Technical analysis by CryptoPummel about Symbol EGLD: Buy recommendation (10/12/2024)

Heikin Ashi weekly S/R levels are determined by red bars with no wick after an uptrend.Those levels coincide EXACTLY with all the retracement Fibonnaci levels from current swing from the latest high. To me this is a signal that don't go lower. Note as well the bullish divergence that already started a bullish rally previously.Close to the recovery!