EGLD fakeout?

Updated
EGLD broke important resistance at $53.40, yesterday, but today is below it again.
Daily candle close will confirm or not the fakeout.
Anyway do not expect huge pumps in a bear market.

Next support is at $40 and I’m sure will break it, after all.

The first crucial support to watch is around $25.

Comment
As expected fakeout confirmed!
Wait for todays close for a stronger confirmation.
fakeoutpullbackSupply and DemandSupport and ResistancesupportandresistancezonesTrend Analysis

Related publications

Disclaimer