Long
EVX Primed for a breakout! 1000% potential
__________
Brief Overview
__________
Everex is a Blockchain-powered financial service platform that allows users to transfer, borrow, and trade in any fiat currency from anywhere.
I think this has a huge upside potential based on the demand for swaps between the cryptocurrency and fiat.
Strong team that is teaming up with Visa and OmiseGo to explore payment solutions.
__________
Technical Analysis
__________
In my experience, the more price comes back to retest a level, the more likely price is going to break. This is the third test back up at the 0.00040000 level, a break will likely target 0.00048000. Longer term
Ideal entry- 0.00036000
Stop Loss: 0.000226000
Targets:
(1) 0.00048000-> Initial resistance area .
(2) 0.00074148
(3) HODL
MACD:
MACD already turning up
Stoch RSI
Stochastic RSI confirming a push up as well.
Brief Overview
__________
Everex is a Blockchain-powered financial service platform that allows users to transfer, borrow, and trade in any fiat currency from anywhere.
I think this has a huge upside potential based on the demand for swaps between the cryptocurrency and fiat.
Strong team that is teaming up with Visa and OmiseGo to explore payment solutions.
__________
Technical Analysis
__________
In my experience, the more price comes back to retest a level, the more likely price is going to break. This is the third test back up at the 0.00040000 level, a break will likely target 0.00048000. Longer term
Ideal entry- 0.00036000
Stop Loss: 0.000226000
Targets:
(1) 0.00048000-> Initial resistance area .
(2) 0.00074148
(3) HODL
MACD:
MACD already turning up
Stoch RSI
Stochastic RSI confirming a push up as well.
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.
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.