EMC2 correction end, time to fly away again
As can be seen, the different indicators are all pointing towards the end of the correction of EMC2
We have a divergence on the Elliott Waves Oscillator mening we will have a trend reversal.
We have an oversold RSI .
We have the selling volume slowing down.
Price has found support not only on the 0.382 fib but also on the 200 MA (4H time frame).
And last but not least, we are in the golden buy area zone between .618 and .382 fib
Nice
Gonna resteem, because I think EMC2 will rise again! Don't know why the coin got dumped. Because the news wasn't bad at all!? Yes the team can work on they're media skills. But hey afterwards they got out with an explanation. Lot of coins don't even do that when they rumour big news and only change the name or the color from the logo or something. EMC2 got out with real news, and I think really good news. Just got into running a masternode myself with Xios and I really like the idea behind it. So can't wait to use my way to expensive coins (at the moment then :P) for running my own masternode. I can understand that lots of people want to buy it cheap now ;)