We shared a chart recently from Everex (EVXBTC) and its price moved and generated us a nice 50% profits by reaching all the way up to 0.000126.
After we hit each target, there comes a retrace, and this retrace took Everex's price all the way back to our original buy-in... So here is our full trade for Everex (EVXBTC) so you can enjoy the complete ride on the way...
The priceline is hitting the support of parallel channel after Feb 2019.
Here the MACD's histogram has given weak bullish signals which is giving indication that the bears are losing control and soon bulls will take the charge insha Allah like after Feb it happened.
The stochastic is already in oversold zone and has given bull cross.
There is also a double bottom...
Trading Signal - BUY
My buy price - 12145
My (Trailing) Profit Take - 12508 (3% Profit deviation)
My (Trailing) Stop Loss - 11400 (Trailing stop loss activated)
For both my Profit / Stop I use a so called Trailing Profit Take or Trailing Stop Loss to Maximize my ROI!
This is made possible by 3Commas.io A very easy to use solution for automated...
$EVX Found support at 8100sats and now is trying to build some momentum to the upside...
Volume is really low right now so careful...
Flipping 11600 sats is key for continuation (and potential entry)
#EVX has some hot events during June that could act as catalyst aswell..
Seems it found a local bottom and start forming uptrend on daily closes
will be buying the pullbacks, targeting a bounces to .236 & .382 Fib levels for 40 - 70% profits within 1~4 weeks
invalidation: new lows
#EVX - A beautiful bottom formed and being squeezed between the ma200 and 50 on the 4H chart. Currently, Bitcoin is kind of unstable, but I wouldn't forgive myself if we didn't even try to take this opportunity.
1st TP: @ 0.00009718
2nd TP: @ 0.00010249
3rd TP: @ 0.00012061
Stop loss: @ 0.00008772
CryptoCue is not providing investment advice...
Weekly chart looks great, found support at the EQ of the Weekly order block.
Exchange release end of this month so FA is strong.
I have a target set at the next weekly order block, works out around 50% upside if we get there.
I love to see the setup here and speculative opinion behind Everex.
It is where pump and dump orchestra happened very quickly sometimes, you only need to understand when is the good momentum to get in. By that being said, I bet the price will go to my 0.3 fibonacci level. Yes, it's already up like +8% of it, but there is still more room for growth. My target will...