Symmetrical triangle pattern forming, will we break above or below? It could go either way. No break and this pattern will form into an ascending triangle, MA looks to be increasing again. RSI mid range.
Many are speculating $280 price target from the Fibonacci Projection.
Regardless this is a great project to hold onto long term, great things are coming. EDST,...
Neutral position, key things to watch for is dips below the Descending triangle pattern, and of course the break above.
BTC known to affect altcoins, any real price movement downward with BTC could cause EGLD to break below into the next support line.
Stop Limit to protect the assets.
Could have a retrace back into $43, $47. New high Low, many scenarios here as BTC could take a dump and ruin our pattern, or the Fundamentals of EGLD app release, more tech releases and news for more bullish patterns. Let the fun begin boys.