Technical analysis: EIDOO/ETHEREUN is in an uptrend and the continuation of uptrend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 69. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.004580 to 0.004039). if so, traders can set orders based on Price Action and...
ascending triangle on edobtc. blue line is the target. any price under the triangle ( candle closing) is stop-loss
BINANCE:EDOBTC After dropping down 80% + , Edo back and showing some positive pattern .. Entry and exit marked on chart .. be aware any shake off happens with BTC , this trade will turn negative .. Risk proper amount of your balance .. Good Luck .. also join us for more ideas and trades setups at t.me
EDO/BTC In local uptrend Good volumes went into the coin Located in the ascending wedge Risky deal
Going to play long on EDO here and this is for today only as bfinex goes on maintenance tomorrow and I wont have any open orders (except buy orders for NEO at $4 and ETC around 2 or 3 just to take a chance of grabbing something weird) You can see it has tested this line lots of times, should it break it target is $1.24 for 25% gains. $1.40 is the top of this...
this is what it looks like to me. 50ma crossing 200ma, prices are down overall and the only other way is to go up. this is my next setup. we´ll see how it develops over the next couple days. this is not a trading advice! you trade at you own risk!
Technical analysis: . EIDOO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...
Technical analysis: . EIDOO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...
I'm bullish on this one and I'll explain why: technical: on the 1h chart the trend has now been rejected 3 times (see picture below) on the 4h chart the moving averages show a strong correlation and could reverse the trend (see picture below) furthermore, if you draw resistance lines, you can see that the course was rejected by both the lower and the upper...
So I noticed this one a few days ago and looked again last night and seen that it had hit the top of the curve, when I was looking last it was a flat bottom, in hindsight I should of bought!. I think over the next day or two this will give a buying opportunity to go long and make some nice gains, probably 40% plus. Curving out of a downtrend Building a trading...
NOT Trading ADVICE! NO targets. Just Experimenting the flow of EDO.
Eidoo has formed a strong bottom at 1000 satoshis area, which is a strong psychological support. Price managed to go below, producing spikes lower and reaching 964 satoshis, although daily close failed to get below 1k satoshis. While forming the support, RSI has produced a Bullish divergence, suggesting the potential trend reversal. The new Fibonacci Time Zone...
On the 12th of May Eidoo broke below the uptrend trendline that has resulted in further decline. Overall, since April, EDO lost over 50% to the USD and currently is trading at the support level. The support is a 23.6% Fibonacci retracement level, applied to the uptrend trendline breakout point. That is $1.19 support level, which does correspond to the mid line of...
Eidoo has been steadily declining since the end of April when price has reached 3143 satoshis high. Since then EDO already lost to BTC over 50% and it seems that the downside momentum hasn't ended yet. EDO/BTC has formed a strong resistance at 1655 satoshis, that has been rejected multiple times, with the latest bounce occurred on the 7th of July. Price continues...
Hello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. Trades this far: Day 1 BTS: +5%...
Eidoo seem to be forming a head and shoulders reversal pattern. The current support is clearly at 2100 satoshis, which also was a support back in the beginning of February. Now it could be the time when EDO/BTC is forming the right shoulder and if that is the case a correctional move down could take place. Nevertheless, the trend now seems to be bullish and price...