EMC2BTC trade ideas
ReloadingThis chart is textbook Elliot Wave. We have currently just finished wave 3 of a larger timeframe which also completed wave (v) of a shorter fractal wave. I am looking at a .38 retracement to complete a wave 4 which will then go on upward to wave 5.
Remember retracement waves such as 2 usually take an a b c... pattern down as seen in the chart for waves 1 to 2. And rememeber that impulse waves usually take an i - v path... as seen in my chart from wave 2 to 3.
So I expect an abc type wave to get us down to 4 and a i-v wave to get us up to 5. Remember money management and stop losses. TA is a probability game and who knows what will happen between now and the end of this trade.
what do you all think,
Peace
Close approach EMC2Buyer placed their order the the green zone , buyer think its a good price to buy above this lane and some had look to have their order filled.
We See two T pattern candles indicating strengthening position and consensus that this price is good buy zone. I forecast EMC2 going up to another leg to the next Fib lane.
EMC2BTCEMC2BTC in very good bullish run after hit support (member only previous analysis), congrats, coz that is lowest price for EMc2BTC this week.
After broke channel down EMC try to break up 0.382 fibonacci as bullish confirmation. If this level broke up, we have 2 new target :
1. fibonacci 1.272 at 0.00009167
2. ABCD fibonacci retracement pattern with 1.618 target at 0.00010725
If this coin drop, fibonacci 0.618 as buyback level. good luck
EMC Update after Done with 300%All Thanks to Allah i hope some people gained some profit as we see most of all coin grow up like old days
we was mentioned that at 10 NOV under analysis for BTC say Fake days Gone profit Days Come:)
now we here about talk about EMC2 as we see EMC2 confirm fast movement and double bottom pattern but what next and what bout now?
about now i don`t prefer to buy we already done with 300% at last analysis so if you work on it just scalp and open small frames and play safe yes EMC2 have more but expect to take some rest.
what next?
expect to pull back to 0.00004374/0.00003920 then get 0.00009175/0.00012893 as new summit.
this around new run another 200 %
capital management is recommended
we ask Allah reconcile and repay
Previous analysis