Get started

EDO

EDOBTC finally looking bullishOn the daily, we can see some bullish reversal potential. 5/20 daily closed as an inverted hammer (bullish), indicating indecisiveness. Today's daily, 5/21 has broken above the trend resistance line and looks all set to close above it. Major resistance is around 1000 sats. This price point was the previous low and had served as support before breaking. Now will serve as resistance. Look for the price to definitively break out above 1000 sats to confirm the breakout. Once a break out occurs, it will probably spike high and quickly. Green box is the target, red box is the "would be nice". About a month ago when I was last charting EDO, I kept coming up with a date of May 26/27 based on the Fib lines. The price could rocket on 5-26. (Could also drop too) Guess we'll see. The bottom indicators on the 3 day chart show the coming rise better.
ELong
by jdharward
2
EDO - Look for a break out in the next 7-8 daysGan Fann, when combined with Fib time lines help us estimate the likely time and price points breakouts can occur. The tricky part with applying fanns however is they get messy quickly. Four fans are displayed in this example. What this suggests is on or around April 18th we'll cross a fan line, followed by a fib line on on or around April 21st. One way this could play out is we see a ramp up on 4/18, followed by another ramp up on 4/21. There's also a another fib time line, when measured from a different point that correlates with a possible peak in price on or around May 3rd. Let's see how this plays out.
ELong
by jdharward
EDOUSD - BREAKOUT WILL HAPPEN!Hello guys, by EDOUSD we can see that it is very near to a strong support on Binance, witch is a good opportunity to buy. I could find a pattern in EDO, we can clearly see with that circles i drew! Also, i found a channel pattern( i drew it to on the chart too). Pivot Extension is pointing an entry right now on EDO! See me previous analysis and how profitable they are, we had over 130% in december/2018 and in junuary reaching almost 160% profit, with proven trades in tradingview. Our free channel is used for free profit trades and knowledge for our members, join and share with your friends. Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram. Thanks for visiting. Buy Price: Green Zone SL: Red Zone Profit: Blue zones Invest Suggestion: 20 Percent Profit Expectations: 10 - 50 Percent
ELong
by CGCryptoTrader
There is a trading opportunity to buy in EDOETHTechnical analysis: . Eidoo/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.004840 to 0.004270). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.004840) Ending of entry zone (0.004270) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.005180 TP2= @ 0.005475 TP3= @ 0.005829 TP4= @ 0.006309 TP5= @ 0.007110 TP6= @ 0.008220 TP7= Free
ELong
by ForecastCity