Coinburn
Still bullish with RSI on daily chart... Maybe the hardest coin to anticipate, but we could see another bounce to 0.013.
There was a beautiful support on the 70 of RSI. So it could stay bullish for the next days.
But even if the bullrun was strong we should stay prudent and wait for a possible double top or divergence near the ATH.
By the way, Fibonacci still giving nice signals, with a support on 4h chart around 0.00921$.
But don't forget, if the devs are burning more coins, it could go higher !
Let's see the evolution !
NPXS breaking out of the ascending channel a bullish move NPXS (PundiX) is currently breaking out of this ascending channel which is a bullish move. News is coming out of a possible coin burn or reduction in circulating supply from 258 billion to 250 million. You can find this on their Twitter feed.
twitter.com
AMP may see a big pump due to coin burnAMP has been in a accumulation period for a while now. I expect AMP to pump due to coin burn which will take place at the end of this month. We may see 7500-8000 levels. Depending on the buy support we may even see 10000-11000 levels.
This is a great coin for long term as well. If you are okay with buying and holding AMP for more than 6 months you can make decent amount of profit.
This is not a trading advice and I am not responsible for any losses that may occur from following this idea.Always DYOR.
EMC2 Get Ready! HARD FORK, COIN BURN & MIND-BLOWING ANNOUNCEMENTWhat's Going on Guys, I got an EMC2 update for you all:
If you were one of the lucky ones to get in November and held your EMC2 coins you certainly would be feeling that 10x High (actually 40x with your initial investment considering the BTC rise). EMC2 showed a very strong upward trend during all the volatility recently and I believe it has serious potential to rally toward the previous target of 22,500sats. Taking a look at the chart we can see that after reaching ATH the dumps were picked up very quickly on the support lines I've marked in bright green. This to me signals a correction to the previous trend line which sat around the 0.618 Fib.
My Trade Idea:
BUY: Now or at 13,000sats
Target 1: 16,300sats
Target 2: 18,100sats.
Target 3: On your own!
SELL: 25% proportions as it could go further.
Stop loss: 11500 sats.
IMO this is a pretty good hype considering the potentiality of the news on Dec 17th and also that the history has shown EMC2 continues to beat expectations. Should there be some unexpectations in the market then it may drop around the 12,000sats.
FIRST CHART here so please do share your thoughts below, and I will be happy to reply! My aim is to post SHORT charts that have huge potential ahead while keeping the analysis simple and direct. Don't forget to Like and consider a Follow :)
PLEASE NOTE: Consider all trades with caution and only invest what you can afford to lose as cryptocurrency is highly unpredictable. Take profits and Invest in yourself. You can afford it, trust me. This is not Investment advice!
SOURCE:
www.emc2.foundation
coinmarketcal.com
twitter.com
Namaste!
EMC2 New Trade (100% Potential)New buy set up available for EMC2.
Open trade: 0.000093
Stop: 0.000075
Target:
(1) 0.00012
(2) 0.00018
Trade carefully.
Invest only what you can afford to lose.
And remember, YOU DESERVE THE BEST!
EMC2 hardfork + coinburn EMC2 has been going wild in the past few days. Very strong movements.
Buy range = 0.000057 - 0.000069
Target = 0.00010 - 0.00012
If you want to go long, target = 0.00022
- Hardfork around 10th December (sell before that).
- Coin burn after the fork.
EMC2BTC - potential home run!Bullish setup in place. Multiple Fib and MA supports in the 0.00025 and 0.00026 range.
Target should be 0.00038 and eventually 0.000460
Stoploss at 0.00024
Product news - Coin burn on 6th October can be another trigger