evasivesteering

EGLD ready to break out

Long
BINANCE:EGLDUSDT   EGLD / TetherUS

EGLD is still in consolidation between the longterm trendline and the EMA 50D.

Volume indicator MFI has been almost broken the resistance and so does OBV.

If break-out happens (likely), ELGD will have a good chance to reach november 2022 level (i.e +50%).

A referenced SL would be below the EMA 50D ($38.7).
Comment:
ELGD is making a nice breakout
Comment:
Retest done and ELGD is going up

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