EMC2/BTC Ready for a bullish break out on the day after above par performance and volatility flirting with extreme highs/lows. EMC2 showing strong support at 10,000 SATs and weak resistance at 11,500 SATs . A sustained bullish breakout is to be expected. strong buy points at 10,500 SATs as of 2:07AM eastern time and in time for the daytrade session.
Momentum continues to test weak resistance at 11,500 SATs, bullish trend expected to continue, no strong but points detected as of 2:50AM eastern time.
Resistance continues to hold at 11,500 SATs, strong sell points detected at 11,160 SATs. Trend reversal is to be expected as of 3:24AM eastern time.
Trend reversal detected, strong buy points detected at 10,500 SATs. New strong support remains at 10,200 SATs as of 4:00AM eastern time. weak resistance at 11,000 SATs.
Trade closed: target reached: