I took the elliot wave
analysis approach to analyzing this coin for future projections. I marked the corresponding points that are consistent with a bullish elliot wave
. My thought process is that going into the new year will bring about a new influx of optimism for alt coins in general and emc2 is no exception. They are taking on a very interesting project and I believe it will be very attractive for both institutional and retail investors going into 2018.
I bought my position @0.00007464 BTC
just before posting this. Let us see how it plays out.
Comments and criticism are welcome. Best of luck.