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EDO

Eidoo Completes Its Retrace | 89%+ Comes Next!3 Weeks ago Eidoo (EDOBTC) made a nice move which we caught in full... You can see it here: After this move, a strong retraced followed and it seems it already came to its end. 0.786 Fib. retracement from the last wave has been touched. As soon as this level was hit, a very strong, high volume bounce happened. EDOBTC moved pass EMA10 and is now challenging EMA50 (Daily candle close is needed for confirmation). The MACD and RSI are starting to curve. The chart above makes it even easier to understand... Let me explain! Here we have a bullish chart with bullish signals developing as I write this... But the charts are always changing. If EDOBTC moves below the bold blue-dashed line, then the above signals have been invalidated and it can move lower. But if it stays above this level, it can consolidate and continue with its move up. The red-dashed line at the bottom is the last low before the bullish move. Anything above this level and we have a higher low. If the last peak (0.00005999) is taken out in this new move up, we are looking at a higher high... Which is what we should aim for if we want to see continued growth. This is not financial nor trading advice... Thanks a lot for your continued support. Namaste.
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by AlanSantana
Today`s ALT!!! EDOBTCBINANCE:EDOBTC Exchange : Binance Coin: EDOBTC Buy Zone: 0.000052~0.00005 Target Point: 0.0000576 / 0.0000629/ 0.0000679/ 0.0000719/ 0.0000834 S/L: 0.0000485 Risk: HIGH Term: Middle - Short If you`re Risktaker, you`ll like it It`s moving in Up Trending Channel, and The Volume is almost down It`s time to pumping !! ===================================================================== Today`s ALT is that information is raised regardless of the Coin market situation So sometimes there`s a high risk trading Investment is your responsibility. I'm just providing about coin`s information =====================================================================
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by timbearr
Eidoo Chart Analysis W/ Targets | Potential 200%+ In Sight!Eidoo (EDOBTC) just challenged EMA50 at 0.00004070 and is trying to move higher. This is marked on the chart with a magenta dashed line. If this level is broken, EDOBTC can easily move higher as it is shown with the first green arrow. If it fails to break the resistance, it will need to move lower before trying again. The RSI is really strong at 60.80. The MACD is on the low side but trending up and gaining momentum. This pair can easily move higher. Thanks for reading. Namaste.
E
by AlanSantana
3
EDOUSD Update - Cup + Handle $2 targetTargets $1.80 to $2.63 BTC's fiery rise and fall at the end of June delayed Alt season for some coins. In the case of EDO, by about 2 weeks or so. Price along trend line progression has become a cup and handle formation. What to look at: Do you see the thick orange line (top line) and the thick blue line? When the blue line crosses above the orange line, that's hugely bullish and will likely be the catalyst for breakout. The price closing above the orange line will confirm price action. Fib time frames allow us to predict the likely time frame. This is probably going to happen sometime between July 12 and 15. (Not shown) multiple indicators at or approaching oversold levels. Targets are marked at the 1.618 and 2.618 lines with middle yellow target representing the Cup+Handle breakout point - $2 to $2.20. Eidoo loves to throw wicks so I wouldn't be entirely surprised to see it reach the 2.618 or $2.63 area. Either way, expecting a 100% gain from current price. Stop Loss $.75
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by jdharward
1
EDOUSD - Daily Golden Cross - BuyLooking at EDOUSD today. We can see a golden cross is printing with today's candle. This is typically a very bullish indicator and the last golden cross on the 4 hour saw a nice rally in price. Previously, the 50 day crossed the 100 day on June 13th. (bullish) Price could potentially reach $1.64 very soon on a significant pump. Expected time frame is before July 1 Some concern though. The bottom indicators (the lines) are all pointing towards overbought territory, which could cause the rally to be shorter lived.
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by jdharward
EDO/USD - $1.65 - $2 target by Aug 1 possibleEDOUSD could see $2 by August 1 2019 Could July be the month alts catch up to BTC? EDO's USD price is clearly on a run, all though that has more to do with the rise of bitcoin's price. If the current trend (blue arrow line) remains intact, it leads right to $2 by August 1. EDO loves to post shooting stars however, so it's likely the $2 price target is hit much sooner. Within 3 weeks from today - June 22 is possible. Other indicators: Price has closed above top orange line. Green crossed the lower orange line on the last pump and we are probably within 3 days of the blue crossing orange along with green crossing red. There was also a golden cross a few days back.
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by jdharward
EDOBTC - The bullish caseNot financial advice and all that jazz. EDO is an interesting coin for it's wallet/exchange hybrid platform. Overall, Bitcoin Dominance has broken, alt crypto cap is looking ready for it's next pump. EDO, along with all alts, will get pumped along the way. Quite possible it bounces today or tomorrow. Could also fall to 960 first too. Bottom indicators show still a bit overbought. I love Gann for it's ability to forecast fuiture support and resistance lines along with the timing of future swings. Gann, combined with Fibb retracement/advancement & Fibb timeline can when done correctly, that's the tricky part, pinpoint future swings.
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by jdharward
Eidoo (EDOBTC) Gains Bullish Momentum (303% To ATH)Eidoo (EDOBTC) is printing a very strong bullish candle on the daily time frame and is becoming very promising when looking at it longer-term... Let's start with the daily. Chart: Here we can see how EDOBTC started to move up steadily to finally reach a climax and produce today's breakout. Volume going higher. The RSI is very strong at 63. Looking at the weekly time frame, the main chart above, we can look at primarily two scenarios: When you have this type of bullish action, we know that a strong bullish wave will come next and we get the following pictures. 1) Straight up and more up... This is done by most of the cryptocurrency markets when in bull run mode. 2) Retrace and then straight up. Whichever scenario happens, or a different one, trading can remain very simple and low risk if you have patience and can wait. Just buy and wait until your targets are hit. Use a stop-loss in case you get a different scenario (purple arrow), this way you are prepared for all outcomes and always know which action to take. Think and act, never react. This is not financial advice. Namaste.
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by AlanSantana