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EmerCoin/Bitcoin (EMC/BTC) Trying to Take Off After A Breakout

EMC/BTC has been consolidating for a few days around the 9400 satoshi level. During the 11/22 session, it pumped to 10,000 sats.

EMC/BTC 1H Chart

click to enlarge

  • I like a breakout from low volatility consolidation over a significant period. This case fits the bill.
    Trade Plan with Reward to Risk:
  • Entry at 9700
  • Stop: 9240 (-4.74%)
  • Target 1) 10200 (+5.15%)
  • Target 2) 11000 (13.40%)
  • Target 3) 11900 (22.68%)

BitcoinCash/Bitcoin - Stalking the Correction

BitcoinCash/Bitcoin (BCC/BTC) in a Breakout and Pullback