EGLD / TetherUSUpdated EGLD: Speculation or bearish retest???
the weekly candle is clearly bearish and retests the base of the Triangle?? / H&S ??.. that which is...
the fact is that resistance exists and the candle is a bearish Shooting star
from a non-technical point of view, EGLD is still little capitalized and is evolving as an ecosystem, so it is possible that a phase of FOMO has been discounted and therefore it is a signal of "cleaning" and not bearish
the fact is that resistance exists and the candle is a bearish Shooting star
from a non-technical point of view, EGLD is still little capitalized and is evolving as an ecosystem, so it is possible that a phase of FOMO has been discounted and therefore it is a signal of "cleaning" and not bearish
Trade closed: target reached
First target reachedFailure H&S
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.