hey traders
as u can see prie break down the fib ext at 52 $
also we can see potential Swap area at 46.68
so we can expect EGLD Dump 55% to the Ywllow Dynamic lvl, wich is trend confirmation, after that, need confirmation
sure, there will b an update if we get there
after close candle rather 205$ EGLD continous bull and close at 298.5$ and corection again. to 225$ ema 200. and break move to 329$ to create big big bearish divergance and mey-july last week welcome to big dump for EGLD.. and than when buy EGLD ? best price range 72-86$ and hold till 2023 feb-maret and target major 924.26$ this is big target .
EGLD 3H support is at ~$272
Enter 50% here
and try to set some buy orders near the support zone
If EGLD holds above the trendline,
the Take-Profit target would be $299, $326, and $353
Cheers
Shorting Elrond.
1st target - 80, when the price reaches the first target I'll move sl to the entry price.
2nd - 69
3rd - 60
4th - 54
If this is a real bear market, I'll start accumulating this asset at ~$11.
Not financial advice.
