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ForecastCity
Jan 16, 2021 3:42 PM

💡Don't miss the great buy opportunity in EDOBTC Long

BITFINEX:EDOBTC240

Description

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Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000994).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. Eidoo/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 65.

Take Profits:
TP1= @ 0.00001310
TP2= @ 0.00001550
TP3= @ 0.00001870
TP4= @ 0.00002310
TP5= @ 0.00002950

SL= Break below S2

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Trade well, ❤️
ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorseidoobitcoinEDOBTCBitcoin (Cryptocurrency)
Comments
Sophi2018
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Love this chart. Thank u for sharing.
ForecastCity
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@Sophi2018, You're very welcome!
We hope you enjoy it.
Megan_forex
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Good job. Detailed and easy to read. Thanks a bunch
ForecastCity
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@Megan_forex, You're very welcome!
We hope you enjoy it.
AR_kooshani
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Good analysis as always! Simple & clear
ForecastCity
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@AR_kooshani, We appreciate your comment.🌹
Best_Forecast
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I liked your chart. it seems to me it's been plotted by professional chartists
ForecastCity
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@Best_Forecast, It's good to know you like it. We appreciate your comment.🌹
Kristalyn
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You always manage to create the most beautiful and detailed charts. And I always enjoy them.
ForecastCity
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@Kristalyn, Thanks. It's good to know you enjoy it. Thanks for your comment. 🌹
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