EGLD - Never traded this coin but looks like an entry point is available. Fallen barely outside the Ascending Parallel Price Channel. Estimate of 3 weeks for recovery back to the dotted white average line inside the channel near $21.61 for a 35% possible gain.
As you can see when Bearish SuperTrend is showing red it stays red for months but when it flips to Bullish Green it produces great gains.
Was Descending for about 4 months before forming this current Ascending channel which started beginning of April.
As you can see when Bearish SuperTrend is showing red it stays red for months but when it flips to Bullish Green it produces great gains.
Was Descending for about 4 months before forming this current Ascending channel which started beginning of April.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.