After exiting the rising channel, Elrond formed a descending channel.
Price dropped below 200MA on 30m timeframe.
50MAs crossed down 100 and 200MAs on the 30m Timeframe.
I expect EGLD to test the resistance level, but after fixing under it will continue to fall.
Price dropped below 200MA on 30m timeframe.
50MAs crossed down 100 and 200MAs on the 30m Timeframe.
I expect EGLD to test the resistance level, but after fixing under it will continue to fall.