๐ฅ EGLD Bullish Channel Update: Huge Move Coming
A little while ago I made an analysis on EGLD and the long-term bullish channel it was trading in. Since my last analysis last week, EGLD has gained over 20% and is one of the major gainers of the current market.
I'm making this post to inform you that we're closing in rapidly on the $200 resistance area. This area is a previous local top, as well as an important round number. Expect traders to take profits, which will lead to a reduction in value.
The bounce down after hitting $200 might be a good time to load up in case you're planning to DCA. Keep an eye on the overall market.
Long-term target is still the top of the channe.
Happy trading!
I'm making this post to inform you that we're closing in rapidly on the $200 resistance area. This area is a previous local top, as well as an important round number. Expect traders to take profits, which will lead to a reduction in value.
The bounce down after hitting $200 might be a good time to load up in case you're planning to DCA. Keep an eye on the overall market.
Long-term target is still the top of the channe.
Happy trading!
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๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: www.fierytrading.com
