Gan Fann, when combined with Fib time lines help us estimate the likely time and price points breakouts can occur.
The tricky part with applying fanns however is they get messy quickly.
Four fans are displayed in this example.
What this suggests is on or around April 18th we'll cross a fan line, followed by a fib line on on or around April 21st.
One way this...
I'm liking EDO rn. But I don't have a confirmation to buy yet.
- The Daily looks excellent, strong Bull-Div
- 12Hr is being held down by the Tenkan, but it is now in a tightening range
- 3Hr showing the same; Sideways action, If we get above the Tenkan we could use it as launch a launch pad to get through the clouds
Could see a move of 15-80% if we can confirm a...
1450 - 1500
Notes: After a massive BTC pump (+ 16% in less than 1 hour) that caused a dump in all the altcoins, several began to recover, we observed a good point of entry in the daily EDO support.
RSI falls into the oversold territory, comes up above the 30% mark, then there was a drop but not it didn't fall into the oversold territory again... i'm definitely expecting EIDOO to break its most recent high. Your thoughts?