$EMC2 breakout from Descending Triangle. Takeoff ready,w/Targets
Updated
Seems like so many alts are ready to takeoff today, another one that I've been watching for a while now, EMC2 has just broken out of a descending triangle, it was only a matter of time, it also has some announcements coming this month. I've highlighted the major resistance points, and I'd suggest taking profits in the first 4 Fib zones, remember, before selling always be sure to consult the RSI and Volume to see if it's time to sell, obviously if it's overbought, you sell. This coin was very oversold recently, hence the imminent breakout. This is another one that should do pretty well when altseason comes around, that is when Bitcoin gets it sh*t together. Until then, hodl tight, folks.
Trade active
As predicted, it reached first resistance, and experienced some pullback. But, it seems to be holding, if you want a quick short-term trade, I'd suggest taking profit, otherwise, HODL on. This could be one big trade if it passes through these short-term resistances.
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