If we take into account the technical analysis, the amount of liquidity in the 28-30k range, the global geopolitical situation, the global economic crisis, the huge inflation in the USA ... then BTC has real chances to reach the 28-30k areas as well. . This is not investment advice!
As long as BTC is not out of the downtrend and will continue to fall, then the EGLD has a very good chance of breaking the $115 level and entering the $65-110 range. This isn't investment advice!
This little bounce gives us hope for the best. We are still in the channel of decline. After reaching one of the levels marked in red, will it go down to other support levels? This isn't an investment advice!
Both the technical analysis and the spike make me believe that the FTM could reach the lower levels indicated in green.
It seems that since September 2021 we have been shown the target for BNB. However, I think that the area from 340 USD will be visited in the next period. But also pay attention to the following levels marked in green. This isn't investment advice!
If BTC continues downward channel to 30K maybe even lower, then EGLD will surely reach one of the levels we indicated in green. This isn't an investment advice!
In the very short term it's rising but pay close attention to the resistance from 215 USD. Because there are no large volumes of EGLD it's possible to stay on the downward trend towards 160 USD. This is not investment advice!
If it reaches 0.618Fb pay attention to the resistance range!
If there is no more negative news or if something serious is happening in the world, then it is good to keep in mind the following targets that BTC is heading for today.
If we do not have a sudden dump for BTC, then EGLD has the next target at 225 USD. Note that at this level there are several FB confluences which will then cause a correction (I still don't know how far but I'll update). The scenario I gave you the other day of reaching the level of 160USD-165USD remains, for the time being, valid. Isn't an investment advice!!!
You have marked the resistance limits of this bounce in red. From my point of view, the scenario of reaching the support level of about 160 USD matched with green remains valid. Isn't a financial advice...is just my opinion!!!
We missed a pump!!! If in the next 3 days you keep the 38K-41K range, we can see it towards 47K-50K between January 14th and 29th. In my opinion it can only be a bull trap. Strong resistance at $ 45,900 -46K-50K. Isn't a financial advice, is just my opinion!!!
After fundamental analysis and analysis of historical data for EGLD, I consider that this token has the chances to reach the level of 0.786 which is in the range of $ 158 - $ 165. We'll see!!! Is my opinion, isn't a financial advice!!!
As the technical analysis shows, the information from the crypto and capital market, the recent geo-political events, I think there are real chances to see a Batman in the next max.10-14 days. With red we have the resistances, and with green the possible Buy areas. There is no investment advice, only indicative levels.