Volume might get higher or not but, where is that FOMO?
Ladies and gentlemen we have a new resistance in the house
FOMO might come soon when BTC gets a little bit high
Rejected with low volume and the triangle is closing
I would not expect resistance to be broken since volume is not enough for that. Market will determine if there will be enough volume for the next test
Lots of coins show the same picture today. All returning back from a long downtrend bouncing from some old and strong resistance. Same here with EDG. It found support from back to December and February and now trying to tear off the leash. Check out daily chart. I am not buying yet as waiting for verification of support level at 8500 (or maybe at 8000)....
This does not seem healthy atm.
Edgeless Update Retraced all the way down to the big white support box you see on the bottom of the chart. Pretty plain and simple --> ATL (All Time Low) Zone and a clear buy for me, if you'd like to trade this one. Broke out of the downtrend on the RSI already, currently retracing a bit alongside this, which we've seen on the linear Stratis chart the past days...
The price broke Fib 0.382 resistance and is heading to the next level. Indicators (Stoch RSI, EMA, MA and Ichi cloud) show that there should be a little consolidation before growth, then our targets will be reached.
Edgeless ( EDG ) · Loop A.I. Indicator: Sell volume decreasing. Price slowly moving up. Positive market sentiment. Signal: Likelihood of price increase: 69%
This is a huge falling expanding wedge and EDG have break out the resistance on a daily chart. If BTC would go sideways a day or more, EDG would rise 10-20 minimum.
Edgeless has been slowly moving downwards for the past few months. It declined from 23.5k satoshi down to the 8k satoshi level, losing 66% to the Bitcoin. Fibonacci applied to the uptrend trendline breaking point shows that EDG/BTC reached and rejected the final downside target at 0% Fibonacci, that is 8k satoshi level. This is a strong support for Edgeless and...
Edgeless on the 4 hour and daily looks amazing. Stop loss could be at 11k or so to be safe for false trigger and still huge risk reward. 200%+ to ath which aligns well with the flag pole of the bull flag. Will take partial profit at upper trend line.
A chance for trend reversal but wait for macd to confirm. And there will be a news tom jan 24th, 2018 so watchout don't buy without the confirmations and observe first when the strong support breaks
first support 0.00019000 second support 0.00024000 I have free telegram signal channel t.me
RSI and MAC look solid. Bouncing and consolidating on the strong support at around .0001380. Could see big returns from this coin.
$EDGBTC long idea. Buy under 0.00016. Symmetrical triangle pattern. New game and platform announcement in January.