🔥 EGLD Bullish Channel Continued: P2
Around a week ago I made an analysis on EGLD. I argued that there was a decent chance for the price to follow the bullish channel in the near future.
In the end, the price needed one more re-test of the channel's support line to confirm the trend.
As it stands now, a bullish reversal is in place, and we're looking at a decent upside move. First, the $255 resistance has to be broken, which I think won't take much longer. Main target of the current move is $300, the current ATH.
Happy trading!
In the end, the price needed one more re-test of the channel's support line to confirm the trend.
As it stands now, a bullish reversal is in place, and we're looking at a decent upside move. First, the $255 resistance has to be broken, which I think won't take much longer. Main target of the current move is $300, the current ATH.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.