EMC2 - Einsteinium Premature Positioning
EMC2BTC was a hot crypto back at the beginning of December and I think it may become reinvigorated over the next 30 days or so. Due to the fact that I have been able to trim some gains in other coins, I am going to start a small position in EMC2BTC as if works to breakout again above the 21 day moving average on the daily chart and as the Mac D begins to show a positive divergence. This is a bit risky to position yourself as there is no confirmation as a breakout, but I am alright will being early especially because EMC2BTC can really run.
Realistically I think we can hit .0000939 (first red marker) over the next week or so, though this is highly dependent on how BTCUSD wants to act and if it wants to start a new trend. This smaller sized position will have a loose stop (~16%).
Realistically I think we can hit .0000939 (first red marker) over the next week or so, though this is highly dependent on how BTCUSD wants to act and if it wants to start a new trend. This smaller sized position will have a loose stop (~16%).
Might finally be coming to life.