Decision time

4 Mar 2021

This week will be deciding for EGLD. On 1W chart we can see strong support at 130$ and strong resistance at 154$. If we will be able to close 1W candle above 154$ this is bullish signal for me and we can reach new ATH (where for me it should target around 270$). If this will fail there is a chance that we will retrace to another support level which should be found at 64$ which was already tested once