A while ago I made an analysis on EGLD. I argued that EGLD was still trading inside a bullish channel and that bullish price action was to be expected.
Sadly enough, price action died down after I made the call, and we moved back down.
However, EGLD has once again bounced from the bottom trend line of the channel, causing another huge bullish move.
For this analysis I want to keep the targets a bit closer. First target at $255, second at $300 (current ATH).
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.