EMC is inside a triangle pattern heading to the botton at the moment, a good entry point may be reached in near future:
Zoomed version:
This pattern becomes valid as soon as price reaches the botton at ~7200 Sat and a strong bounce can be seen.
Conversion line and base line should cross, MACD and RSI should point upwards.
Stop loss should be placed below the blue line.
Next support has to be found in case of a drop below.
Target at the top of the channel would be
35k Sat
More targets will be published as soon as this TA becomes valid!
- Cloud is bearish, conversion line below base line
- MACD is slightly pointing downwards indicating down trend is not over
- RSI shows an oversold market
- Huge buy volume indicates coin is not dead
Zoomed version:
This pattern becomes valid as soon as price reaches the botton at ~7200 Sat and a strong bounce can be seen.
Conversion line and base line should cross, MACD and RSI should point upwards.
Stop loss should be placed below the blue line.
Next support has to be found in case of a drop below.
Target at the top of the channel would be
35k Sat
More targets will be published as soon as this TA becomes valid!
액티브 트레이드:
Entry point reached, we bought at 7500Sat