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EDOBTC

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
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by CGCryptoTrader
A trading opportunity to buy in EDOBTCTechnical analysis: . EIDOO/BITCOIN 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 62. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0001162 to 0.0000968). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0001162) Ending of entry zone (0.0000968) 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= @ 0.0001479 TP2= @ 0.0001801 TP3= @ 0.0002058 TP4= @ 0.0002316 TP5= @ 0.0002681 TP6= @ 0.0003149 TP7= Free
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by ForecastCity
A trading opportunity to buy in EDOBTCTechnical analysis: . EIDOO/BITCOIN 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 62. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0001162 to 0.0000968). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0001162) Ending of entry zone (0.0000968) 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= @ 0.0001479 TP2= @ 0.0001801 TP3= @ 0.0002058 TP4= @ 0.0002316 TP5= @ 0.0002681 TP6= @ 0.0003149 TP8= Free
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by ForecastCity
1
looking good to me....I'm bullish on this one and I'll explain why: technical: on the 1h chart the trend has now been rejected 3 times (see picture below) on the 4h chart the moving averages show a strong correlation and could reverse the trend (see picture below) furthermore, if you draw resistance lines, you can see that the course was rejected by both the lower and the upper resistance (wyckoff) (see picture below) between october and november i see eidoo at about usd 2.8 fundamental: eidoo begins on august 31 with the burning of tokens This is not a trading advice! You trade at your own risk! DYOR!
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by UnknownUnicorn1308099
1
Eidoo VS Bitcoin - Uptrend: The BeginningEidoo has formed a strong bottom at 1000 satoshis area, which is a strong psychological support. Price managed to go below, producing spikes lower and reaching 964 satoshis, although daily close failed to get below 1k satoshis. While forming the support, RSI has produced a Bullish divergence, suggesting the potential trend reversal. The new Fibonacci Time Zone cycle has started and price jumped, breaking above the descending channel and the 50 Moving Average on a Daily chart. The volume has increased substantially, support rejected, bullish divergence formed and EDO/BTC broke above the channel and MA resistance. All these facts is a strong indication that EDO should continue moving upwards, at least towards the strong resistance at 2680 satoshis. The resistance is confirmed by two Fibonacci retracement levels, one of which  is 78.6% level. Break and close above the 2680 upside target could trigger much stronger growth, while if rejected, strong correction down is likely to follow. At this stage downside risk is getting very low, but still exists. EDO might get back to 1k satoshis level prior to the rise, but only break and close below the previously established low would invalidate bullish scenario.
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by CryptoPAMM
2