After a strong bullish run, EMC found resistance. The bearish move from A to B found support and the retracement from B to C passed fib level 0.618 confirming a possible ABCD pattern at play. The expectation is that before the hardfork on Dec 11th, the CD leg touch the 1.272 fib level thereby presenting a possible buy opportunity. Lets see if this moons once more :)
Possible falling wedge on the 15 min. Keep an eye on the pattern. Break down of wedge support will lead to further decrease. Break to the upside will test other short term resistance spots indicated by each subsequent arrow point. Coin burn coming soon which implicates further increase until then. MacD and RSI looking good, but that means nothing if bitcoin...
BITTREX:EMC2USD Hats off. wow, that was amazing run. $1000 invested a month back would have turned to $40000, 40x with BTC growth. Price will consolidate between 1.80 - 2.4 for sometime (generally 4-5 days as per the previous pattern), then it should fly again. My target would be open one :)
wave starts at: 13k target : 17k satoshi
stay with emc2, the hard fork will happen in 4 days target 40k
New buy set up available for EMC2. Open trade: 0.000093 Stop: 0.000075 Target: (1) 0.00012 (2) 0.00018 Trade carefully. Invest only what you can afford to lose. And remember, YOU DESERVE THE BEST!
i dont care about FA or upcoming " mind blowing" news. Just look at this pattern , its called "three white soldier" pattern (you can google it) so what its "three white soldier" ? its new trend (bullish), after some downtrend or consolidation , and each of that green candle must bigger than previous one. Of course on that new bullish trend will be there " shake...
BITTREX:EMC2USD is consolidating after the big run and forming Flag pole Target is 100% on the breakout. Previous Analysis : More on Flag Pole : ------------------------- Sharp Move: To be considered a continuation pattern, there should be evidence of a prior trend. Flags and pennants require evidence of a sharp advance or decline on heavy volume. These...
Currently in the consolidation phase. EMC2 looking to make another move up
Have look carefully ! till 19th december! Emc2 Thankyou. (Happy Trading)
EMC2 hit our previous target. Buyback at either ~6700, 6200 or 5600 Satoshi. Next target around 12000 Satoshi. Previous analysis:
This chart is textbook Elliot Wave. We have currently just finished wave 3 of a larger timeframe which also completed wave (v) of a shorter fractal wave. I am looking at a .38 retracement to complete a wave 4 which will then go on upward to wave 5. Remember retracement waves such as 2 usually take an a b c... pattern down as seen in the chart for waves 1 to 2....
Ascending triangle trade opportunity, watch for breakout of top resistance for entry. If bounces from uptrending support again, would add a little more to positions.
The cold war period of consolidation has started. Prepare for up to a week of consolidation, look for low entry points. Enter with 5% and buy-back or add to position upon bullish confirmation 5%. Fundamentals: hfcountdown.emc2.foundation
We've seen a lot out of this one already but I'm expecting more. EMC2 is showing a lot of strength, establishing new levels of support with each jump skyward. Assuming the trend holds, I could see a jump well over $1 in as little as 2-4 hours and as much as 8. If we regress then a new chart is needed.
I think this might be a good time to buy some EMC2. My target is the 1.618 fib. extension from the previous pump (9036 sat.). If we break the support line (which is very close) things may look very different. such fibonacci (also: I don't do this stuff often so I'm not responsible if you lose money when following this analysis)
Everything is in the chart. Any questions, it will be a pleasure to try to answer them.