EMC2 appears ready to explode over the coming days. Bottoming red candles have now found support (indicated on three occasions), increased volume is evident, whilst history appears to be repeating itself.
Price has broken out of consolidation and looks like it is VERY bullish.
1. MACD strong
2. Above 50EMA
3. Increase in Volume
Lets see how this pans out.
I will take profits in 25% increments
Stop loss 3%
EMC2 has broken out of a period of consolidation.
I am long with a tight stop of 3%
Potential quick trade here of 70 - 100%
1000% + long term if BTC picks up momentum this week. Will be scaling in at orange lines.
Just my 2 cents
Upcoming Hard Forks
EMC2 is going through two hard forks:
First - release of a major security upgrade implementing Komodo’s dPoW Security System.
Second - release of a new GPU mineable coin.
EMC2 Ready to fly
EMC2 is higher risk trade with possibility of breaking trend line towards support zone, nevertheless we believe in 75% within few weeks/month and over 10X profit within 7-12+ month which would be long term.
Enjoy this trade, advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not ...
After the beatiful rally last year december ,I think emc2 is ready for action.
It retraced as far it could.luckily is now over.We now phase called accumulation.Fill your baskets while emc2 is cheap.
this is what I found
Do you see the two fractals ,
If this patterns play out we going cash in
my first long term(1 ...
EMC2 Hit entry zone in my opinion.
My charts are my own opinion and only intended for research purposes.
THIS IS NOT FINANCIAL OR TRADING ADVICE.
Always watch BTC when trading as this can greatly affect the outcome of a trade.
Always us a STOPLOSS!