At this point, I will be following the possible movements EGLD can make. I think the likely scenario will be to see the demand zone below (around $ 41).

If it cannot see enough demand in the demand area, I think it may hit the support of $ 39, which I have been thinking about for a long time. Therefore, I will set up accordingly.
Nota
istantanea

At the moment, my conviction that it will undergo a strong demand zone is stronger.

I will try to evaluate the first and relatively narrower demand zone, and then I will try to move my position to the strong demand zone.

If I encounter a multi-hour close above 44.15, I will turn Long.

I am not shorting at the moment.
Trade attivo
istantanea

I'm in.

Longed.

Entry: 44.37
Stop: 42.55
TP1: 46.70
TP2: 48.90
TP3: 51.00
Nota
istantanea

After I stopped on my last position, I saw that the possible demand zone turned out to a demand zone.

So I am still watching but there is an unexpected accumulation period right now.

My targets are still open. No positions for now.
Nota
istantanea

Got it.
Nota
It is wonderful to see how strong support worked again and carried until Daily block of 51 USD.
Trade chiuso: obiettivo raggiunto
altcoinscryptomarketEGLDegldusdtelrondTrend Analysis

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