Technical analysis by CryptoPummel about Symbol EGLD: Buy recommendation (12/24/2023)
https://sahmeto.com/message/407184

CryptoPummel
Rank: 26208
Analytical Power:
0.9

I already added the comment to my other idea (linked below). A more conservative target would be 140-170$ if we are believers of the 1.618. This is when we don´t consider big wicks, we also look at the volume profile resistance levels and we look at the historical 0.618 retracement from previous all-time-high. This could be a possible channel to go there, also depending on Bitcoin ETF, when first buys will be allowed, and so on....Order cancelled
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$71.22