After some correction(between 0.68 0.7 fibo) finally EGLD broke downtrend in daily timeframe , can wait for close weekly candle and make long trade only for 500% profit , KEEP TWO EYES ON :)
💎Technical Analysis Summary💎
BINANCE: EGLDBTC
-EGLD is back from its previous minor consolidation last June 2020
-This is crucial, because if this level of support failed
-The next potential support below is somewhere around 300s sat
-That is quite a heavy downward move if it happens
-The Altcoin market is too Bearish as of this moment
-So buying at key...
💎Technical Analysis Summary💎
BINANCE: EGLDBTC
-EGLD is on a strong downtrend
-The price is currently trading in a ranging channel
-It will either break to the upside or downside
-So to protect your self from the wrong direction
-Waiting for the breakout direction is the is the best option
-If the market breaks to the upside above the channel box
-That is good...
EGLD LEAVE GREEN CHANNEL AND NOW INSIDE YELLOW INSIDE AFTER BREAK SUPPORT AT 0.001500 NOW TO RETURN TO POSITIVE UP TREND MUST TO RETURN GREEN CHANNEL ..
EGLD STILL INSIDE CHANNEL IMPORTANT POINT NOT BREAK AND CLOSE 1 DAY LOWER 0.001500 ,
OTHER STILL POSITIVE BECAUSE MAKE CORRECTION UNTIL NOT BREAK LOWER POINT ON RED LINE
MOON TARGET SHOULD BE LEAVE CHANNEL AND CLOSE 1D
GOOD LUCK AND TRADE SAFE
