EGLD has gone up 30x in the past two months... not bad right? :D
Now the parabola shows we may be reaching a top soon as indicated by the blue apex which I expect to provide quite some resistance.
The indicators still look very bullish, but the price actions indicates we are in the final stages of the pump and the volume on this last day has decreased, if this continues, then we will have a momentum shift soon.
We can easily still go to $250 or even $400. But then the shift will be quick and the drop very sharp. So be careful and consider taking profit if we get a last pump towards $400. Ladder your exit and enjoy the profits. No reason to risk it. If we go higher still, well, keep some coins just in case.
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Now the parabola shows we may be reaching a top soon as indicated by the blue apex which I expect to provide quite some resistance.
The indicators still look very bullish, but the price actions indicates we are in the final stages of the pump and the volume on this last day has decreased, if this continues, then we will have a momentum shift soon.
We can easily still go to $250 or even $400. But then the shift will be quick and the drop very sharp. So be careful and consider taking profit if we get a last pump towards $400. Ladder your exit and enjoy the profits. No reason to risk it. If we go higher still, well, keep some coins just in case.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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