Solldy

EGLDUSD ❕ local downtrend

Short
BINANCE:EGLDUSD   EGLD
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.
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