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 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 break out.
1) Buy on breakout : 12000
2) Buy on supports. : 8500
T1 : 14000
T2 : 19000
Below the Support , 7000, it is for very very safe side.
In the day, we had range of 10000 ---> 11700, easy 17% . One can watch these levels for range trading.
Whoever bought on top (12200) have to wait for few more days.
Please note : Buying in FOMO (fear of missing out ) is dangerous. Its ok to miss the trade. We will have another opportunity.
Unless it is excellent news, there is no use to keep this coin. It may take months to recover.
T1 : 14000 (13700) - Achieved.
T2 : Next Target.
It hard to say that it will touch 19000 at retrace, people may sell at 18000, so watch it and book it.
Currently I have at 14000
Hope your capital saved with stoploss. I got out at 14000.
said for the people dumping it because the news is a bit late. You can buy it cheap now at about 10000 satoshi
dude its not bullshit, the news IS indeed on their website
(btw scroll down a bit )