EDO/BTC - Daily support.Buy zone:
1450 - 1500
Sell targets:
1581 +7.26%
1693 +14.86%
1846 +25.24%
Stop Loss:
1396 -5.59%
Notes: After a massive BTC pump (+ 16% in less than 1 hour) that caused a dump in all the altcoins, several began to recover, we observed a good point of entry in the daily EDO support.
EDOBTC
$EDO - Daily looks great, but still need confirmation to buyI'm liking EDO rn. But I don't have a confirmation to buy yet.
- The Daily looks excellent, strong Bull-Div
- 12Hr is being held down by the Tenkan, but it is now in a tightening range
- 3Hr showing the same; Sideways action, If we get above the Tenkan we could use it as launch a launch pad to get through the clouds
Could see a move of 15-80% if we can confirm a trend reversal from here.
very risky but... Eidoohidden bullish div on 4h RSI + potential double bottom bullish TA reversal pattern
goal: +40% from double-bottom confirmation
if not double-bottom: sell with stop and forget about this shitcoin
EDOLittle bit more to go.
Red box is the target.
Expected reversal (bullish) in 45 minutes. Could also swing in the opposite direction before resuming up.
Maybe an hour and 45 minutes for this to start. See time Fib line #5
According to this mini wave of Fib.
EDO - Looking bullish for short term reversalLooks pretty oversold here.
This coin likes to pump and form long wicks, making profits or losses occur very quickly.
I'm thinking the next 24-48 hours but could be delayed by a week. Low volume coin.
Price bounced perfectly off the .618.
Lots of indicators flashing buy, even on the daily now.
Targets are the boxes in order of difficulty. Blue is my tippy top resistance
Signal EDO/BTCWaiting for breakdown 0,00024000, open the long
BUY: 0,00017480 - 0,00017500 SL: 0,00017390
BUY: 0,00017150 - 0,00017200 SL: 0,00017050
SELL 1: 0,00019510
SELL 2: 0,00021450
SELL 3: 0,00023950
Support: 0,00017150
Forecast relevance is five day
$EDO Symmetrical triangle in play... Stay alert
UCTS Sell signal active
Volume has been increasing on the last week but with spikes, see how many wicks did a 15%+ movement without continuation.
MACD bearish & RSI falling
EMA200 acting as support w trendline
#EDO
Daily Bullish Signal $EDO #EDO #EDOBTC (17 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Bearish flag in play...Bearish flag could be in play.
Currently sitting at EMA100 very close to EMA200.
If this level doesnt hodl. We will probably see a drop to ~1800 as first target and ~1700sats as second target.
For now wait for chart to reveal itself.
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
Daily Bullish Signal $EDO #EDO (30 Jan 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
edobtcascending triangle on edobtc. blue line is the target. any price under the triangle ( candle closing) is stop-loss
EDO what's next !!BINANCE:EDOBTC After dropping down 80% + , Edo back and showing some positive pattern ..
Entry and exit marked on chart .. be aware any shake off happens with BTC , this trade will turn negative ..
Risk proper amount of your balance ..
Good Luck .. also join us for more ideas and trades setups at t.me
EDOBTCEDO/BTC
In local uptrend
Good volumes went into the coin
Located in the ascending wedge
Risky deal
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
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
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!
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.
