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.
Trade active:
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.
Trade active:
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.
Trade active:
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:
Position consolidated.