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Egldanalysis

Bullish Momentum Building with Inverse Head and Shoulders💎 EGLD has formed an inverse head and shoulders pattern within a support zone, aligning with its overall bullish trend. Additionally, CHoCH (Change of Character) and BOS (Breakout Sign) signals have been observed on the price chart, further enhancing the likelihood of a bullish move following a breakout above the resistance level or the neckline of the inverse head and shoulders pattern. 💎A pullback to the Bullish OB level could serve as a potential bounce point, particularly as it aligns with the Fibonacci 0.618 level. 💎However, if EGLDUSDT falls below the support zone, it would signify a bearish structure, potentially leading to downward movement in the price
by MyCryptoParadise_Nathan
EGLD/USDStarting this week I will start the technical analysis on a project that I find more and more interesting Thus ... EGLD / USD rejected from the Fibonacci 786 area on the 1 month chart and now in the long run it continues to force the 147-150 area! however, in the short term I bet on a rejection from area 126-129 to area 97-102 and from there ... UP AGAIN to 150 NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
BITFINEX:EGLDUSD
by BloomFX_SIGNALS

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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