MyCryptoParadise_Simon

EGLD/USDT bullish journey what next? ๐Ÿš€EGLD Analysis

Long
BINANCE:EGLDUSDT   EGLD / TetherUS
๐Ÿ’Ž Paradisers, keep your eyes on #EGLDUSDT as it's creating a stir in the market! With its sights set on a formidable resistance, we're on the cusp of a potential bullish surge.

๐Ÿ’Ž As we chart #EGLD's path, it has been moving through a descending channel but is now poised to rebound at $0.6212, ready to challenge that key resistance again. A successful breach could ignite a rally, pushing EGLD towards the resistance target of $.7699.

๐Ÿ’Ž Experienced #EGLD traders are familiar with the market's unpredictability. If our breakout attempt falls short, pivoting to a bullish recovery strategy from the support level at $0.5687 is essential to stay prepared for what's next.

๐Ÿ’Ž Should #EGLD drop below this crucial point, a strategic overhaul may be in order. Such an event would necessitate a reevaluation of our bullish outlook, calling for an updated approach to align with the evolving market dynamics.
Trade closed: target reached:
๐Ÿ’Ž Another win! #EGLDUSDT up 36.77%, as forecasted!
Comment:

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