EMC2BTC perform bullish flag , this is very profitable pattern, sometimes it perform multiple flag (3 times)
We have temporary projection with 113% profit target at 0.00003000,
best option to buy at flag support at 0.00001419.
@amalkic83, You already know! I bought at the breakout (between .0000203 - .0000205). I'm not super confident the target price will be reached, so I'm incrementally increasing my stop-loss order as the price increases (and establishes higher support levels). This way, if prices collapse before we hit the target, I'll at least come out with some profit.
Is this prediction still valid? currently i cant see that happen, its floating arround 0,143 $ for the last 3 days. i decided yesterday to jump on the bch train, which im glad btw - thanks for that. Some Input would be nice on that one