Hello traders 🐺 .

In this idea I want to talk about one of the very good project ( EGLD ) and in my opinion this coin have great potential for the very great pump , so stick with me until the end of the idea , also don’t forgot to follow me for more support ; thank you my friends .

As usual let’s start with the higher time frame :

In the chart above you can see that , currently EGLD is trading above the weekly support and this is a good news for the EGLD holders , because in this area we have a very strong demand , from one side we have a monthly trend line and in the other side price is above the weekly support , so I think there is good chance for the EGLD to form a W pattern and start to revers from the current level .

The next important resistance is around 200$ and make sure to take some profit around the weekly resistance structure .

About the possible price targets for the EGLD I will inform you , if price success to reverse from the current level , so make sure to follow me and read my future updates about the EGLD .

Thank you guys for reading my idea , also don’t forget to like my ideas and follow me for more support🙏.