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🔥 EGLD Huge Inverse Head & Shoulders Pattern
EGLD / TetherUS
Long
🔥 EGLD Huge Inverse Head & Shoulders Pattern
By FieryTrading
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Mar 20, 2023
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Mar 20, 2023
EGLD has been forming an inverse head & shoulders pattern over the last 8 months. This is classically a bullish reversal pattern.
I'm waiting for the price to break out through the neck-line before considering an entry. Targets in blue.
If you're bullish, you could consider an entry around this area with a better risk-reward ratio.
Bitcoin (Cryptocurrency)
BTC
Chart Patterns
crypto
EGLD
head_and_shoulder
headandshouldersformation
Technical Indicators
Trend Analysis
usdt
FieryTrading
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