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Elrond: Bearish of Altcoins Doesn't End Yet, Going to Under $30?

Short
BINANCE:EGLDUSDT   EGLD / TetherUS
Hello Fellow Elrond Coin Investor/Trader, Here's a Technical outlook of EGLDUSDT!

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EGLDUSDT has broken out of a rising wedge pattern. Furthermore, The MACD indicator created a death cross, indicating potential bearish movement ahead.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/resistance area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"

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