Edo consolidating around 400-440 sats 2 weeks , volume is very low so be carefull with this trade it can jump easily 10-20% Up.
Macd and Histogram is turning bullish and I expect some move Up from pattern in matter of days.
Targets can be:
1) 485-500 sats
2) 520-550 sats
3) 580-620 sats
If it continue bullish
4) 650 - 700 sats
The price action is moving within a pennant, Now formed a double bottom on pennant's support.
The MACD has also given a weak bullish signal.
Now there will be a strong breakout soon insha Allah.
The targets are:
Sell between: 0.0002330 to 0.0004075
Atif Akbar (moon333)
Not financial advice and all that jazz.
EDO is an interesting coin for it's wallet/exchange hybrid platform.
Overall, Bitcoin Dominance has broken, alt crypto cap is looking ready for it's next pump.
EDO, along with all alts, will get pumped along the way.
Quite possible it bounces today or tomorrow. Could also fall to 960 first too. Bottom indicators show...
EDOBTC has some work to do. There are some positive Moving Average signs across many Time Frames. Here are some levels that will likely provide some resistance to Bullish Momentum. It would be in the interest of Bulls to defend a shift in the structure as well as the EMA and MA.
Eidoo (EDOBTC) is printing a very strong bullish candle on the daily time frame and is becoming very promising when looking at it longer-term... Let's start with the daily.
Here we can see how EDOBTC started to move up steadily to finally reach a climax and produce today's breakout.
Volume going higher.
EDO/BTC! Upsloping trendline formed on the day chart for support. I currently think the 4hour chart will retrace to my red support line at or around .0001029 where it will bounce and hit it's first possible target at or around .0001123 - .0001173 which is strong resistance and once cleared the green resistance lines can be possible targets in my opinion. As of...
$EDO Trying to push against resistance at ~9650sats, volume is low so wait for a break above it and a potential flip R/S..
UCTS Buy signal active on the daily.
Volume is decreasing and candles does not look very strong but as it hodls ascending trendline its valid.
On the daily, we can see some bullish reversal potential.
5/20 daily closed as an inverted hammer (bullish), indicating indecisiveness.
Today's daily, 5/21 has broken above the trend resistance line and looks all set to close above it.
Major resistance is around 1000 sats. This price point was the previous low and had served as support before breaking. Now will...
$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.
Well that didn't work out. EDO broke down instead of up with BTC's mythical golden cross.
The good news for EDO is it's throwing some heavy buy signals. Based on a convergence of multiple fans and applying some fib time, EDO looks like May 14/15 for a break out.
Or break down again. This coin is tricky.