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EIGENBTC

EIGEN Analysis (8H)The price seems to be in the corrective wave B, likely in the final corrective sub-wave of the larger wave B. From the green zone | which is a flip zone overlapping with the trendline | we expect a rejection to the upside, initiating wave C. We are looking for buying opportunities around the green zone. The targets are marked on the chart. A daily candle closing below the invalidation level would nullify this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
#EIGEN/USDT#EIGEN The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 1.56 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 1.71 First target 1.83 Second target 1.90 Third target 1.98
Long
by CryptoAnalystSignal
EIGEN - Box is brokenBINANCE:EIGENUSDT (1h CHART) Technical Analysis Update EIGEN is currently trading at $3.578 and showing overall bullish sentiment sentiment Price was trading inside the box for couple days and expecting to breakout from the box soon. There is a good potential for long trade here. Entry level: Candle close above $3.68 Stop Loss Level: $ Below 3.204 TakeProfit 1: $3.875 TakeProfit 2: $ 4.180 TakeProfit 3: $ 4.592 TakeProfit 4: $ 5.035 TakeProfit 5: $ 5.612 Max Leverage: 5x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades