EGLD Ascending Triangle
Tracing a fibonacci retracement we see that the main targets of the ascending triangle coincide with point 1 fibonacci and 1.618 and also with the pivot points.
If the news of the Dex arrives early next week, I believe we will have enough volumes to support this price growth.
Even the indicators do not look bad, the RSI is at 56.84 on the Daily, and it still has a lot of room for growth and the MACD if supported by growing volumes will make the bullish cross.
If the news of the Dex arrives early next week, I believe we will have enough volumes to support this price growth.
Even the indicators do not look bad, the RSI is at 56.84 on the Daily, and it still has a lot of room for growth and the MACD if supported by growing volumes will make the bullish cross.
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