EmerCoin is producing good volume. It will have the biggest volume on the weekly chart since January with the exception of April when it hit its all time high on Bittrex.
EMCBTC Targets:
(1) 0.000289
(2) 0.000363
(3) 0.000437
(4) 0.000543
(5) 0.000677
(6) 0.000917
(7) 0.001067
(8) 0.001900 (All time high)
Next support:
(1) 0.000197
(2) 0.000142
(3)...
Since 2nd of July, when EmerCoin has reached strong psychological resistance at 50k satoshis high, price has been correcting down. It has reached 78.6% Fibonacci retracement level at 40k satoshis, but up until now failed to close below.
The current spike down, shows that price has bounced off the 88.6% Fibs as well as 200 Moving Average. Therefore, as the price...
SPEM will likely not be breaking out back to the upside in the coming months, but wait until Christmas 2018 when cryptos haven't lived up to the hype of last year. This impressive ETF will hold everyone over with a healthy dose of Emerging Market fervor.
Today EmerCoin has tested the low at 35k satoshis where it has rejected the 3/1 Gann Fan trendline. At the same time the 61.8% Fibonacci retracement level has been rejected, and although the EMC/BTC went below it, the closing price stayed above 35970 satoshis Fib support.
Nevertheless, the resistance has been formed at 40k satoshis, that is 38.2% Fibonacci...
Hey everyone!
Crypto market turning green, let's find good opportunities to have some good gains. One of such coins is EMC . It's been growing for the last few days, may be it's the beginning of bullish trend.
But is it? Let's take a look at Bollinger Bands. We can see that we are in the narrow channel of BB right now, which means, EMC , is going to have a...
I have hopes for Emercoin and we saw a positive breakout back into the bull area, but alas we broke the trend line and the channel only to find resistance against the 200 period moving average. Until this happens, I do not see a valid entry here though I continue to bide my time. Volume again is too low for there to be a break though that can always change. ...
A third coin in my long term investment review we have Emercoin. The weekly charts have been bullish for this coin hence why it is on my radar for a longer term accumulation of the token, though as with many coins over the past week or two, we are still in a heavy bearish price correction. Volume overall on the coin has been very low so there has not been much...
BITTREX:EMCBTC requested by one of my friend.
Coin price is in a range, well that is good, we have to enter at the bottom to gain it fully.
My recommendation is buy and buy on dips for 6x target. Buy at 9000.
Will post the targets in some time.
Closer picture
Here it is, a good coin with lots of good tech behind it.
Somehow I haven't seen this coin spreading hype or promotion, and still have few points on their roadmap.
Recently the fees has been cut by 99% and the Merged Mining POW algo has been implemented.
And last but not least the TA seems quite interesting.
![EMCBTC: [EMCBTC] EmerCoin LONG [840% PP]](https://s3.tradingview.com/i/I7kPqEGo_mid.png "[EMCBTC] EmerCoin LONG [840% PP]")
