EDUUSDTEDU ~ 2D
#EDU Maintaining this demand zone,. It looks like the Bulls will start to take control of the here.
We expect an increase of at least 20%+.
EDUUSDT.P trade ideas
EDU sell/short setup (1D)Note, this is not a buy/long setup but a sell/short setup.
The EDU token is building a large liquidity pool at the bottom, eventually, this liquidity pool will be broken.
Our big structure is a bear.
We have a good supply range on the chart that if the price reaches this area, we can look for sell/short positions.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#EDU/USDT#EDU
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 0.5300
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.5760
The first target is 0.6700
The second target is 0.7526
The third goal is 0.8467
EDUUSDT.1DAs I analyze the EDU/USDT chart, a few critical elements stand out in the current technical setup:
Support and Resistance Levels:
Support Levels (S1, S2, S3): The primary support level (S1) is currently at $0.5329. This level needs to hold to prevent further declines toward S2 and S3, which are significantly lower. The breach of S1 could trigger a sell-off, making these lower supports relevant.
Resistance Levels (R1, R2): The immediate resistance (R1) is not visible on this chart, but R2 is placed at $0.7913, indicating a potential upside target if the market sentiment turns bullish and EDU can break past its nearest resistance.
Technical Indicators:
Relative Strength Index (RSI): The RSI is at 52.38, suggesting a relatively balanced market condition with no immediate overbought or oversold signals. This level indicates that there is potential for movement in either direction without much resistance from RSI extremes.
Moving Average Convergence Divergence (MACD): The MACD is hovering just below the signal line but above zero, which suggests slight bearish momentum but not strong enough for significant concern. The proximity to the signal line also indicates potential for a reversal if bullish momentum picks up.
From this technical perspective, the strategy would be to closely monitor the $0.5329 support. If this level holds, it could serve as a springboard for price to test upper resistances, particularly aiming for a breakout above the nearest resistance level to target R2 at $0.7913. Given the current MACD and RSI readings, there's a cautious optimism that suggests a balanced approach, preparing for both potential advancement or retraction based on how strongly the price reacts at these key levels.
However, should S1 fail, the downside risk increases, and it would be wise to consider defensive measures such as tightening stop-loss orders to protect against a sharper decline. The neutrality shown by the RSI provides the flexibility to adapt quickly to changes, and thus, it's crucial to stay updated on any shifts in market dynamics that might influence EDU's price trajectory. This approach ensures readiness for either continuation of the current consolidation phase or a breakout/breakdown, depending on upcoming market developments.
Edu/Usdt Is Strong The EDU/USDT pair has confirmed an upside breakout after a temporary fakeout to the downside, indicating potential bullish momentum. A projected 60-120% price surge may occur in the coming days. Keep a close watch on this development, but remember this is not financial advice—conduct your research (DYOR).
The price might approach the $0.65 support levelEDU has been trending lower after breaking the previous support level and exiting a consolidation range. This decline indicates increased selling pressure and a potential shift in market sentiment. The current resistance level is at $0.80, which acts as a ceiling preventing upward movement. The price is continuing to decline and may approach the support area around $0.65.
eduusdteduusdt is consolidatimg inside this channel for quite sometime now .expecting a breakout soon
NFA
Trade Idea for Open Campus (EDU) - Accumulation StrategyOpen Campus (EDU) is currently trading at approximately $0.495. The token has experienced a decrease of 7.40% in the last 24 hours and a 10.21% decline over the past week. Its market capitalization is about $144.47 million, with a circulating supply of 292.08 million EDU tokens out of a maximum supply of 1 billion.
Begin by purchasing EDU at the current price of $0.495. This provides a strategic entry point given the recent price drop and potential for recovery.
Plan to accumulate additional EDU tokens at lower price points if the price drops to $0.44 and further to $0.385. This strategy allows for averaging down the entry price and capitalizing on market corrections.
