EGLD / TetherUSLong
đź’ˇDon't miss the great buy opportunity in EGLDUSD @ElrondNetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (245.69).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSDis in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 58
Take Profits:
TP1= @ 265.92
TP2= @ 284.29
TP3= @ 298.32
TP4= @ 314.00
TP5= @ 330.26
SL= Break below S2
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