All aboardHeading north again here. This puppy is primed and ready to roll.
MACD swinging, STOCH RSI heading north, accumulation rising. Cash inflow should far exceed inflow for a good burst.
Einsteinium
EMC2/BTCEMC2 is looking strong and might not retrace any further (as I expected in my previous idea). If it breaks the current channel upwards, the target is in between 12000 and 13000 Satoshi.
Yes I know, the chart is a mess. I made it for myself and decided to share it.
Previous:
EMC2/BTC - Outlook for DecemberEMC2 hit our previous target. Buyback at either ~6700, 6200 or 5600 Satoshi. Next target around 12000 Satoshi.
Previous analysis:
EMC2 Bull Pennant Descending Wedge : Possible Short/Long ZonesEMC2 I believe is in a consolidation zone after a crazy run up of over 300 percent last week. It looks to be creating a large rising bull pennant/descending wedge.
This should provide some very profitable swing trade opportunities.
Red line indicates possible shorting zones, and the purple indicates the tentative re-buy zone...assuming this is pennant and not a flag. Pay attention as
RSI and MACD should also coincide while approaching these areas.
Tentative completion of the formation is around 2 weeks, or December 14th...before the next major move up.
Einsteinium EMC2 in strong support areaFirstly short definition of Ichimoku. This is perfect strategie for strong trending markets as Crypto markets. Its Trend Follower and buy signals are after breakout of the cloud (Kumo) or bounce of Kumo or Kijun (slower Ichimoku line).
Stop Loss i below last low (Im not opening any shorts on such stron bullish market - golden rule is - when you see stron bullish trend buy or do nothing. If you see stron bearish market - sell or do nothing).
Lots of emotions on Einsteinum. It has made 1000% from 0,06 USD on beginning of this month to 0,6USD. Yesterday correction has started and now its almost 50% of last up-wave so its support for price.
Next support is Kijun Ichimoku line and also some Price Action support. Price now getting back to bullish trend and if this 4-hour candle will close around this price it will be bullish Pin Bar so 3rd buy signal. Worth watching!
$EMC2 ShortShort Trends are marked with arrow on the graph, since the HF is planned and we have 12 days before coin burn, keep the core and get profit.
Comments are welcome.
EMC2/BTC - Time for a rebound to +75%? First target +15%EMC2,has developed a rising triangle with bullish bias shown on indicators/oscillators.
Wait for a solid break of the pattern before entering the trade.
At the moment the bullish momentum has stabilized and primed for a big move.
If broken downwards we have weak support at 0.00001419 and a stronger support at 0.00001163
Trade Safe.
*LONG* EMC2 Einsteinium Bullish c&h Formation We are currently in a strong uptrend in a reversal pattern from a bounce off the long-term support line.
Movement is mimicking the last bullish move up to the 0.00003396, which I think shall repeat.
Strong cup and handle is forming. Pending orders will want to be placed at a break of the neckline at 0.00001886. Stop Loss at 0.00001700.
We have strong bullish confirmations holding above the 100ema and ichimoku on the 3 and 4hr charts.
First profit target at 0.00002481 (0.5 fib retracement) Risk reward ratio of over 3:1.
Should experience some resistance at the hidden long-term trend line (noted in yellow).
Break above that should take us to our second profit target of 0.00003396.
Good luck!
$EMC2 mid term strategyPlease follow me on twitter if you want more charts and insights: twitter.com/taproofficial
Disclaimer: My posts are just personal thoughts and not advises. I dont suggest you to do or not do anything. Do your own research. Trade responsible.
EMC2/BTC as genius as Einstein Himself?BITTREX:EMC2BTC
Skyscrapers like Dubai, no taxes and red tape like the UK. If you build it they will come. That is exactly what it looks like, and so will $DBIX and Dubai Gold when they hit Bittrex. Prpare for the future and get the coin on Nova:)(Maybe I should take my own advice)
Anyway, I can't call it, but my profits are good. It's simply one of those could've would've should've things. Bought and sold more times than the ICO's from June I don't know what to say except hold?
Leave a comment if you really know what is up with this company, not some generic answer like the Devs are cooking up some crack (from their #Slack) in the kitchen. Great company, but come on, this is getting as crazy as Einstein Himself.
Genius or BI-Polar? Time will tell.
-Rett Sloat
-RSS-Legacy
-Wolfy
EMC2 good uptrend Wave.EMC2/BTC BITTREX:EMC2BTC
The moving averages 7 blue and 21 red passed the 77 yellow and then the 243 in white(Both Circled in Green). This means that it should have a good upward trend Fibonacci stepping up or making waves. Until the 77 catches up with the 7 and the 21 moving average than we are good to go.... I think.
Will update if needed.
-Rett Sloat
Twiiter @theWolfofCrypt0
RSS-Legacy
EMC2 is looking good to surf uptrend.EMC2/BTC Bittrex
In the green rectangle, we see the moving averages 7 and 21 cross the 77 and 243 in an upward trend.
It has passed the 77 and the 234 moving averages which means you can ride the 7 and the 21 moving averages for a bit.
Time will tell.
-Rett Sloat
@theWOLFofCrypt0