Establish a series of take-profit targets to capture potential gains. The initial targets are set at $0.715, $0.99, and $1.375. These levels are chosen based on potential resistance points and historical price movements.
Open Campus is a decentralized solution aimed at addressing challenges in the education sector. It empowers educators and learners by decentralizing the creation and distribution of educational content, utilizing blockchain technology to ensure fairness and inclusivity. The NYSE:EDU token is integral to the ecosystem, facilitating payments, governance, and incentivizing content creation.
The recent price decline presents an opportunity for accumulation, especially given the project's strong fundamentals and potential for growth in the education sector. The long-term vision of revolutionizing the education industry and existing partnerships with entities like Animoca Brands and TinyTap enhance its value proposition.
Accumulating EDU at strategic price points leverages current market volatility and the potential for future growth. The phased profit-taking strategy is designed to optimize returns as the market potentially appreciates, driven by Open Campus's innovative approach to education and blockchain integration.
This trade idea is based on current market data and Open Campus’s strategic positioning as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
#EDU/USDT#EDU
We have a bearish channel pattern on a 4-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.4900 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.5133.
The first target is 0.5575
The second target is 0.6000
The third target is 0.6455
Open Campus (EDU) Surge 35% As Animoca Brands Set to Buy MoreCrypto venture capital firm Animoca Brands plans to acquire more NYSE:EDU tokens from the open market, causing Open Campus ( NYSE:EDU ) to soar by over 30%. The Hong Kong-based firm, known for its blockchain games like The Sandbox and Eden Games, aims to support the NYSE:EDU Chain, a layer-3 blockchain solution designed to serve the global education industry. The NYSE:EDU price soared to $0.8, gaining around 35% in a moment.
Animoca Brands and its subsidiary, TinyTap, are launch partners of Open Campus, with Yat Siu, Animoca Brands' executive chairman and co-founder, and Yogev Shelly, TinyTap's CEO, serving as members of the EDU Foundation Council. Open Campus, founded in 2022, is a blockchain-based foundation aimed at bringing together educators, content developers, parents, and students. In November 2023, the project raised over $3 million from Binance Labs and received strong backing from Binance, with over 9 million Binance Coin (BNB) pledged by 120,000 users.
Technical Outlook
Open Campus ( NYSE:EDU ) token is up 20.21% as of the time of writing trading above the 200-day Moving Average (MA). NYSE:EDU is moving with a Relative Strength Index (RSI) of 73.94 which is clearly overbought. The token has been in a consolidation zone for over 4 weeks now gathering momentum for further growth in the long term.
EDUUSDT(OpenCampus) Daily tf Range Updated till 22-05-24EDUUSDT(OpenCampus) Daily timeframe range. not that much of holdup till 0.80564. a confirm daily close will ensure that if thats not end up in fakeout. a confirm breakout will change the recent support point but for now its at 0.50205.
#EDU/USDT is about to pump hard in 4-Hour TF!#EDU/USDT is about to pump hard in 4-Hour TF!
NYSE:EDU breaks the Diagonal Trendline and retested it. #EDUUSDT is holding PWL $0.48 as support. The local resistance level is PWH $0.578
#EDU/USDT#EDU
We have a bullish trend pattern on a 4-hour frame, the price moves based on it and adheres to its limits well
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.5750
The first target is 0.6500
The second target is 0.7200
The third target is 0.8000
$EDU looks ready for bounce Sure, here's a concise explanation of demand and supply trading in four points:
1. **Identification of Supply and Demand Zones**: Traders analyze price charts to identify areas where supply and demand imbalances occur. Supply zones are where there's an excess of sellers, causing prices to fall, while demand zones are where there's an excess of buyers, leading to price increases.
2. **Price Action Confirmation**: Traders use price action confirmation techniques to validate the presence of supply or demand zones. This may involve looking for specific candlestick patterns, volume analysis, or other technical indicators that indicate a shift in supply or demand dynamics.
