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maheswar81
10 Dis 2017 pukul 02.41

EMC2 on symmetric triangle, Buy on Support Panjang

POLONIEX:EMC2BTC60

Huraian

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Hello Friends,

Our favourite coin BITTREX:EMC2USD is on support. I would buy here with strict sl for the target of ATH (all time high)

why EMC2 ?

1) Hard Fork in next 10 hrs
2) Surprise news on 19th (rumours are that involvement of Apple)
3) Their roadmap is also good.

What is the exit signal?

The Decisive break below the support.

What else to consider?

Bitcoin is in the correction phase. when Bitcoin goes up, it is the king :) So watch your alt coins vs BTC.

what is the pattern we are trading?

The descending triangle pattern.

2 things in it, 1) Continuation means support fails to hold.
2) Bullish breakout.

More here :
stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_continuation

investopedia.com/articles/technical/02/031102.asp

Please post your thoughts.

Komen

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Support is still solid, So I would hold the trade.

Have strict Sl please.

As the HF is over, the selling spree has started which pushed the price from 16500 to 10000, now, the price is stabilizing before next move.

Exit on the decisive break of the support.

Dagangan ditutup secara manual

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Exit, Support didnot hold.
Trend AnalysisChart Patternsemc2EMC2BTCEMC2USD
Komen
TonyCryptano
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well, the tricky thing is, all triangle have 50% failure rate.
skywolf8113
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@TonyCryptano, yikes
maheswar81
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@TonyCryptano, yep, I agree. It broke the support.
TonyCryptano
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@maheswar81, have you sold?
maheswar81
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@TonyCryptano, Nope, I m holding it from $0.15, I will add more on dips.
TonyCryptano
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@maheswar81, good luck
cryptoGus
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@maheswar81, wow that was a great buy at 0.15 good stuff!
maheswar81
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@maheswar81, it was false breakout.
ChrisBryant
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Has everyone has enough of emc2? Not even a whisper around HF and coin burn time.. then a horrible slow fizzle..
maheswar81
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@ChrisBryant, HF done 10 hrs back and Coin burnt. 300M --> 245 M with the supply of 216 M. WormHole removal successful.

Next news is on 19th.
Lebih