A possible Wyckoff Accumulation on EGLD/USD in the next coming mouths.
A invalidation can be when is not able to reclaim 38$ level
Let`s see how is playing out !
A invalidation can be when is not able to reclaim 38$ level
Let`s see how is playing out !
Trade active:
#EGLD - is following its accumulation pattern and continuing its bullish movement. However, considering that BTC might experience a pullback, there is a high chance that EGLD will follow suit. Therefore, it's important to keep an eye on what BTC, the market leader of cryptocurrencies, is doing. EGLD has had a beautiful accumulation pattern, and it is still following its trajectory. It is important to be careful and not make hasty decisions based on speculation.
Trade active:
EGLD - to continue he's bullish movement, it needs to break through the $45 level and use it as a support.