Babsphoenix

EGLDUSDT; ATTEMPTING A BREAKOUT

Long
Babsphoenix Updated   
BINANCE:EGLDUSDT   EGLD / TetherUS
This asset is attempting a breakout with a horizontal , two diagonal and a dynamic resistance as hurdles. But its relatively safe to buy on the breach of the dynamic resistance (red moving average), the horizontal and the first diagonal resistance. But if the price succumbs to the resistances, the demand zone below it is another good zone to look for buy setup
Comment:
Comment:
Comment:

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.