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MyCryptoParadise_Simon
Mar 2, 2024 5:03 PM

EGLD/USDT bullish journey what next? 🚀EGLD Analysis Long

EGLD / TetherUSBinance

Description

💎 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.

💎 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 CRYPTOCAP:EGLD towards the resistance target of $.7699.

💎 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.

💎 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

💎 Another win! #EGLDUSDT up 36.77%, as forecasted!

Comment

Comments
LegionQ8
Very great! So soon, price can reach your target 👍
MyCryptoParadise_Simon
@LegionQ8, Thanks mate
Xanrox
Well done, the coins is pumping as you predicted!
MyCryptoParadise_Simon
@Xanrox, That is the best feeling
FirstNameHelen
Nice technical analysis! And recently price rose higher than the resistance line, so soon it can maybe make a retest, as you showed, thank you! ❤
MyCryptoParadise_Simon
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