EDG has finally seen some price action in the last few days, but in the weekly chart its still in a huge downtrend channel (in which it lost 75% value). If it breaks to the upside, we could see some spikes, or atleast wicks.
Nice opportunity to profit from EDGE.
Price has rejected the lower trendline boundary creating a nice morning star signal.
Now we are in a strong downtrend still so we do want to proceed with some caution. Therefore I recommend taking profits at the 38% fib retracement level as this could very well be a turning point. That's still a nice 17% profit!...
Edgeless coin seem to have formed a strong bottom at 6.5k satoshis area. This level has been rejected multiple times, starting back in October 2017. Today EDG/BTC showing that there might be a strong growth potential, although a confirmation of that would be required.
There is minor resistance formed at 7227 satoshis. Daily break and close above that level would...
Low risk and high reward in this asset, close to its historical bottom, MACD on sideways for a long time
which may be representing accumulation period. Even with bitcoin recent dump it maintained its support levels, 50% 100% 200% of sight gains