EMC2BTC trade ideas
EMC2BTC (4H)respecting the stop loss
elliot wave +gan fann + trend lines
Take profit in a strong resistence
Descending triangleDescending triangle has performed and it has the same target as head and shoulders pattern at 1405.
Head and shoulders patternHead and shoulders pattern has performed, we can see support at 0.00001593. If bullish can not hold bearish movements, next support at 0.00001405 as head and shoulders pattern target prediction.
target at 0.00002191 aiming 57.53% profit.
This is my first analysis, I a still learning so use your stop lose.
EMC2 SHORT FLIP5min charts show decent signs of a triple bottom reversal forming, and past few days overall trend looks good. Looking for a potential breakout here any minute
*Please note that trading on short term charts like this is extremely high variance and I recommend proceeding very carefully and to do your own research before making any type of investment.
reason to buy EMC2BTC1. PUMP EVERY MONTH
in april it rose 300%
in may it rose 200%
in june it rose 1366%
in july it rose 242%
in August it rose 112%
in Sept it rose 400%
What about in Oct? Moon?
Minimum target at 4200
2. this EMC2BTC hit support after they delay Oct.6 wormhole event. Dev.team need more time for that and continue to burns 55 million coins / Eliminates Wormhole in next 12 days
3. Blockchain Adria conference in Croatia in next 2 days
EMC2EMC2 volume is increasing and also cross 50 day moving average but confirmation need to break resistance then next will reach the target.
EMC2/BTC up trendA reverse hammer candle price action has also emerged on EMC2 h4, a short-term profit target of 0.00002208 (29.4%).
EMC2 , do not buy yetSo EMC2 RSI is overbought on the 1h and oversold on the 4h , i'd say it's on a downtrend and it has room to go even lower than this.
I drew some support lines from where it might bounce , but i would wait for a confirmation on breaking the downtrend first :) Anyway , have fun
EMC2/BTC. (Einsteinium)Now price is near "zone of influence" which consist of
S-support + 0.786 F lvl + Demand zone
Here price will solve further action:
- 1st opton: will see reversal formation from ZOI
- 2nd option: break out of S and further falling
$EMC2 next targetEntry 2700 sats. Short term targets are 3100 and 3400 sats. If failed, see support/stop-loss zone on chart.
EMC2BTCTechnical :
EMC2BTC hit support today, we can aim 90% profit target at 5063 with duration 13days maximum.
Fundamental :
this coin have many good news in this October,
1. Wormhole removal, in this event EMC2 will reduce supply by 55,075,320EMC2 (25%), they will update core, increased security and blockchain stability.
2. Einsteinium Foundation attending four major conferences in October 2017:
- THE RISE OF ICO (Oct 2nd,3rd - Linz, Austria)
- BLOCKCHAIN SOLUTIONS FORUM (Oct 3rd,5th - Barcelona , Spain)
- BLOCKCON (Oct 10th,11th - Santa Monica, California)
- BLOCKCHAIN ADRIA (Oct 14th - Rovinj, Croatia)
EMC2 updateDon't panic when there's a small crash. It went down exactly on the uptrend line to shake out the weak hands and bought the dip.
Now back to 300ish and ready to pump
EMC2 is about to breakoutIts been on retracement for 3 days now and 4H StochRSI bottomed out.
Triangle is about to break and tomorrow is Monday, volume is always higher on mondays.
CoinBurn is on October 6th so there is still a way to go.
Pennant with 38% and 58% targetsHi all,
This is my second Idea, any feedback is welcome:
I think there is a pennant consolidating on 1 hour chart after a big bullrun. Price is floating around fib retracement (3175 Satoshi) right now and looking to breach paattern.
If breakout confirms with volume, first target would be around 4330 Satoshi at 0.618 fibunacci projection.
Although the flag and 1.0 fib projection is at 5100 Satoshi, I'd set T2 little beneath psychological barrier of 5000 Satoshi.
Stop loss if it breaches 0.5 FIb retracement, around 2894 Satoshi.
Looking forward to your opinions!
EMC2BTC DeviationEMC2BTC possible continuation of it's long-term uptrend.
So, generally my idea is that scary short-term traders lowered Einsteinium price and it may continue to go up based on latest news.
By applying Fibonacci Retracement to that graph, we observe that price went till 0.5 fib level, which is ordinar situation. In my opinion, EMC2BTC will continue it's medium-term trend and soon will reach new heights.
My suggestion for you is to buy EMC2BTC now and hold it till 01-10 October.
By looking to Williams R% indicator you will see that price didn't break bottom border, which is good signal to hodl .
EMC2 will 300%There a big catalyst around it if you look at TRIG.
Its pretty much the same announcement.
EMC2Big bullish rally at EMC2 hit 50% profit target at our previous analysis.
Prepare new buy around 2268 to aim new 85% profit target at 4085
Good luck
