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EGLDUSDT: BREAKOUT FALLING WEDGE, CONFIRMATION OF BULLISH BIAS?

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BINANCE:EGLDUSDT   EGLD / TetherUS
Hello Fellow Traders, here's your free outlook for EGLDUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D

EGLDUSDT is breaking out of the falling wedge pattern. Breakout of falling wedge is indicating the possibility of continuing its bullish bias. The momentum indicator starts pointing up in the neutral area, therefore, there is a probability of moving upward to the target area.

The roadmap will be invalid after exceeding the support/target area.

DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Komen:
Watch out for potential loss of momentum on EGLDUSDT.
Komen:
Support Reached, The trade is closed due to invalidation of falling wedge pattern and false break.

Penafian

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