EMC2BTC
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.
EMC2/BTC to 2800+ Sats? I'm sure everyone already sees this looks like the start of the last 2 big spikes, just sharing what my plans are. The blue line is roughly where it had dipped down to before shooting up previously, and I'll have a stop loss around 1275-1300. The target brackets are around where I'll have my sell order at, then potentially buy back on dip to try for the next target. As far as buy in price, I guess as cheap as you can get it, somewhere in the bracket. I bought in around 1450. It is around 1495 currently.
Long Term Targets Now to around 12/7/17
Short Term Target 1, 1-4 Days.
EMC2BTC updateEMC2BTC already break bullish confirmation, still not too late to follow bullish wave,
we can wait for small pullback at fibonacci retracement 1703 and aim for 3000 this weekend.
Estimated period 20 days max.
EMC2BTC 60Buy at 1986 level and sell below Resistance 2 ( price target - 2217) or buy at 1743 level and wait to see if the price breaks Resistance 1 at 1950 level. BITTREX:EMC2BTC
EMC2 to 3kMACD crosses upwards like the beginning of the rally between 1040-1900 sats.
Rested at dip.
CCI is likely MACD, is at the beginning of tha rally, start to buy.
Like 1hr chart it can be seen on 30m chart the similar pattern.
If we look at 1d chart we can see that we are at the beginning of a move like late september that emc2 rises from 800 sats to 3k.
Waiting for 7th december hard fork and coin burn event, emc2 seems to rise upwards.
EMC2 reading to rocket!Burn in december, btc correction and a nice breakout sounds like uptrend to me
EMC2 token burn and uptrend25th Oct hardfork of EMC2 will now happen on 7th Dec, but MACD and RSI show upcoming reversal.
I will watch EMC2 after 25th Oct as there could be fomo around the hardfork date and we'll see a similar rise as a few weeks ago.
My conservative trade will be like:
Buy 650-850 sat
Sell 1500 2500 3300 sat
If the market will not follow the indicatos this time, EMC2 is still a good hold coin before Christmas.
EMC2BTC Einsteinium. Tapering WedgeSo, generally what I see from daily chart that EMC2BTC price is bouncing in trading corridor and soon it will break it, if it breaks lower border it will fall, if upper it will rise, simple ! Gonna wait 2-3 more days and see what will happen. Buy or sell according to wedge breakout. Good Luck !
EMC2 Post pump, possible continuation. Last night's unexpected pump left EMC2 trading above 61.8 fib, continuation level;
Several probe wicks into 61.8 where rejected and eaten up.
I entered this trade just now, hoping for a continuation.
Chart appears to be at a volatile level, with Bollinger Bands tightening on the 30min time frame.
2hour chart shows all candles closing above red OBV chart; hence Bullish.
Yesterday's pump showed massive bullish wicks, and volume on bittrex is at 1700
OBV showing reduced selling/distribution.
I'm in and long; tell me if I'm wrong.
EMC2 SHORT FLIP5min charts show decent signs of a triple bottom reversal forming, and past few days overall trend looks good. Looking for a potential breakout here any minute
*Please note that trading on short term charts like this is extremely high variance and I recommend proceeding very carefully and to do your own research before making any type of investment.
reason to buy EMC2BTC1. PUMP EVERY MONTH
in april it rose 300%
in may it rose 200%
in june it rose 1366%
in july it rose 242%
in August it rose 112%
in Sept it rose 400%
What about in Oct? Moon?
Minimum target at 4200
2. this EMC2BTC hit support after they delay Oct.6 wormhole event. Dev.team need more time for that and continue to burns 55 million coins / Eliminates Wormhole in next 12 days
3. Blockchain Adria conference in Croatia in next 2 days
EMC2/BTC up trendA reverse hammer candle price action has also emerged on EMC2 h4, a short-term profit target of 0.00002208 (29.4%).
EMC2 wave 2 ideaEMC2 is going to start Eliot wave 2, confirmation of this will be movement from Fib-50% upwards then TP-2300\2800\3200
EMC2BTC - Elliot Wave + Fib Extensions Idea ContinuedOK, I am confident (75%) that wave 2 is complete at around 1750 sats - so referring back to previous analysis Wave 3 has extended to 2.271 FIB level, in this case 5500 satoshis. It is a big call.
Fundamentally:
1. The market reacted negatively to the postponement of the coin burn, BUT it is still happening
2. A number of events scheduled for October which could see some good things coming out
So yes, it is a big call for 5400 sats but I am in since 620 sats so my hand is strong and I plan to see this through.....
DYOR
EMC2BTC - Elliot Wave + Fib Extensions IdeaTaking a look back at previous Elliot Wave pattern of EMC2:
1. Wave 3 Extended to 2.272 Fib Extension Perfectly
2 Wave 5 Extended to 2.272 Fib Extension Perfectly
So If this latest impulse is a Wave 1 (not yet complete) it could give some excellent price targets based on historical price action.
I am very much new to this TA game so any feedback, constructive criticism is welcome!