3. **Trade Execution Based on Zones**: Once supply or demand zones are identified and confirmed, traders enter positions based on their trading strategy. They may sell or short at supply zones and buy or go long at demand zones, aiming to capitalize on price movements driven by these imbalances.
4. **Risk Management**: Proper risk management is essential in demand and supply trading. Traders set stop-loss orders to limit potential losses and manage position sizes to protect their capital. By managing risk effectively, traders aim to preserve capital while maximizing profits from successful trades.
EDU 12/04/2024EDU is in uptrend and our previous low is at 0.50 dollars. Price came back to the accumulation area and we filled the daily imbalances. It is good area to take action because people are in fear at the moment.
Edu fibonacci extension levels.* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
#EDU/USDT#EDU
The price moves in a bearish channel on a 4-hour frame.
The price moves within it and adheres to it to a large extent. We have higher stability, moving average 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.920
The first goal is 1.02
The second goal 1.11
The third goal 1.19
#EDU/USDT#EDU
The price is moving in a triangle on a 4-hour frame, about to break to the upside
The area in green is a very strong support area, and the price rebounded from it at 1.05
We have a downtrend on the RSI indicator about to occur. The fraction is up
We have a higher stability than Moving Average 100
Entry price is 1.06
The first goal is 1.14
Second goal 1.21
The third goal is 1.30
#EDUUSDT #EDU $EDU CUP PATTERNYou can see that there is almost cup pattern will be completed. There will be huge margin opportunity. After cup it can go to Cup target soon. DYO
EDU Surfing the Digital Currency Wave: A Strong Buy Signal EmergEDU Coin: Fundamentals, Recent News, and Disclaimer
Fundamentals:
EDU Coin aims to facilitate the education sector by providing a platform for payments and rewards.
In theory, students could use EDU Coin to pay for tuition, course materials, or other educational expenses.
Institutions could potentially reward students with EDU Coin for academic achievements or participation.
Recent News:
Unfortunately, due to the lack of a widely recognized source mentioning EDU Coin in recent searches, it's difficult to pinpoint specific recent news.
It's possible EDU Coin is a lesser-known cryptocurrency or one in early development stages.
Disclaimer:
I am unable to provide financial advice. Investing in cryptocurrency carries inherent risks, including high volatility and potential scams.
Always do your own research before investing in any cryptocurrency, including EDU Coin.
Here are some additional things to consider:
Credibility: Look for a legitimate website and development team behind EDU Coin.
Market Adoption: Research how widely EDU Coin is used within the education sector.
Security: Ensure EDU Coin uses secure blockchain technology.
Further Research:
You can try searching for EDU Coin's official website or social media presence for more information.
Look for articles from reputable financial news sources mentioning EDU Coin (be cautious of unsubstantiated claims).
Remember, investing in cryptocurrency is at your own risk.
EDU/USDT holding key demand? 👀🚀opencampus Today Analysis💎 Paradisers, gear up for an enticing trading prospect with #EDUUSDT, which currently exhibits signs of a bullish continuation from its active demand zone.
💎 Looking back at #OpenCampus historical performance, we've recognized a recurring pattern of achieving equal highs before a decline. Given this pattern, we are now forecasting a bullish move from the demand level of $0.58858. If the price maintains its momentum, we're likely to witness a strong bullish push aiming for the zone above the Bearish Order Block.
💎 However, in the realm of trading, it's essential to have a backup plan. If our primary scenario does not unfold as expected, we're prepared to see #EDU pursue a bullish rebound from a lower demand level at $0.54117. It's important to note, though, that a breach below this level might trigger a significant downward trend.
#EDU/USDT LONG#EDU
The price has moved in a descending channel since last May.
And that channel was broken and the direction changed.
Now the landing is expected to retest the new support zone
Current price 0.7500
Target 0.5000
Before completing the ascent again
For target 1.1000
Please take advantage of support and resistance points
Keep an eye on $EDU/USDTDid you find this crypto market analysis helpful? Stay updated about the latest crypto market update.
Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
TradingView: @FarmanBangashh
