Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLD/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.001260
TP2= @ 0.001480
TP3= @ 0.001740
TP4= @ 0.002580
TP5= @ 0.002580
TP6= @ 0.002900
SL= Break below S2
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