i still see this Cup& Handle pattern which can bring us to 335$ and pure correlation with 161.8% of fibonnaci.
What to watch.
-Daily MA21 at 193$ (resistance)
-ema Ribbon on 4 hour (resistance)
When to get in..
-Wait for a confirmation of the breakout over the trendline or if you want to buy earlier wait for a candle close over the daily MA21.
Best to you, leave me a comment, are you Bullish or bearish short term on Elrond?
What to watch.
-Daily MA21 at 193$ (resistance)
-ema Ribbon on 4 hour (resistance)
When to get in..
-Wait for a confirmation of the breakout over the trendline or if you want to buy earlier wait for a candle close over the daily MA21.
Best to you, leave me a comment, are you Bullish or bearish short term on Elrond?
Note
If BTC go to 41k expect EGLD to test Weekly MA21 around $105
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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.
Disclaimer
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.