EGLDUSD ❕ local downtrend

EGLD / US Dollar (calculated by TradingView) BINANCE:EGLDUSD

Solldy

After exiting the rising channel , Elrond formed a descending channel .
Price dropped below 200MA on 30m timeframe.
50MAs crossed down 100 and 200MAs on the 30m Timeframe.
I expect EGLD to test the resistance level , but after fixing under it will continue to fall.

You might be interested in …

Trading View February 25, 2022

hmmm

hmmm Bitcoin / TetherUS BINANCE:BTCUSDT grfjyttu I think Bitcoin is testing the low levels again. But this move is not strong and we will see a good return life is good

Trading View April 24, 2022

KNC / USDT Binance Futures 1D, 4H and 1H.

KNC / USDT Binance Futures 1D, 4H and 1H. Kyber Network / TetherUS PERPETUAL FUTURES BINANCE:KNCUSDTPERP aansfarhans Technical Analysis using 1D = White Color , 4H = Yellow Color and 1H = Pink Color.

Trading View April 18, 2022

Bitcoin Elliot Wave Update

Bitcoin Elliot Wave Update Bitcoin / Dollar BITFINEX:BTCUSD NICKVASS10 We continue to progress in the impulsive price action to the downside which in the larger degree wave cycle is playing out the WXY to the […]