The EGLD currency is at the bottom of a descending channel in which it has been moving for more than 1200 days. Positive divergences are observed on the MACD and RSI, and in my opinion, it could move towards the midline and then the upper range of the channel if it breaks its downward trendline. What is your opinion on this?
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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.