EGLDUSDT

At this point, I will be following the possible movements EGLD can make. I think the likely scenario will be to see the demand zone below (around $ 41).

If it cannot see enough demand in the demand area, I think it may hit the support of $ 39, which I have been thinking about for a long time. Therefore, I will set up accordingly.

Comment:

At the moment, my conviction that it will undergo a strong demand zone is stronger.

I will try to evaluate the first and relatively narrower demand zone, and then I will try to move my position to the strong demand zone.

If I encounter a multi-hour close above 44.15, I will turn Long.

I am not shorting at the moment.

Trade active:

I'm in.

Longed.

Entry: 44.37
Stop: 42.55
TP1: 46.70
TP2: 48.90
TP3: 51.00

Comment:

After I stopped on my last position, I saw that the possible demand zone turned out to a demand zone.

So I am still watching but there is an unexpected accumulation period right now.

My targets are still open. No positions for now.

Comment:

Got it.

Comment:

It is wonderful to see how strong support worked again and carried until Daily block of 51 USD.

Trade closed: target reached