EGLD has retraced to the long term resistance line (2px golden line on the chart) that the price has broken out of as of last month. If it holds, this would indicate a very important support/resistance flip.
On lower timeframes (2H, 4H, 8H) the price action seems to have bottomed, while at higher timeframs (3D) there is still not a reversal sign on momentum indicators (MACD and WT-Cross). Together with the last published idea at the .618 fib, this would be a great price to buy back Elrond. Long term, the only way is up with this developer team!
NFA
On lower timeframes (2H, 4H, 8H) the price action seems to have bottomed, while at higher timeframs (3D) there is still not a reversal sign on momentum indicators (MACD and WT-Cross). Together with the last published idea at the .618 fib, this would be a great price to buy back Elrond. Long term, the only way is up with this developer team!
NFA