Long
EDO/USD - $1.65 - $2 target by Aug 1 possible
EDOUSD could see $2 by August 1 2019
Could July be the month alts catch up to BTC?
EDO's USD price is clearly on a run, all though that has more to do with the rise of bitcoin's price.
If the current trend (blue arrow line) remains intact, it leads right to $2 by August 1.
EDO loves to post shooting stars however, so it's likely the $2 price target is hit much sooner. Within 3 weeks from today - June 22 is possible.
Other indicators:
Price has closed above top orange line.
Green crossed the lower orange line on the last pump and we are probably within 3 days of the blue crossing orange along with green crossing red.
There was also a golden cross a few days back.
Could July be the month alts catch up to BTC?
EDO's USD price is clearly on a run, all though that has more to do with the rise of bitcoin's price.
If the current trend (blue arrow line) remains intact, it leads right to $2 by August 1.
EDO loves to post shooting stars however, so it's likely the $2 price target is hit much sooner. Within 3 weeks from today - June 22 is possible.
Other indicators:
Price has closed above top orange line.
Green crossed the lower orange line on the last pump and we are probably within 3 days of the blue crossing orange along with green crossing red.
There was also a golden cross a few days back.
Note
It's looking like June 25 for the breakout. If not the 25th, then the 26th.Take a look at the fib time :)
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.