Forex_Academy

EDO/BTC downside invalidated for now

Long
BITFINEX:EDOBTC   None
Price it has increased as the crypto market is on an uptrend on the short term. It approaches the lower median line (lml) and could jump also towards the inside sliding line (sl). I've told you in the previous week that only a valid breakdown below the outside sliding line (sl) will confirm a further drop. the current rebound it is somehow natural after the failure to approach and retest the 50% Fibonacci line of the descending pitchfork.
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