EMC2BTC trade ideas
EMC2 Buy Opportunity In the past few days BITTREX:EMC2BTC was in a bearish run. Now RSI, Momentum and MACD shows strong reversal signs.
Entry levels are at 0.00005500 with stoploss at 0.00003430 and the shot term target is at 0.00006300. the long term target is at 0.00007300.
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EMC2 revival tour EMC2 , yeah, that one, sank to the 0.236 fib of it's large rally, and held it. Now we have a bullish cross of the moving averages and a succesful retest of the 4h 50 moving average.
First target is the 4h 200, then the 0.5 of the big move at 0.0001
And if we get above all of that?
0.00033 ; the 1.618 of the last big swing higher.
Good luck
Einsteinium (EMC2) / Bitcoin (BTC)!!! THIS IS NOT A BUY IMPULSE !!!
It is just my analysis on EMC2/BTC. If you consider to buy after your own research do it on your own risk.
My thoughts are that Einsteinium reached a bottom and it is an opportunity to raise by 250% and more.
Buy target: 5600 - 6500
Sell targets:
1. 8183
2. 9391
3. 10368
4. 11344
5. 14506
EMC2 back in game againLooks like EMC2 is regaining attention again. The big sell-off that started after they announced algorithm change instead of expected partnerships seems to fade out.
Technical analysis:
Price found support on EMA100 and now it has just bounced up and crossed EMA50. We can wait for additional confirmation from MACD but it is already curving up.
RSI is in perfect level - there is a lot of room to grow.
Buy level: 0.00007550
Stop Loss: 0.00007000
Profit Targets:
0. 0.00009371 - there is a strong support at this level, it can act as resistance, so if you don't feel safe/confident this can also be a first sell point.
1. 0.000133 - 76%
2. 0.000164 - 117%
3. 0.000200 - 297%
If you have any comments or opinions please let me know :) I really would appreciate feedback, cheers!