EMC2 will try to BREAK in coming DAYS for over 2xEMC2 will try to have a major break in coming days due to it's accumulation. We also anticipate some sort of news from foundation which will boost us up. If Bitcoin will continue retesting lows with corrections, we will most likely encounter issues. It does look like Bitcoin is currently moving up and is bullish, but it looks to be only temporary since market as a whole is bearish AF.
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Einstenium
EMC2 new market cycleEMC2 seems to have completed it's old market cycle and retraced to 0.883 fib level from the old move.
Curently it's going kind of sideways and seems to want to retest 0.883 fib. There is a clear support area and a resistance trend.
A new market cycle can start from this.
Some good sell areas are old support and resistance zones but this may head to a new all time high as this new cycle may be the elliot 3 for a larger move.
EMC2 Pattern Emerges - Re-Uploaded Chart - December 19 NewsDecember 19 will be a big date for EMC2 whether we get anticipated major news or not, because chart will show it. Recently we have been monitoring a huge potential for uptrend here. Even with Bitcoin -0.46% we have seen good stability is price when you look at dollar comparison.
Einsteinium EMC2 in strong support areaFirstly short definition of Ichimoku. This is perfect strategie for strong trending markets as Crypto markets. Its Trend Follower and buy signals are after breakout of the cloud (Kumo) or bounce of Kumo or Kijun (slower Ichimoku line).
Stop Loss i below last low (Im not opening any shorts on such stron bullish market - golden rule is - when you see stron bullish trend buy or do nothing. If you see stron bearish market - sell or do nothing).
Lots of emotions on Einsteinum. It has made 1000% from 0,06 USD on beginning of this month to 0,6USD. Yesterday correction has started and now its almost 50% of last up-wave so its support for price.
Next support is Kijun Ichimoku line and also some Price Action support. Price now getting back to bullish trend and if this 4-hour candle will close around this price it will be bullish Pin Bar so 3rd buy signal. Worth watching!
