EGLD.USDT (Y21.P2.E1).Looking for the next long entry

Hi Traders,

This is the buy zone if you haven't bought the dip.
Similar to AAVE, its forming a macro bullish re-accumulation structure and the buy zone is a per the chart.
However I would put a stop loss under $129 (as its always possible BTC would make a dip for the last time, but I doubt it).

What's going for it? and how to trade this?
It depends on your strategy.

1) Buy now, as its on a support level and just HODL;
2) Enter after breaking the 0.5 fib level and black resistance trend line ;
3) wait for another formation on the 1 hrly timeframe
OR 4) wait and look for a bullish 2x 4 hrly candle combination here

All the best,

S.SAri

İşlem aktif:

hit my 1st target with the 0.618 fib and or inverted bar pivot point.