riceline of Eidoo / Bitcoin cryptocurrency has formed a bullish Cypher and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00003742 to 0.00003201
Sell between: 0.00004170 to 0.00005195
Regards,
Atif Akbar (moon333)
$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
MACD rising
Volume for now looks low, I would like to see a break above ~1170sats as confirmation.
#EDO
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Hello guys, by EDOUSD we can see that it is very near to a strong support on Binance, witch is a good opportunity to buy. I could find a pattern in EDO, we can clearly see with that circles i drew! Also, i found a channel pattern( i drew it to on the chart too). Pivot Extension is pointing an entry right now on EDO!
See me previous analysis and how profitable...
BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Technical analysis:
. EIDOO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There...
Technical analysis:
. EIDOO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There...
Small trade, profit will not be as high as previous operations, but I think it can go up and even quickly, the volumes are good.
I recommend keeping a low stop loss as I put in the chart, about 6%
EDOBTC is in a beautiful triangle right now and testet the pattern 6 times right now, which means a strong upward trend is buildung up.
If the pattern is confirmed, we might aim at the target @25400sat, if not we will go down to the next suppot line. But time will tell.
Trade at your own risk!
Happy trading.
