The blue dashed line on this chart marks the low that Elrond (EGLDUSD) produced back in January 2023/December 2022, this is a most important level as it precedes a bullish wave that followed a strong bear market.
Seeing this pair going below this level is definitely bad news, the good news is that EGLD is now back above it and this confirms the bullish bias.
With the bullish bias confirmed, we can expect prices to grow.
The MACD is still below zero (bearish zone) yet trending higher and already showing a bullish cross.
This tells us that the tendency is bullish and we have plenty of room available for growth.
Namaste.
Seeing this pair going below this level is definitely bad news, the good news is that EGLD is now back above it and this confirms the bullish bias.
With the bullish bias confirmed, we can expect prices to grow.
The MACD is still below zero (bearish zone) yet trending higher and already showing a bullish cross.
This tells us that the tendency is bullish and we have plenty of room available for growth.
Namaste.
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🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% OFF Discount offer now!
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t.me/anandatrades/1183
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。