Long
EMC2 Long
EMC2 is making a A bullish continuation Pennant and I am expecting a breakout which will complete the 5th Elliot wave .
Beside that, the price sustained itself for a good time above the ichimoku cloud, the 0.5 Fib level (1430), and the 200 moving average which is a good bullish indication as I see it.
Unless Bitcoin does something Crazy (go to the moon) I think we are good to go.
A good buy range : 1450-1500
Stop loss below the Pennant: 1380-1400
A good Sell target is at the previous major resistance between: 2100-2200
Trade at your own risk and good luck.
Beside that, the price sustained itself for a good time above the ichimoku cloud, the 0.5 Fib level (1430), and the 200 moving average which is a good bullish indication as I see it.
Unless Bitcoin does something Crazy (go to the moon) I think we are good to go.
A good buy range : 1450-1500
Stop loss below the Pennant: 1380-1400
A good Sell target is at the previous major resistance between: 2100-2200
Trade at your own risk and good luck.
Trade closed: target reached
:D
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.