OweKJt88 big

EGLD bull scenario 25th of July 2021

Hi guys,

We can observe that EGLD broke out of the descending channel , did a te-test and continued higher. Also an inverted h & s that already broke to the upside.
I am very bullish on the project for the next 40 to 60 days ( DEX is coming out next month ). Very low supply – under 30 mil.

Bull over 107 $ with a target in the 160$ area in the next 4 to 6 weeks.
Bear : under 73$ with some support at the 54$ area.

Not financial advice, trade safely guys.

Next resistance levels are the FIBS on the chart : 95$, 103$, 112$, 125$