Hello folks! We have a really cool chart on eGLD/USDT and I fully recommend you to watch it closely for the coming days. The white descending channel has it's support at ATH candle close and it's resistance at it's peak (not exactly "ATH" - I chose the second candle on daily because the first one is the actual one that made an ATH and it's kinda irrelevant because price has an extreme low and high levels, so just ignore it). Currently, the price is sideways and it's just between 2 areas: if it breaks up $7.8, we're going first to $8.2 (38.2 fib retracement level - if this one is broke as well, then we're heading to $9.3 AND we've already changed the trend into a bullish one (because we are breaking the resistance from the descending white channel - which is important)). If we break down $7.2, we'll soon see $6.6 (if this one is broke, we are going to test the 61.8 fib extension level ($5,5)). Keep in touch and stay safe!
This is not financial advice!
Diversity your portofolio!
This is not financial advice!
Diversity your portofolio!