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EGLD / TetherUS PERPETUAL CONTRACT
Long

EGLD - ONE LAST HIGH BEFORE CORRECTION

By DewyCandles
Updated

Expecting this 4 or approximately 3 risk reward setup for EGLDUSDT if I am not mistaken, we should be ending the wave 5-orange as an Expanding Diagonal to complete this impulse or we could see the first setup get invalidated and liquidity taken at $46-43 region to complete a Zigzag for wave C-green of wave 4-orange.

If you are taking the first setup the invalidation (stop loss) is the previous swing low or call it higher low but if you are taking the second setup the invalidation level is $28.76 on Binance perpetual.


OTHER ANALYSIS

ENJIN (ENJ) JOINING THE ALT SEASON PARTY


ICP - POTENTIAL 200 - 500% IN THIS ALT SEASON


PEPE - 751% FROM MY PREVIOUS ANALYSIS AND MORE TO COME


EOS - THE OTHER SIDE OF THE RETIREMENT SETUP


HOOK - BULLISH CONTINUATION



Note
SEE UPDATE EGLDUSDT

UPDATE ON EGLD TRADE SETUP
Chart PatternsTrend AnalysisWave Analysis
DewyCandles
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