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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