Going to play long on EDO here and this is for today only as bfinex goes on maintenance tomorrow and I wont have any open orders (except buy orders for NEO at $4 and ETC around 2 or 3 just to take a chance of grabbing something weird)
You can see it has tested this line lots of times, should it break it target is $1.24 for 25% gains.
$1.40 is the top of this range.
Using a SL as it could just as easily go against.
vs BTC
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Going to close this sometime this evening whatever happens. Target is $1.24
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So broke my own rules and didn't close shit. But nothing happened like it did when bitmex done maintenance. Next time they do close your margin plays or get rekt! Ill try find the image but last time they did BTC shot up, XRP/TRX shot way up was 1 bar but went up 100+% and would of REKT all short positions. Anyways this is my thoughts on this for now. Not looking great but lets see how the next few hours go.
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Bit pissed I missed this, was too greedy, I figured it would hit $1 first. greed and 5 cents later could already be in a good position. Looking to buy around 1.06 and target is $1.40
@sykes They also posted on twitter that they are going to announce some good news, so pump might continue as you predicted upto 1.4$
CryptoCreepya
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@sykes but don't you think btc will drag it down if something goes wrong in next 24hrs
CryptoCreepya
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finallys you are here XD i refreshed this page like 20 times tilll now for your update :* thanks
sykes
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@CryptoCreepya, Just trying it, do a search on what happened when Bitmex last went into maintenance, lots of people got REKT bad cause people messing. So tonight I plan on having nothing open just some wild buy orders like NEO 4$ and some things (went to that before on Bitfinex). But yeah everything is BTC related, this just looks like it wants to break it and if it does I think it spikes.
@CryptoCreepya, My thoughts, I wouldnt be messing with this if it breaks down too much more.
So can be still bullish cause its in the golden zone of the fibs from this break. So can bounce and the target if it did is on the fibs. Its also the target of the break you see from the addon script.
Watch some of these videos you will learn alot more from these guys than you can from looking at charts on here.The * ones are especially good.
@sykes, lmfao. thought of selling at previous dump candle @0.91 but stopped my self and my order gotfillded at 1.236 XD. should i re-enter or stay away for now?
sykes
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@CryptoCreepya, Would leave it for now, keep an eye on it see if it turns from breakout around $1. Make a pullback like a bullflag. Then if it goes again look to the left for levels to hit.