EDO/BTC TREND ANALYSIS AND PRICE FORECAST| FEB 9 | Long

Description

⋅ Feb 18, 2018 7:34 PM

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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Good luck! :)

Comments

coinauthority_official

⋅ Feb 19, 2018 7:48 PM

TRADE INVALID

Unfortunately we hit our stop loss! We'll be back with some better buying opportunities next time. Stay tuned! :)