Long
Updated

EDG panic buy

448
If you missed the train on EDG now could be an entry. If your holding do not sell now. The reason behind the dump was the casino might not open in Sept and be pushed back to October. 23335 looks like its going to be support. The supports around 23335 are the .618 FIB and Ichimoku cloud will be around there 12 hours from now to act as support. The expanding wedge down usually means its going to break up. The 4 hour stoch is swinging up too.

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Bounced right off the cloud. 4 Hour stoch is swinging up. looks to me like its healing a bit
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medium.com/edgeless/an-update-before-a-game-553bcbef99c8

They are still launching on the 28th. I think this is a squeeze before it repumps 1 last time.

With the casino license, its for fiat. They explain it here:

reddit.com/r/Edgeless/comments/70w59o/dont_fud_license_not_a_problem/
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you can try to put orders at the .78 FIB line but I'm not sure it will go that low
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.78 fib hit. daily stoch about to cross. I think we may have new floor
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The beta opens on Sept 28th. The idea is going to be like last time. If you see Daily Stoch capped for a bit its always a good idea to TP. We will get a better idea how this will look in the coming days.
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There's a rising wedge forming. Keep an eye on it. I still think it looks like it will go up 1 more day. If it drops below support line of wedge tp and rebuy back in on next support line
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The first support failed to hold. I think it might triple bottom soon on the .78 FIB line.
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Everything is pointing to triple bottom i still think. Stoch is on the way up. Macd is crossing to bullishness soon. rsi bottoming out too. Were about to hit the .78 FIB line again
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Its been a wild ride with EDG. Probably very heavily manipulated by whales. There's a downward wedge that usually means its going to break up. The daily stoch has bottomed out now and is swinging up

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