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.
EDOBTC
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/BTC TREND ANALYSIS AND PRICE FORECAST| FEB 9 |EDO/BTC broke out of a long down channel and made a high of 32k sats. After doing some correction, the price is moving up back again and we can see a short term break out which can continue the upside trend. RSI has turned bullish while MACD is also showing a bullish divergence.
TRADE SETUP
BUYING RANGE : 31K SATS AND BELOW
STOP LOSS : 27K SATS
TARGET : 36K, 42K SATS
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DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.
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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.
EDO about to make a moveEDO is currently on a 4/6/8h TTM Squeeze. Looks like it's finally bouncing up from bottom.
Profit targets:
- 0.0003324
- 0.0003649
- 0.0003896
Any comments? Opinions? Let me know!
Cheers
EDOBTC Up-to-date technical analysis!After a small healthy correction Eidoo started constructing bullish waves. Explosion can happen any time.
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 :)
Ready to be pushed by Bitfinex whales? Eidoo!Last week has been bad, but, the circumstances is perfect for a Finex run.
I am betting on Eidoo, and looking for 10-20x!!
Fundamental
On January 11 I told my trade group (Koinworld) about Eidoo (EDO). We got in at the fib line and saw a good push, sadly , the market brought it back down and we are back to where we started.
Aventus had to go, and I replaced my portfolio with Eidoo . (A finex coin for a finex coin) (My-Portfolio)
So what makes Eidoo a good buy?
For one, Bitfinex has finally opened up their registration process. New money should enter the exchange.
The problem is that they only opened up for people with 10k worth of FIAT or Crypto. That's not a crazy amount, but it definietely excludes a lot of the fishes . Which lowers my target expectations a bit.
Eidoo is on Binance as well, so considering the marketcap ( 115M ), it's looking very good on the exchange front .
Quote's from Eidoo website:
"We want to make only one application, extremely easy to use, and bring the crypto world to the end user; a bridge towards worlds that at this time, as a user experience, are not so close to one another."
That's the basic vision of the Eidoo team. They are not looking for some technical breakthrough.
They want to create the killer application that can unite mainstream users and the technology that crypto brings to the world.
"Facing an ever dynamic world, both in technology and application user-friendliness, no good solutions that exist can last forever."
When it comes to crypto and general technology you have to be open for change , and you have to be on top of it all the time. Always evolve.
If we have a look at Eidoo's roadmap we can see some promising stuff for this quarter, making this a very solid time to invest.
First off we have the Bitcoin Wallet , and then there's the hybrid exchange as well! Check roadmap. Some pump-worthy releases.
Recently Eidoo put out their ICO engine.
Where ETHLend did their funding ( right now they are twice as big in marketcap ), and we have Ubiatar launching very soon as well.
What's really cool about this is that Eidoo destroys 50% of its income, making the supply lower and Eidoo investment more attractive .
On Dec.14, Eidoo released the blog post, announcing the burn of 500k Eidoo ! That's only from ETHLend ICO , Aidcoin Pre-Sale and a few private sales .
Very impressive. If Eidoo keeps getting ICO's on their platform and attracts a larger userbase , we could see some serious supply being taken away from the market. This will automatically make the price go up over time.
Making a long story short. Eidoo could very well be one of the next big pumps . I'm taking this short/medium term bet.
Technical
The FIB I am focusing on here is the run from 7 December to 9 January . We can see the 4.618 goes to 25 USD , which would be about a 10x from Eidoo's sideways action at the bottom.
When it comes to crypto, 10-20x is the normal range from bottom to top on a pump.
I always like to be conservative when picking targets, so I am looking at the lower end.
Buy on trendline, and look out for heavy resistance at 10 USD.
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.
Maybe Cup and HandleI follow Eidoo for a long time. there is a lot of news in the near future one of them Lend airdrop. They are also working on a system called icoengine.net where we can automatically invest in ICOs. a project that needs this market exactly. Eidoo is a really good coin when we think of all of this.
EDO - Charts looking extremely good. 300% profit target!EDO has really good fundamentals as well! 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 120m, is traded on Bitfinex and Binance.
Also good news today. There will be a new ICO launching on their ICO engine. The ICO is called Ubiater Play.
EDOBTCSupport line is working very smoothly and I think we will see some green candles from now on with short tails. Bullish for this coin.
EDO channel, short term high profit potentialBINANCE:EDOBTC is in a bearish channel. buy now but sell partial because it is possible that it dosent touch the upper line.
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.
EDO BINANCE:EDOBTC 1.66%
EDO 0.00% is a long term coin with possibilities of multiple entry exits
Entry at
4300-4500
PT in chart.
EDO/BTCMoving in up trend channel. News is coming and i expected it will broke this channel and it will go to 161.8 level fibonacci. Airdrop in january 12 and january 31