TradingView
Nirvana7
Nov 18, 2017 11:12 PM

EMC2 Long Long

Description

EMC2 is making a A bullish continuation Pennant and I am expecting a breakout which will complete the 5th Elliot wave .
Beside that, the price sustained itself for a good time above the ichimoku cloud, the 0.5 Fib level (1430), and the 200 moving average which is a good bullish indication as I see it.
Unless Bitcoin does something Crazy (go to the moon) I think we are good to go.

A good buy range : 1450-1500
Stop loss below the Pennant: 1380-1400
A good Sell target is at the previous major resistance between: 2100-2200

Trade at your own risk and good luck.

Trade closed: target reached

:D
Comments
tempy79
I hope the wave 5 will be longer :D
Nirvana7
@tempy79,
Yeah that seems likely, it could go all the way up to the 2700-2800 range :D
tempy79
@Nirvana7, I suppose at the end of november.
More