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EDG

Edgeless Long-Term Chart Mapped | Over 32,200% Potential ProfitsHere we have the chart for Edgeless (EDGBTC) which is available for trading on Bittrex and is now showing some bullish signals... Prices are trading above EMA10 and EMA50 while EMA100 (purple) was challenged today. The black line is MA200 and our stronger resistance indicator. When this level is conquered, we will see EDGBTC go much higher... Below you can find the long-term charts with our targets marked and potential profits. Edgeless (EDGBTC) Weekly: Weekly Long-term (Over 32,000% of Potential Profits): Thanks a lot for reading. Namaste.
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by AlanSantana
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Edgeless Hitting Resistance LevelAfter Edgeless coin hit the bottom at $0.267, back on the 29th of June, price went up and broke above the 50 Moving Average. But price found the resistance at 61.8% Fibonacci retracement level, that is $0.37.  Currently EDG/USD is right at the downtrend trendline, which if rejected, could result in the correctional move down or a continuation of a downtrend. At the same time, price might close above the recent high at $0.377, which would result in a break above the Fibonacci resistance and the trendline. In this case uptrend continuation will become highly probable and should send Edgeless coin up to the next resistance level, that is 38.2% Fibs at $0.46. This resistance could play a key role in further price development as the daily break and close might confirm the uptrend and eventually send the price to the new all-time high.
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by CryptoPAMM
Edgeless VS Bitcoin Uptrend ConfirmationEdgeless coin seem to have formed a strong bottom at 6.5k satoshis area. This level has been rejected multiple times, starting back in October 2017. Today EDG/BTC showing that there might be a strong growth potential, although a confirmation of that would be required. There is minor resistance formed at 7227 satoshis. Daily break and close above that level would confirm the downtrend trendline as well as 50 Moving Average breakout. Such price action could be considered as a confirmation of either a correctional move up, or even as a beginning of a long term uptrend continuation. The first strong resistance is seen at 13.5k satoshis area, that is near 38.2% Fibonacci retracement level. Break above it should be a confirmation of the long term uptrend. On a downside, only break and close below the 6k psychological support, which is the recent lowest low, would invalidate bullish outlook.
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by CryptoPAMM
Edgeless Coin Found The SupportFinally, it seems that Edgeless coin has found the support at $0.53. This is 427.2% Fibonacci retracement applied to the corrective wave after the ascending channel breakout. The support was rejected cleanly, followed by the downtrend trendline breakout. This could indicate that EDG/USD is either getting ready or already correcting/reversing to the upside. There are two strong resistance level to watch. First is 50% Fibs at $0.84, and second is 76.4% Fibs at $1. The $1 is psychological round number and it corresponds to the channel breakout point.  At the same time, it is possible that Edgeless will consolidate for a little while or even form a double bottom before starting to move higher. But only daily break and close below $0.53 support could invalidate bullish outlook.
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by CryptoPAMM
Maybe a possibility for EDGLots of coins show the same picture today. All returning back from a long downtrend bouncing from some old and strong resistance. Same here with EDG. It found support from back to December and February and now trying to tear off the leash. Check out daily chart. I am not buying yet as waiting for verification of support level at 8500 (or maybe at 8000). Once bounce price may rise to 11200 and than even to 12400. We'll see. A lot will depend on BTC. If positive lots of alts soon will show some good moves. Be carefull and never buy before the move is confirmed. EDG may easily fall down by 26% if it fails to form an uptrend now. SL at 8300 (or 7650 if bought at 8000) N.B. Its not a financial advice. I'm sharing my thoughts for myself as it makes easier to learn by my own mistakes and headshots.
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by WiseAnalyze
Edgeless ATL Zone --> 200-450% Profits Possible Edgeless Update Retraced all the way down to the big white support box you see on the bottom of the chart. Pretty plain and simple --> ATL (All Time Low) Zone and a clear buy for me, if you'd like to trade this one. Broke out of the downtrend on the RSI already, currently retracing a bit alongside this, which we've seen on the linear Stratis chart the past days too. I'm expecting a breakout later in March on this one. Targets are: Target 1: 15.000 Sats Target 2: 22.500 Sats Target 3: 30.000 Sats
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by CryptoMichNL
Edgeless - Downside Target Reached, And RejectedEdgeless has been slowly moving downwards for the past few months. It declined from 23.5k satoshi down to the 8k satoshi level, losing 66% to the Bitcoin. Fibonacci applied to the uptrend trendline breaking point shows that EDG/BTC reached and rejected the final downside target at 0% Fibonacci, that is 8k satoshi level. This is a strong support for Edgeless and price could potentially reverse to the upside from this point. Consolidation is possible and even spikes below the support. The confirmation of the reversal could be the break above the descending channel which should push price towards 16k satoshi resistance. If the resistance is broken a longer-term uptrend might be on its' way.
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by CryptoPAMM