Last night's unexpected pump left EMC2 trading above 61.8 fib, continuation level; Several probe wicks into 61.8 where rejected and eaten up. I entered this trade just now, hoping for a continuation. Chart appears to be at a volatile level, with Bollinger Bands tightening on the 30min time frame. 2hour chart shows all candles closing above red OBV chart; hence...
5min charts show decent signs of a triple bottom reversal forming, and past few days overall trend looks good. Looking for a potential breakout here any minute *Please note that trading on short term charts like this is extremely high variance and I recommend proceeding very carefully and to do your own research before making any type of investment.
1. PUMP EVERY MONTH in april it rose 300% in may it rose 200% in june it rose 1366% in july it rose 242% in August it rose 112% in Sept it rose 400% What about in Oct? Moon? Minimum target at 4200 2. this EMC2BTC hit support after they delay Oct.6 wormhole event. Dev.team need more time for that and continue to burns 55 million coins / Eliminates Wormhole in next...
A reverse hammer candle price action has also emerged on EMC2 h4, a short-term profit target of 0.00002208 (29.4%).
EMC2 is going to start Eliot wave 2, confirmation of this will be movement from Fib-50% upwards then TP-2300\2800\3200
OK, I am confident (75%) that wave 2 is complete at around 1750 sats - so referring back to previous analysis Wave 3 has extended to 2.271 FIB level, in this case 5500 satoshis. It is a big call. Fundamentally: 1. The market reacted negatively to the postponement of the coin burn, BUT it is still happening 2. A number of events scheduled for October which could...
Taking a look back at previous Elliot Wave pattern of EMC2: 1. Wave 3 Extended to 2.272 Fib Extension Perfectly 2 Wave 5 Extended to 2.272 Fib Extension Perfectly So If this latest impulse is a Wave 1 (not yet complete) it could give some excellent price targets based on historical price action. I am very much new to this TA game so any feedback, constructive...
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My support levels (blue) and resistance levels (red) are on the chart. Currently, EMC2BTC is moving towards the support at 0.00001800. Can it hold? I have 2 views, 1) Hopefully Support @ 0.00001800 to hold 2) If not next support @0.00001275. Disclaimer : I am not providing any calls, it is just my view. Take your risk, have a proper...
Now price is near "zone of influence" which consist of S-support + 0.786 F lvl + Demand zone Here price will solve further action: - 1st opton: will see reversal formation from ZOI - 2nd option: break out of S and further falling
Bullish setup in place. Multiple Fib and MA supports in the 0.00025 and 0.00026 range. Target should be 0.00038 and eventually 0.000460 Stoploss at 0.00024 Product news - Coin burn on 6th October can be another trigger
Technical : EMC2BTC hit support today, we can aim 90% profit target at 5063 with duration 13days maximum. Fundamental : this coin have many good news in this October, 1. Wormhole removal, in this event EMC2 will reduce supply by 55,075,320EMC2 (25%), they will update core, increased security and blockchain stability. 2. Einsteinium Foundation attending four major...
EMC2BTC possible continuation of it's long-term uptrend. So, generally my idea is that scary short-term traders lowered Einsteinium price and it may continue to go up based on latest news. By applying Fibonacci Retracement to that graph, we observe that price went till 0.5 fib level, which is ordinar situation. In my opinion, EMC2BTC will continue it's...