EVX/BTC looking to go for a bounce after a slow bleed over the last few weeks. The current price of B.0001290 is in a previous price cluster that I'd expect to act as resistance. At the bare minimum I'd anticipate a dead cat bounce to bring us to target 1 at B.00020 (50%). If there is more strength behind the move the next two targets are B.00025 (90%) and B.00030 (130%). Stop losses are determined by your tolerance for loss. Money flows into the hands of the patient - find your ideal entry and wait for the payout.
Trade active:
Update: Breakout imminent - if you haven't entered a position here is a better entry. Targets remain the same.
Comment:
Going forward all my trade recommendations will be done against USD. This setup failed against BTC but at one point yielded 20% profit from entry against USD. Its now setting up to show gains against both USD and BTC.
Comment:
EVX/BTC is starting to move. This is just the beginning of a strong profitable trend.