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Edgeless Coin Might Go Supersonic

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Following the previous idea on Edgeless Coin, it has reached the upside target at $1.6 and broke above it. Currently, it is finding the support at this level, which previously acted as a resistance. 

$1.6 could be the starting point for Edgeless to start moving at the supersonic speed towards the $5.5 upside target. This resistance level is supported by two Fibonacci retracement levels, first 1127.2% and second is 427.2% applied to the corrective wave started in September.

Edgeless indeed looks like a very attractive investment opportunity with the potential gain of 250% over the USD. The only way it could reverse down is if price breaks below the $0.6 support. But at this point, EDG/USD is extremely bullish.
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Rejecting support, getting ready for a rally
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It has begun@!
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Slowly, but surely moving up... could accelerate now
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First strong resistance at $4
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Still looks very very strong.. waiting for the fist target
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Edgeless corrected back to the support and it is still strong and expected to go up

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.