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 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 levels are inline.
The support remains between btc 0.00028 and 0.00024 and only break and close below could invalidate outlook.
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