Trading suggestion:
“. There is a possibility of temporary retracement to the suggested support line (157.72).
. if so, traders can set orders based on Price Action and expect to reach short-term targets.”

Technical analysis:
. EGLDUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 59

Take Profits:
TP1= @ 171.38
TP2= @ 182.99
TP3= @ 196.86
TP4= @ 214.65
TP5= @ 231.65

SL= Break below S2

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?

Now, It’s your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️