💡Don't miss the great buy opportunity in EDOBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000994).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Eidoo/Bitcoin 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 65.
Take Profits:
TP1= @ 0.00001310
TP2= @ 0.00001550
TP3= @ 0.00001870
TP4= @ 0.00002310
TP5= @ 0.00002950
SL= Break below S2
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EDOBTC
💡Don't miss the great buy opportunity in EDOBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000994).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Eidoo/Bitcoin 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 65.
Take Profits:
TP1= @ 0.00001310
TP2= @ 0.00001550
TP3= @ 0.00001870
TP4= @ 0.00002310
TP5= @ 0.00002950
SL= Break below S2
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💡 Don't miss the great buy opportunity in Eidoo/BitcoinTrading suggestion:
There is a possibility of temporary retracement to suggested support line (0.0000176). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Eidoo/Bitcoin EDOBTC 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 62.
Take Profits:
TP1= @ 0.00002160
TP2= @ 0.00002540
TP3= @ 0.00002950
TP4= @ 0.00003360
TP5= @ 0.00004080
SL= Break below S2
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💡 Don't miss the great buy opportunity in Eidoo/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000176). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Eidoo/Bitcoin EDOBTC 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 62.
Take Profits:
TP1= @ 0.00002160
TP2= @ 0.00002540
TP3= @ 0.00002950
TP4= @ 0.00003360
TP5= @ 0.00004080
SL= Break below S2
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Don't miss the great buy opportunity in EDOBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0001). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EDOBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 0.000115
TP2= @ 0.000125
TP3= @ 0.000134
TP4= @ 0.000147
TP5= @ 0.000170
SL= Break below S2
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ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in EDOBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0001). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EDOBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 0.000115
TP2= @ 0.000125
TP3= @ 0.000134
TP4= @ 0.000147
TP5= @ 0.000170
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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ForecastCity English Support Team ❤️
DISTRIBUTION FRACTAL OR REACCUMULATION? I saw this types of distribution already, on the first glance it looks like a ascending triangle, but when you look closely you can see divergence building on the RSI.
If you are about to enter short here, you gotta know that sentiment is still pretty bullish, but on the other side, that gives me more confidence in shorting PNT right now.
ETH 2.0 event just acme in couple of days ago, so everything smells of "BUY THE RUMOR, SELL THE NEWS" kind of environment.
You can be a buyer here as well, but that's on you. If you want to bet on the long side, risk window is to great for me to even think about longing PNT here after 1500+% pump already. Binance traders would be surprised if price dives back under the current lows, because they dont see a full chart and price movement.
EDO was rebranded to PNT, but move is already too big for me to consider buying here. Great short opportunity with SL above ascending triangle (I expect stop hunt as well, but w'ell see). You can target .382 area as a safe target if this is the top.
If you profit out of this idea, you can consider donation as a thank you.
Be safe, and don't bet the house on this. Its a risky trade after all.
Don't miss the great buy opportunity in EDOBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000085). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EDOBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.000110
TP2= @ 0.000135
TP3= @ 0.000165
TP4= @ 0.000179
TP5= @ 0.000218
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in EDOBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000085). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EDOBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.000110
TP2= @ 0.000135
TP3= @ 0.000165
TP4= @ 0.000179
TP5= @ 0.000218
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
$EDO, Terrific month for some alts... 225% up on this one...$EDO,
May has been a terrific month for some alts... 225% up in value on this one...
Currently sitting at ~6200 sats resistance level,
Token burn just executed, Unless it flips this level into support & starts pushing up, you know what they say...
#EDO
EDO/BTC (Consolidating before resistance)EDO/BTC
-since last May 10, cross ultimate indicator's signal is Long priority
-the price pump over 170% to the recent top
-currently, facing an area of resistance
-and maintaining a series of higher lows
-bulls still have control of the market trend
-but to keep the uptrend going
-they must break the resistance at 6000s
-hold above 6k sats and target the next daily resist at 8400s
EDO/BTC (Another Leg up?)EDO/BTC
-cross ultimate indicator signal priority is Long
-the price reached the mid resistance twice
-there is new minor resistance at 3960
-if this candle closes bullish today
-we might see another leg up
-next resistance is located at 5700s
Eidoo Going Bullish (Another Fake Breakdown)This is how I see Eidoo (EDOBTC) easily printing over 150% in growth.
First, EMA100 needs to be conquered.
The last low is a "fake breakdown". Meaning, prices only broke below support to hunt for stop-loss and remove weak hands.
We know this since we can see many altcoins breakdown just to quickly move back up with massive force and strength...
Daily, the charts can always change.
What seems bullish today, can change after a few candles close, that is why it is very important to build a plan/strategy before you decide to trade.
Yes, the chart is bullish, but what would you do if you buy-in and the price goes the other way?
Would you sell?
Will you hold?
By answering those questions, you will know what to do regardless of how the market moves.
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This information is shared for learning and/or entertainment purposes only. This is not financial advice.
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Thanks a lot for your support.
Namaste.
EDO/BTC (Potential trendline breakout?: up to 60% profit target)EDO/BTC
-testing downward trendline resistance
-holding 50ma and 20ma as dynamic support
-the green area is our new support must hold
-if the trendline is broken
-upside target is up to 2600 sats
-ideal stoploss below 1500 sats
Eidoo Challenges EMA100, Up To 173% MappedEidoo (EDOBTC) is now challenging EMA100 (blue line) while printing really high volume... This altcoin pair can produce additional growth.
Looking at the chart above, I've marked the main two targets for this breakout.
The first one is sitting at 0.00004485 for 88% of potential profits.
The second target is sitting at 0.00006480 for 172%.
Conditions for change
If prices move below "SUPPORT", the blue dashed line, the above signals become invalid.
Make sure to have a strategy/plan before you decide to trade.
Thanks a lot for reading.
Namaste.
EDOBTCEDOBTC
Buying in the area0.0000147 - 0.00001388
Goal 1 - 0.0000156
Goal 2 - 0.0000166
Goal 3 - 0.0000182
Breakdown of 0.0000135, price may fall below
If you like what I do, put 👍 and subscribe
Waiting for your comment, what do you think about this?
EDO/BTC (Potential Bullish Breakout: up to 80% profit)EDO/BTC
EDO is showing some bullish action as the price is trying to break this descending channel.
If EDO can close this daily candle with an engulfing bar. We could expect another follow through the next day.
The potential buy zone is when the pattern is broken and the retest of the previous trendline resistance.
The stop-loss is below the daily candle close to providing enough room for sideways action.
EDOBTC Could this token play this scenario?????Good day, today we have EDOBTC token.
Based on Eidoo Roadmap the nearest news are planned for Q1 2020 - EidooPAY debit card and NFT wallet.
So we have one month till New Year and then even four months. During this period I hope it will be dumped to buy more for lower price and might be pumped as well.
Thanks.
Disclaimer: This is not a financial advice, this is just my point of view.