Cris_Crypto

EGLD to bounce off the .5 fib and support?

Long
BINANCE:EGLDBTC   EGLD / Bitcoin
After a huge volume packed rally, we had a correction on EGLD, volume for the correction is far less than that for the bullish impulse leading me to believe this could be a standard ABC correction.

Whatsmore is that the previous local high is lining up nearly perfectly with the .5 fib mark which is typical for an ABC correction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.