Senturko

EGLD Is Under Heavy Accumulation By The Bulls

Long
Senturko Updated   
BINANCE:EGLDUSDT   EGLD / TetherUS
ELROND (EGLD) has been making a health correction for a long while after making a spike up in price and melted faces off. It has been under heavy accumulation since then and it is running out of room withing a text book falling wedge.
Set your alerts on TradingView to catch the breakout and enjoy the ride.

Comment:
CORRECTION: It has to be "exaggareted bullish divergence". Sorry for the misspelling.
Trade active:
Price action started to move up as expected thanks to the DeFi news released by Elrond team. Congrats to those who took the trade!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.