Here we go with EDO/USD - Daily. How you can see from the chart above, price has touched the dynamic support at 1,65$ and has broken the resistence put at 1,75 $. Eidoo is a ethereum wallet for mobile with over than 100k download. It does coin burning with its ICO engine (advertising for ICO straight away on their mobile wallet). Eidoo has just made a 25% airdrop...
Small trade, profit will not be as high as previous operations, but I think it can go up and even quickly, the volumes are good. I recommend keeping a low stop loss as I put in the chart, about 6%
Buy 3000-3100 sats, sell 3700-3800 sats. DYOR / YTD.
We have a nice bull-flag here on the EDO charts. This is a small-cap gem. Upcoming airdrop on May 8. Debit card coming this summer. This is a great project with tons of room to grow. I expect some more consolidation before another big move up. Do your own research, enter at your own risk. Small cap projects have big risk, but huge potential reward. Check out their...
EDO announce aidrop on May 9th, so before that we could expect significant rise. coinmarketcal.com
Overall structure of it is showing longterm trend towards a higher price. Bounced off s1 and daily pivot, riding this for a long term hold but putting under s1 in case my trade is invalidated.
EDOBTC is in a beautiful triangle right now and testet the pattern 6 times right now, which means a strong upward trend is buildung up. If the pattern is confirmed, we might aim at the target @25400sat, if not we will go down to the next suppot line. But time will tell. Trade at your own risk! Happy trading.
Think the pattern is still strong and will form, but I've never supposed it could be so diagonal.
Decentralization time! It is going to be a great month for Eidoo.Will try to catch it twice. Entered at 23, and set TP at 28.9 and SL at 20. It is much safer to wait for a second shoulder ,if this pattern will complete, but I'm taking the risk)
Signal for BINANCE:EDOBTC To trade I place 3 orders. If the order wasn’t executed, I remove it at the end of the week and see if there are other opportunities for same pair. If order was triggered I keep it till the SL or TP. Order could be modified as well depends on the market, if so I will update the trade with the comments. 1. 1% Order @ 0.0002186 SL:...
The price is breaking the resistance line and Downtrend Line. Targeting the last top. BUY NOW! Sell around 0.0003
Just look at rsi and buy wall at Binance. We have high volume last days and EDO is the only coin which didn't rise for whole time, prepare yourself for bull run folks.
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...