XLNCTrader

eGLD Retains Ascending Channel Support

Largo
XLNCTrader Actualizado   
BINANCE:EGLDUSDT   EGLD / TetherUS
eGLD had a parabolic move on the launch of their latest service of the Elrond Blockchain - the Maiar DEX. After the inevitable retrace, it has found support at the equilibrium of the long term ascending channel. Looking for a continuation of the long term bullish outlook as long as the overall macro picture for the crypto markets is held.
Comentarios:
*** update, the upward move is invalidated if the mid line is lost. Would be looking to set bids at around $128 if this plays out.
Comentarios:
Update to this - followed invalidation and filled bids at $125. Fib extension levels and midline of the channel will be lines for TP.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.