Ravi2307

EMC2BTC

After a strong bullish run, EMC found resistance. The bearish move from A to B found support and the retracement from B to C passed fib level 0.618 confirming a possible ABCD pattern at play. The expectation is that before the hardfork on Dec 11th, the CD leg touch the 1.272 fib level thereby presenting a possible buy opportunity. Lets see if this moons once more :)
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.