pNetwork, formerly known as Eidoo (EDO), is an open-source multichain routing protocol for providing interoperability across a variety of independent blockchains; they claim you can bridge more than 50 assets among 15 blockchains such as Bitcoin, Ethereum, Polygon, Arbitrum, Litecoin and ... Anyway, as we can see from the chart, PNT been descending for a while. It...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.3875). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Eidoo/Dollar 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...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.3875). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Eidoo/Dollar 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...
Trading 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...
Trading 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...
I'm hunting for deals today! Next up is P Network prior to the migration from Eidoo, it had a super bullish run. I'm using the EDO chart from Bitfinex, but the numbers are about the same on Binance. Hit the bottom of this trend line, again, may take some time but if seems like a place to long.
Trading 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. ....
Trading 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 pNetworktoken PNT is the successor-Token of Eidoo. Since the beginning of the listing of PNT at Binance on June 22nd, the price has already risen by 100% (see monthly chart below). But given the hype surrounding DeFi, this could be just the beginning. Now pNetwork has announced a yield farming program called Steroids. This program is to run for one month...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOUSD 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOUSD 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...
Pretty good trade location for shorts. Right now in a pocket between 61% and 78% of a previous bear move. Bear divs on daily, and on 4 hour. We had 4h RSI breakout, and price action breakout, but it seems more like a fakeout, liquidating all shorts up there. Also price is now at the horizontal resistance, and upper fib channel. A lot of talk recently about $EDO...
Eidoo (EDOBTC) is now challenging EMA100 (blue line) while printing really high volume... This altcoin pair can produce additional growth. Looking at the chart above, I've marked the main two targets for this breakout. The first one is sitting at 0.00004485 for 88% of potential profits. The second target is sitting at 0.00006480 for 172%. Conditions for change...
You can see EDO has started it's track to the 0.618 fib retracement level on the smaller fib retracement indicator, much like the rest of the alt market. The EMA 10 in blue has crossed the MA 21 in orange and also the MA 55 in purple and EDO is trading above all 3 of these indicators. The red horizontal line indicates major resistance which is also at the 0.618...
THIS IS A BIG PICTURE: Looks like this is a undervalued gem. ICO Price was 2.3% (now 0.2$) 1-1.5$ should be ok
it's now a good entry point. You can trade this coin on bitfinex with USD pairing and with longs/shorts. That's make it to a serious investment. Atomic Swap, Exchange, Wallet and many other working features. good luck.