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Edgeless

Getting long Edgeless for first time! While I haven't bought into Edgeless yet, I am going to dip my toe in today for the first time. After recent dump on some incredible volume, it seems to be holding pretty well at the 0.5 Support Level. I am planning on establishing this position over time in case it does fall down 0.618 Support Level where I would buy 1.5 times the amount I plan to buy at the 0.5 Fib Level. I do not feel that the 0.718 Fib Level is in play here, unless BTC either gets pumped back to $5,000 over the next 5 days, or dumped back down past $3,000. Also, check out the link below: medium.com
ELong
by Kolokotronis
2
EDG (Edgeless) - Launching soonSo EDG is an interesting token working off of the Ethereum network which offers an edgeless online casino. They claim that they are waiting to launch properly due to them finalizing their Vegas casino license, which could come as soon as the next 1-2 months. If they manage to get that, they say that they will be able to work with fiat currencies which would be a major advantage to crypto only. Gambling is a monstrous business, as we all know, and if they can crack a small fraction of it, they will be doing quite well. Check their site for how they claim to provide a more 'fair' gambling environment: edgeless.io I'm impressed by the fact that they suffered a massive loss in funds not long ago, due to parity wallet hack, and have still managed to progress without any major disruptions. From what I recall, their launch was always supposed to be Q3 / Q4 this year and they are still on track to meet deadline. This chart is a slightly longer term view (1-2 months), expecting big moves once news hits and they are live. From a technical perspective, I'm trying out some new tools here to see if I can project targets. Trend line from the tops to project future resistance areas once new ATH is made. Fib trend extension on the entire move up and down. and then guessing on where some bounce backs might occur based off of current resistance areas and the fib extension. The target I've chosen is more or less where the fib extension of 1.618 is. If anyone has suggestions on how to better project potential tops, please let me know. Price is low now, so with the potential upside, I have picked up a nice stack.
ELong
by dctobkk
11