EGLDUSDT Probabilities for a 60% Upswing
Updated
EGLDUSDT persists in honoring the uptrend trendline, maintaining movement within a long-term ascending channel. Notably, the previous supply zone has transformed into a respected demand area, significantly bolstering the likelihood of sustained uptrend continuation.
This favorable price action significantly heightens the probability of a 60% price surge in the imminent days or weeks. The key resistance at the $75 area, validated by a double Fibonacci level, stands as a crucial indicator for potential price movements.
In summary, EGLD appears notably positive at this stage, with an evident uptrend, demand zone validation, and potential for significant growth.
This favorable price action significantly heightens the probability of a 60% price surge in the imminent days or weeks. The key resistance at the $75 area, validated by a double Fibonacci level, stands as a crucial indicator for potential price movements.
In summary, EGLD appears notably positive at this stage, with an evident uptrend, demand zone validation, and potential for significant growth.
Trade closed: target reached
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