EVX/BTC is showing some bullish signals again. There was a large dump and recovery/correction (which also shows a lot of upward momentum) on the 20th Feb. The price has pushed above the 200EMA on the 1D chart, however, has already started to drop again. It looks like the price will settle on the next lowest support, which also happens to be the 55EMA on the 4HR chart. This will be my Buy order at 7608SATS. I will be looking for the cross of the lowest (22) and highest (200) EMA's to push the price up to my Sell Order.
BUY: 7608
SELL: 9648
SL: 6352
This is not trading, nor financial advice. Posted trades are based on my own TA, void of my opinion and only on how i read the chart and indicators. Always do your own technical analysis before attempting to trade anything. Trading carries a high degree of risk and may result in financial loss.
Please feel free to comment on my posts as i am always willing to learn through others. If you agree or like my analysis, please hit the LIKE button and feel free to follow me on TV.
Happy Trading!