EGLD long$EGLD is bouncing off the support level. Bullish movement to resistance level at 57$ is possible.
Elrong
#ELROND #EGLD DAILY ANALYSIS#ELROND #EGLD DAILY ANALYSIS
Considering the channels drawn for EFLD as well as the use of Andrew's pitchfork, one can expect price growth. Two entry strategies are suggested. One step entry from the current price to $ 184 with a stoploss of $ 150 and the other entry in case of resistance breakdown of $ 270 with a loss limit stabilized below the last price floor created before 270.
TARGETS:
1- 440$
2- 520$
3- 630$
TIME: 1-3 M
#ELROND #EGLD Possible targets for 2021#ELROND #EGLD Possible targets for 2021
TARGET1: 400 $
TARGET2: 800 $
TARGET3: 3900 $
TARGET4: 19900 $
TARGET5: Above 50,000
STOP LOSS: UNDER 70$
