Starting 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...
Advice: shorting in an uptrend is fucking risk. I suggest use less amount and tradw with only money which you can afford to loss
Based on the current technicals this could breakout 72$ levels soon and reach new heights for short and long term.... May be even 100$. This is not any recommendation, do your own research before investing.