EDO
EDO/BTC UPDATEThink the pattern is still strong and will form, but I've never supposed it could be so diagonal.
EDO/BTCDecentralization time! It is going to be a great month for Eidoo.Will try to catch it twice.
Entered at 23, and set TP at 28.9 and SL at 20. It is much safer to wait for a second shoulder ,if this pattern will complete, but I'm taking the risk)
Eidoo Eidoo 4H TF Bitfinex
Broke out of downtrend, forming bullish pennant.
Needs volume, looks better on Binance.
EDOBTC Eidoo. Bullish 100%Just look at rsi and buy wall at Binance. We have high volume last days and EDO is the only coin which didn't rise for whole time, prepare yourself for bull run folks.
Close to all time low-Might be an opportunityAs an amateur I'm sharing my ideas here. I believe we are quite close to lowest fibonacci level and we might get a bounce good bounce from there.
EDO PredictionLooking at the nice wave pattern formed by the 231 MA and the consistent cycles between the 7 MA crossing the 77 MA I have to believe that EDO is getting ready for its next big breakout. It has tested the 0.236 Fib several times forming a new floor and it might test it one last time before hitting the money zone in early March and starting the next cycle. From there it will climb its way up to the 1.6 Fib and that's when we cash out in early April having doubled our BTC!
EDOBTC - Possible 4 day cup and handle creating handle nowTools used: Fibonacci retracement/speed fan/channel
RSI: val. 14 on the left, 28 on the right
It's a rather shallow cup but interesting to watch how it plays out anyways.
Entry: about now, or when the value goes past the cup (right when it breaks out to be safe). It will be considered a failed cnh formation if we hit more than 50% retracement on the cup.
Exit: stop loss at 50% retracement on the cup, or if BTCUSD is doing you dirty, or at around 3470 sats. I would keep maybe 10-25% of the coins if it does actually break out to thsi region, as the cup is very shallow.
I wouldn't put too much stock into this, but definitely a good one to keep the eye on.
EDO nice C&H formationWe can see clearly how EDO has just formed a C&H in 1H
MACD and RSI are pointing is bullish and it can explode anytime
EDO - Snow White just eat poison apple (Binance Exchange)EDO - Snow White just eat poison apple
#SeeTheFutureTeam salute you
EDO on Binance is creating strong support at 2100 sts, providing support and rising troughs. However, EDO friends are snow white has just eaten poisonous apple. This girl will fall asleep before being awakened by the warm kiss of the prince in the cold winter
At present, EDO will have gains from the current price range of 2300 to conquer the very strong resistance levels of 3300 and 3600. We realize that this is not the time to invest in EDO, because after moving to the region Price 3300 - 3600 EDO will complete the partern of the cup and handle reverse and proceed to a very deep discount on support from 800 - 1000 sts.
We will buy aggressively at the price range of approximately 1000 sts and set target sale later.
You can also enter the price range from 2300 to 3300 - 3600. However, we do not recommend this.
Thank you for your attention!
#SeeTheFuture Team
Eidoo Just StartingEidoo is one of those very new coins that has started to show some signs of strength, in the short term. Clearly, the uptrend is emerging, and while btc 0.00024 support is holding the growth tendency is very likely to continue.
On the last corrective wave down Eidoo lost 40% to Bitcoin, after dropping from btc 0.00047 down to 0.0026. The correction stoped on the uptrend trendline that has been rejected sending the price up once again. Although EDO/BTC could consolidate for a little while the uptrend is likely to continue, sending price up to btc 0.0007 levels where two Fibonacci retracement levels are inline.
The support remains between btc 0.00028 and 0.00024 and only break and close below could invalidate bullish outlook.
HAPPY VALENTINE'S DAYS (Cup and Handle - 130% PROFIT IN 25 DAYS)Hi guys,
I captured a cup and handle (soon) situation and also EMA(
In my opinion, if we will exceed 10 days of EMA, next price will between 83000-102000 SATS for about 25 days.
(P.S. : I'm a beginner trader, trading for about 1,5 months. This is my opinion, do not invest your money based on what i drew. )
Have a great day :)
I still beleve in EIDOO (EDO)! 300% profit target.I posted earlier about EDO after my post we did get a big gain, but because btc dropped again, the price falled back unfortunate. But I really still beleve in the EDO project especially in mid-term. I can see this gaining 300% (1 to 2 weeks) especially with the registrations opened on bitfinex again!
EDO has really good fundamentals. I think it's worth maybe 6x times current price especially when I compare it vs ETHOS, what has a 6x time higher marketcap.
Some fundamentals
- Multicurrency wallet with hybrid exchange and ico engine;
- They will burn 50% of the tokens with their profits;
- Their quite new but they already had a big ICO launched on their platform, called ETHLend;
- Another great thing is they will launch a debitcard service we're you can pay in stores with a creditcard directly out of you're wallet! That's great and something I will looking for.
- The coin is valued just 100m, is traded on Bitfinex and Binance.
EDO Simple chart to answer the questions BINANCE:EDOBTC
EDO is a long term coin with possibilities of multiple entry exits
Entry at
4300-4500
PT in chart.