EGLD Price (EGLD/USDT) - The Bull Is Here, How Long Will It Stay?| FXMAG.COM

ðŸ”¥ EGLD Reversal From 1-Year Bullish Channel by FieryTrading on TradingView.com

EGLD has been trading inside this bullish channel for over a year now. Recently, EGLD has seen a lot more bullish price action coming it's way because it was rejecting a huge support area around $130.

Assuming that this is the bottom, EGLD could move all the way back to the top of the channel. Be aware that this is a long-term trade and might take multiple months to play out. Furthermore, the current market's outlook is not good. Wait for a definite change in trend before entering long-term bullish trades.

Happy trading!

Fierytrading Analysis

Experienced crypto, stock and FX trader with a focus on technical and on-chain analysis. One of the top analysts on Tradingview with daily crypto signals and market overviews.

Visit my website www.fierytrading.com for private crypto signals and fully automated copy-trading.

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elrond elgd elrond egld price