evasivesteering

Long EGLD

做多
evasivesteering 已更新   
BINANCE:EGLDUSDT   EGLD / TetherUS

EGLD is among the top 50 biggest cryptos, using "Sharding" protocol for rapide validation of transaction at a lower cost.

Yesterday, it broke its trendline, starting from mid May, with good confluence of volume indicators.

  • Breaking volume is two time bigger than the average.
  • OBV broke its trendline and reverses.
  • MFI broke also its trendline and reverses.
  • CMF rose from negative to positive values and this indicates buy pressure is back.

A referenced TPs (blue lines) and SL (red one) are in chart.

Al the best!
评论:
EGLD still hold the current level although CPI news. It is consolidating in a diamond pattern and a break-out seems to happen soon. I expect a continuation upward.

评论:
Prices didn't close inside the diamond (so diamond pattern is invalidated).
The good news is that EGLD closed above the EMA 50D (current support) and hold.
评论:
TP1 $57.79 was hit.
EGLD is heading the next target.
评论:
It's better to move the SL to profitable zone or stop the trade here because BTC is weak.
评论:
EGLD is still consolidating around the TP1.
With the break-out of BTC today, I think that it will break this resistance to go to the next target quite soon.
交易手动结束:
closed due to fall of biggest tech companies

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