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...
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
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...
EVX is really in a bad situation because of its ability to deeply down to 5525sts and is expected to May 30.
However, we should not lose confidence in EVX because it's moving in the Falling Wedge model, this is a strong reversal pattern but it's too early for us to buy it and hold in longterm.
Currently, the market cashflow is shifting to exchange coins and...