🔥 EGLD Inverse Head & Shoulders: Bullish Price Action

2 באוג׳ 2021

Since the drop late May, EGLD has formed a bullish inverse head and shoulders pattern. With EGDL on the verge of breaking through $100 and BTC showing the most bullishness in months, there's a decent chance for EGLD to see some strong gains in the near term.

First target would be the $120 resistance. Second, longer-term target is placed at $150. We'd need some strong price action from BTC in order to reach the second target.

Happy trading!