Long
EVX/BTC Long Trade (50%-130% Profit Potential)
EVX/BTC looking to go for a bounce after a slow bleed over the last few weeks. The current price of B.0001290 is in a previous price cluster that I'd expect to act as resistance. At the bare minimum I'd anticipate a dead cat bounce to bring us to target 1 at B.00020 (50%). If there is more strength behind the move the next two targets are B.00025 (90%) and B.00030 (130%). Stop losses are determined by your tolerance for loss. Money flows into the hands of the patient - find your ideal entry and wait for the payout.
Trade active
Update: Breakout imminent - if you haven't entered a position here is a better entry. Targets remain the same.Note
Going forward all my trade recommendations will be done against USD. This setup failed against BTC but at one point yielded 20% profit from entry against USD. Its now setting up to show gains against both USD and BTC.Note
EVX/BTC is starting to move. This is just the beginning of a strong profitable trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.