Welcome to this updated analysis on EVXBTC Let's get right to it!
We can buy this coin with a target at 0.00019010
TARGET: 1.) 0.00019010 2.) 0.00029098
We can AVOID/STOP loss at 0.00011241
This information is to be used for educational purposes only
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Everex ( EVXBTC ) has reached the 0.786 Fib. retracement support from the last bullish wave, which is a very important support level for most altcoins when they are retracing, a bounce can easily happen near the current price.
We have a falling wedge pattern on the above chart which is a bullish pattern. This type of pattern can lead to a breakout to the upside if it plays out. The MACD is starting to curve, clearly, and has the potential to move up. The RSI hit its lowest in 1.5 years. Volume is really low, EVXBTC can still go lower. The main signal to look for on a move to the upside is a high volume breakout above MA10.
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