Block-Head

30% EDGE profit potental!

Long
BITTREX:EDGBTC   Edgeware / Bitcoin
Nice opportunity to profit from EDGE.

Price has rejected the lower trendline boundary creating a nice morning star signal.

Now we are in a strong downtrend still so we do want to proceed with some caution. Therefore I recommend taking profits at the 38% fib retracement level as this could very well be a turning point. That's still a nice 17% profit!

Second level will be the upper channel coundary around 3600 (30% profit).

Entry: up to 2800
TP1: 3340
TP2: 3600