EMC2BTC trade ideas
EMC2BTCEinstenium success to breakout triangle pattern, but failed to break resistance at 2268.
Right now, we have to wait at support level at 1096 to buy this coin.
We have 2 target for this setup :
117% profit projection at 2268
345% profit projection at 4572
Previous analysis (one of my best analysis):
EMC2 bullish breakout confirmedEMC2 has broken out of it's descending wedge. Notice the 50 day will soon be crossing the 100 day and 200 day moving averages, a bullish sign. I expect accumulation followed by large upward price movement.
EMC2/BTCEmc2 is at bottom expecting nice bounce from here Beta launch on 31st jan 2019 easily 50%-150% profit
Get ready for a surpriseEMC2 appears ready to explode over the coming days. Bottoming red candles have now found support (indicated on three occasions), increased volume is evident, whilst history appears to be repeating itself.
EMC2 Breakout Confirmed... A low point to start accumulating Price has broken out of consolidation and looks like it is VERY bullish.
1. MACD strong
2. Above 50EMA
3. Increase in Volume
Lets see how this pans out.
I will take profits in 25% increments
Stop loss 3%
Look the EMC2 Pump, guyEMC2 in bull div OBV, RSI. Break ichimoku cloud. If symmetrical triangle break up, my target in chart. Put your stop order if break down. See ya.
EMC Breakout ConfirmedEMC2 has broken out of a period of consolidation.
I am long with a tight stop of 3%
Potential quick trade here of 70 - 100%
1000% + long term if BTC picks up momentum this week. Will be scaling in at orange lines.
Just my 2 cents
EMC2/BTCUpcoming Hard Forks
EMC2 is going through two hard forks:
First - release of a major security upgrade implementing Komodo’s dPoW Security System.
Second - release of a new GPU mineable coin.
EMC2 Ready to fly
EMC2 BTCEMC2 is inside the down channel and has hit the classic support/resistance zone at 1530. If it does not hold, will likely retest the next support at 1080 with projection to 0.00003050
EMC2 Hit entry zoneEMC2 Hit entry zone in my opinion.
My charts are my own opinion and only intended for research purposes.
THIS IS NOT FINANCIAL OR TRADING ADVICE.
Always watch BTC when trading as this can greatly affect the outcome of a trade.
Always us a STOPLOSS!
TRADE SAFE!
Enjoy !
EMC2BTCEMC2 is near the zone of accumulation and is ready to take off to the moon. On the chart, we see the completion of a large triangle with a possible exit upward. Stop Loss below the Accumulation Zone
EMC2BTC 37% + 154% +EMC2BTC 37% + 154% +
We have a local equilateral triangle inside a large triangle. If he breaks through, his strength may be enough to go beyond the large triangle and this will be a good signal for a big move up.
If it is knocked down, then we will have a good opportunity to purchase at the support line.
Enter the trade according to your trading plan and always consider the risks.
In time, take profits and get pleasure from trading.
All good luck and good trade.
EMC2:BTC Trade - 1:10 Risk Reward RatioEntry at breakout of small descending triangle and taking first profit at the upper line of bigger ascending triangle and then ride to the end or green bar upside. RSI bounced from 35 level.
Very good 1:10 risk to reward in medium term .
Keep an eye or set alarm for breakout and trade entry. Use trailing stop loss to minimize risk and trailing take profit to maximize profit.
Disclaimer : This is not a buy advice. Use your own due diligence before risking money. Trading concurrency involves significant risk. If you are new in trading, first do demo or paper trading.
Catch EMC2 at these pricesIf Einsteinium is following Elliot wave pattern, it may retrace and find support among either 3290 or further down to 3140 before it shoots up for a fifth wave. I'll be putting a stop around 2800.
The "Pro" title in my name means nothing. DYOR.
EMC2 50% gainEMC2 is ready to move up its 5th wave after retesting 200 EMA on 4H. Target is .0000544 which not only fits elliot wave fib formation but is also the Point of Control in the volume profile. I expect it to hit the target within 3 days
