EGLD / TetherUS
Long
Updated

EGLDUSDT Trading opportunity

5 519
Spotted potential 5 waves correction down towards the 61.8% fib level from ATH zone. Price bounced off from important fibonanci zone of 61.8%, and the resultant from this zone confirmed major bottom to be in.

Focus on Buy Back zone to accumulate.
Trade active
Trade active
Trade active
Price break through important resistance zone.

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Trade active
Spotted bullish flag in the making, this is a good bullish continuation pattern

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Trade active
Trade active
The price has completed a significant pullback to the previously broken downtrend trendline, suggesting a potential for a substantial rally from this point.
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Trade active
snapshot
Trade active
As proposed on the last update, price did just that by testing out of the trendline and bounced, this could be the mos important zone needed for the coin for major bullish rally.

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Trade active
Price still within the demand area for potential buying opportunity. Immediate target area remain the supply area.

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