After delaying the burn 2 times, they 'promissed' it will happen at Target HF Block: 1699157 Approximate HF date: 2017/12/7 www.emc2.foundation
Short Trends are marked with arrow on the graph, since the HF is planned and we have 12 days before coin burn, keep the core and get profit. Comments are welcome.
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...
EMC2,has developed a rising triangle with bullish bias shown on indicators/oscillators. Wait for a solid break of the pattern before entering the trade. At the moment the bullish momentum has stabilized and primed for a big move. If broken downwards we have weak support at 0.00001419 and a stronger support at 0.00001163 Trade Safe.
I'm sure everyone already sees this looks like the start of the last 2 big spikes, just sharing what my plans are. The blue line is roughly where it had dipped down to before shooting up previously, and I'll have a stop loss around 1275-1300. The target brackets are around where I'll have my sell order at, then potentially buy back on dip to try for the next...
Buy at 1986 level and sell below Resistance 2 ( price target - 2217) or buy at 1743 level and wait to see if the price breaks Resistance 1 at 1950 level. BITTREX:EMC2BTC
Once it brakes resistance it will have a small fallback, that's your buying spot. then let's ride it up 50%
Based on last failed burn event, we antecipate a uptrend rally on the Einstenium Coin EMC2. The reason for that is gonna be a 50% tokens burn on October 25th while it has a nice momentum due to the buy-off happening post BTCGold fork.
We are currently in a strong uptrend in a reversal pattern from a bounce off the long-term support line. Movement is mimicking the last bullish move up to the 0.00003396, which I think shall repeat. Strong cup and handle is forming. Pending orders will want to be placed at a break of the neckline at 0.00001886. Stop Loss at 0.00001700. We have strong bullish...
MACD crosses upwards like the beginning of the rally between 1040-1900 sats. Rested at dip. CCI is likely MACD, is at the beginning of tha rally, start to buy. Like 1hr chart it can be seen on 30m chart the similar pattern. If we look at 1d chart we can see that we are at the beginning of a move like late september that emc2 rises from 800 sats to 3k. Waiting...
Burn in december, btc correction and a nice breakout sounds like uptrend to me
25th Oct hardfork of EMC2 will now happen on 7th Dec, but MACD and RSI show upcoming reversal. I will watch EMC2 after 25th Oct as there could be fomo around the hardfork date and we'll see a similar rise as a few weeks ago. My conservative trade will be like: Buy 650-850 sat Sell 1500 2500 3300 sat If the market will not follow the indicatos this time, EMC2 is...
1) Epoch 25 and history of monthly pumps. 2) BTC is in full bull mode but EMC2 is surviving, it will also catch up with other ALTS. 3) DeMark TA is showing a 5 count on the upside so this means possibly up to 3-4 weeks of bullish count ahead. The value is above 0.7 for some weeks now.