In half an hour time frame
The price can start its upward trend after dealing with 149.50 and 150.50
Targets can be 167.65-176.25-181.56-246.00-500.00 in order of prices.
Also, the fundamental of this Quinn is excellent.
In this analysis of fib retracement and fib channel
If this area is broken, this analysis is canceled
if EGLD does What I think it's about to do we're going to potentially see some very nice gains! On the daily chart we can see the Mac D curling up , along with EWO , already checked the 30 , hourly , and 4h charts. All look bullish to me. Good Luck, cheers!
Hi every one
EGLD / TETHERUS
EGLD/USDT has formed an ascending triangle which is a bullish pattern! the price can increase as much as the measured price movement (AB=CD) but only after the break out happens we can be sure about the bullish movement!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
EGLD has been trading in the same channel since February. Good new for us is that this is an ascending channel. Additionally we have testing the middle of the channel multiple times over the last three months and each time we have been rejected. This is not that big of a deal since a move back to the middle of the channel from our current price is a 60% increase...
We are still in the Rising wedge inside another Rising Wedge and the price is going up and the Volume is decreasing afected by the compression. It can be interpreted has a bear Flag too.
For me this is a Bull TRAP. The 0.85% is the Ultimate fib in a bearish Zig Zag which is 221.70$.
The pole of the bear flag bring me to the Golden pocket and the...
Egld broke up from the descending channel as we thought it would last week accounting on the bullish div spotted previously.
targets a re shown on chart, we expect a re-visit to the 225$ levels if it can maintain the volume and BTC doesn't ruin the party.
Trade safely guys, this is not financial advice.