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Weekly forecast Eidoo / BIT technical chart
Symbol EDOBIT

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 17, 2020 - 15:35
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 6.26310, beginning of uptrend is expected.
  • We make sure when the resistance at 26.94035 breaks.
  • If the support at 6.26310 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 12.30000 on 04/10/2020, so more gains maximum to Major Resistance (26.94035) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 61.

Supports and Resistances:

  1. 471.63485
  2. 299.67255
  3. 246.25370
  4. 193.08210
  5. 158.95440
  6. 127.35505
  7. 94.36750
  8. 70.80565
  9. 57.59150
  10. 38.32570
Click on the level to view price action history.

Symbol Released Current Forecast
Eidoo / BIT (EDOBIT) Sun, 28 Jun 2020
Eidoo / BIT (EDOBIT) free Sun, 21 Jun 2020
Eidoo / BIT (EDOBIT) Sun, 14 Jun 2020
Eidoo / BIT (EDOBIT) free Mon, 8 Jun 2020
Eidoo / BIT (EDOBIT) free Sun, 31 May 2020