign of the price pression
MACD – strong positive long-term trend. VERY GOOD.
VWMA50 crossed
We are very low at Fibonacci Scale
Fibonacci Targets:
Target 1: 0.0032868
Target 2: 0.0044939
Target 3: 0.0054696
Target 4: 0.0064452
Target 5: 0.0078342
Target 6: 0.0096110
Target 7: 0.0147133 (new ATH)
Stop-loss: 0.0013355
So guys all we need is good news and volume. On the wave of good investment
atmosphere we should reach the stars. :)
Thank you for all your comments, likes and messages.
You opinion is highy appreciated.
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Huge hugs!
WBM Team
EMERALD HEALTH THERAPEUTICS INC TSXV:EMH - CORRECTION OVER?EMERALD HEALTH THERAPEUTICS INC TSXV:EMH - CORRECTION OVER?
According to my current count of this cycle we are finishing wave 5, third wave was the longest and 1 and 5 are very close. I'm currently looking at a ABC correction finishing, although it only reached .5 fib level according to this count. Could correct further to the $4 level. Holding out on buying more for now.
Disclaimer - Novice trader learning technical analysis, any advise is welcomed. Do not take this as financial advice. Thanks! Good luck.
