EGLD possible scenario 111% potential

EGLD/USDT possible scenarios 111% potential

EGLD in 1-day time frame getting support from 0.618 Fibo retracement level.
In case this fib level doesn’t hold SMA 200 shows a second good entry point as a DCA.

RSI: Shows divergence.
MACD: is almost at the end of the downtrend and the uptrend is on the horizon.
VPVR: shows high trading volume in current price.


Dollar-Cost Averaging (DCA) is the best strategy.


DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment. I’m only recording my personal Technical Analysis (TA) for educational purposes.

I’m researching on crypto-economy and sharing my understanding with others, therefore these are results of my research NOT financial advice.

📌In case you find it interesting please feel free to share with others.

📌You can find my other research result on: zil.ink/routinestation