riceline of Eidoo / Bitcoin cryptocurrency has formed a bullish Cypher and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00003742 to 0.00003201
Sell between: 0.00004170 to 0.00005195
Atif Akbar (moon333)
$EDO Sitting at ATL BTC support at around 1k Sats...
UCTS Printing a buy signal on the daily chart after 50% drop...
RSI moving out from oversold & starting to rise
Volume for now looks low, I would like to see a break above ~1170sats as confirmation.
Hello guys, by EDOUSD we can see that it is very near to a strong support on Binance, witch is a good opportunity to buy. I could find a pattern in EDO, we can clearly see with that circles i drew! Also, i found a channel pattern( i drew it to on the chart too). Pivot Extension is pointing an entry right now on EDO!
See me previous analysis and how profitable...
. 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.
. There is a...
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!