$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.
EMC2BTC
EMC2BTC viewMy support levels (blue) and resistance levels (red) are on the chart. Currently, EMC2BTC is moving towards the support at 0.00001800. Can it hold?
I have 2 views, 1) Hopefully Support @ 0.00001800 to hold
2) If not next support @0.00001275.
Disclaimer : I am not providing any calls, it is just my view. Take your risk, have a proper sl please.
EMC2/BTC. (Einsteinium)Now price is near "zone of influence" which consist of
S-support + 0.786 F lvl + Demand zone
Here price will solve further action:
- 1st opton: will see reversal formation from ZOI
- 2nd option: break out of S and further falling
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
EMC2BTCTechnical :
EMC2BTC hit support today, we can aim 90% profit target at 5063 with duration 13days maximum.
Fundamental :
this coin have many good news in this October,
1. Wormhole removal, in this event EMC2 will reduce supply by 55,075,320EMC2 (25%), they will update core, increased security and blockchain stability.
2. Einsteinium Foundation attending four major conferences in October 2017:
- THE RISE OF ICO (Oct 2nd,3rd - Linz, Austria)
- BLOCKCHAIN SOLUTIONS FORUM (Oct 3rd,5th - Barcelona , Spain)
- BLOCKCON (Oct 10th,11th - Santa Monica, California)
- BLOCKCHAIN ADRIA (Oct 14th - Rovinj, Croatia)
EMC2BTC DeviationEMC2BTC possible continuation of it's long-term uptrend.
So, generally my idea is that scary short-term traders lowered Einsteinium price and it may continue to go up based on latest news.
By applying Fibonacci Retracement to that graph, we observe that price went till 0.5 fib level, which is ordinar situation. In my opinion, EMC2BTC will continue it's medium-term trend and soon will reach new heights.
My suggestion for you is to buy EMC2BTC now and hold it till 01-10 October.
By looking to Williams R% indicator you will see that price didn't break bottom border, which is good signal to hodl .
EMC2BTC buy more at 0.00001751 A good area to get involved is around 0.00001751 area fib 61.8 and strong support plus upward trendline is all coming together in this area. Now to get more confirmation , we wait and see for patterns such as candlestick patterns and rsi divergence or oversold my help to your decision making.
Follow us on tradingview to get more crypto updates on undervalued coins before whales will about to pump. We have insiders report so we get access some good information from developers if some good is about to happen to a certain coin which makes us position first before the big players.
EMC2 Important levelsThere will be big update in next 10 days for this coin. I marked two GAP's on daily chart. Seems like one is respected by market and pushed down the pair lover. The lower one is not playing the big role for now. I will wait few more days and see what will happen. News looks promising so I expect that if pair will be traded above lower GAP it will create good support with potential to solid gains. I would see 200 Ema pushing pair higher before news
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
Cup & handle + Segwit on EMC2Potential cup & handle formation has appeared on EMC2/BTC with an inverse SHS.
Confirmation it's when price breaks 2450 zone.
We all know how speculative is a segwit event (ie. Viacoin, Litecoin, even Bitcoin).
einsteinium-foundation.squarespace.com
Note: Trade at your own risk, this is an especulation.
