EGLD BREAKOUT: new ATH coming soon!
EGLD has been in a very long consolidation after its surge that ended on Feb 7th with an ATH of 217$.
The bull run was very powerful; coming from 34$ on January 24th but thus overextended, hence a long consolidation period.
Now EGLD just broke out of a huge triangle and is ready to join the alt mania party for a new ATH, check chart for targets.
I am very bullish on EGLD fundamentally, token economics are great (scarce) and I believe we can see 2 to 4x in the coming months!
(obviously EGLD is bullish on the BTC pair as well with 20/30% potential gain in the mid/short term)
Happy alt days! (check my profile for more (about to) mooning alt coins)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
The bull run was very powerful; coming from 34$ on January 24th but thus overextended, hence a long consolidation period.
Now EGLD just broke out of a huge triangle and is ready to join the alt mania party for a new ATH, check chart for targets.
I am very bullish on EGLD fundamentally, token economics are great (scarce) and I believe we can see 2 to 4x in the coming months!
(obviously EGLD is bullish on the BTC pair as well with 20/30% potential gain in the mid/short term)
Happy alt days! (check my profile for more (about to) mooning alt coins)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Comment:
EGLD UPDATE: nice first test of 0.236 FIB level and coming back down to support at 174$ (exactly as stated on my chart) and will start a definitive breakout today. Buying at support now is still a good catch!
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