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EduFinanceAdvisor
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$EGLD Technical Outlook [1D/4H] 🔥↘️ $EGLD is entrenched in a powerful bearish trend on the daily chart. Price action is characterized by a series of lower highs and lower lows, with the asset trading well below all major moving averages. These MAs now form a strong resistance band, capping any relief rallies. The recent breakdown has been on significant volume, confirming strong seller conviction. The 4H chart shows no significant bullish divergence or reversal patterns, indicating the downtrend is likely to continue. The RSI, while oversold, can remain so during extended trends. The current levels offer a potential short setup on any retracement into the key resistance zone between $14.60 and $14.75 (previous support & MAs). The next major targets for sellers lie at $14.00 and $13.50. For any bullish reversal potential, a break and hold above the $15.10 resistance is crucial. #EGLDUSDT #Crypto #Trading #TechnicalAnalysis #DYOR
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All tp hit $CELO Follow for daily accurate signals #freesignals #dailypost
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Tp1 hit sl on entry $LRC
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Tp1 hit put sl on entry $CELO
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#CryptoRally $DYDX trade setup 🔥 Follow me for daily accurate trades
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