Hello Everyone, Here is the analysis on EMC2, it is getting ready for another rally. It was beaten heavily, and now hovering around the support. The pattern we caught is Descending triangle pattern, yeah I agree chance of pattern success is 50% But our plan is to buy on Low, so we can safe our capital with less loss in case if it goes otherwise. Or Buy after...
December 19 will be a big date for EMC2 whether we get anticipated major news or not, because chart will show it. Recently we have been monitoring a huge potential for uptrend here. Even with Bitcoin -0.46% we have seen good stability is price when you look at dollar comparison.
EMC2 has broke out of the downward triangle and the downtrend line has now become support. First Target 12.5k Second Target 14k Third Target 15.6k Stop loss 10k Big EMC2 announcement on the 19th will fuel the next bull run. Hold until the 19th.
Emc2 broke the support twice in the last few hours signs of a bullish market in my chart i have 2 main resistances if those are broken we could see parabolic movement.
Buy - 0.0001200-0.0001300 Stop Loss - 0.0001000 Target - 0.00016117
EMC2 has an announcement on 19th, hit support buying the dip.
EMC2 is going to breakthrough according to its graph. In this downtrend pattern EMC2 tried several times to breakthrpugh, but didn't succeed. The BIG news that will be published on the 19th of December may help to breakthrough and could multiply its effect. USD graph is also relevant. Add this one on your list.
Dear Friend as I am new to this don't take it so seriously.. u can bye it but at your won risk ... sk... don't put stop loss if its go's to 6000 hold it and sell emc2 at 8500 no loss ....
EMC2/BTC After volatile price movements earlier this morning showed signs of slowing momentum but strong sustained growth. Strong support detected at 10,500 sats, strong buy points detected at 10,800 sats. Weak resistance detected at 11,000 sats. Bullish breakout detected as of 1:08 eastern time and in time for the day trade sesstion.
Symettrical triangle forming Place entry at orange line (above resistance). Only buy if resistance line is broken, which it is looking like it will be because the BBands are tightening.
EMC2 has an announcment on the 19th of this month (December) (rumor it might involve nasa)