EGLD broke important resistance at $53.40, yesterday, but today is below it again.
Daily candle close will confirm or not the fakeout.
Anyway do not expect huge pumps in a bear market.
Next support is at $40 and I’m sure will break it, after all.
The first crucial support to watch is around $25.
Daily candle close will confirm or not the fakeout.
Anyway do not expect huge pumps in a bear market.
Next support is at $40 and I’m sure will break it, after all.
The first crucial support to watch is around $25.
Note
As expected fakeout confirmed! Wait for todays close for a stronger confirmation.
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Related publications
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.