🔥 EGLD Bullish Channel Continued: P2

Around a week ago I made an analysis on EGLD. I argued that there was a decent chance for the price to follow the bullish channel in the near future.

In the end, the price needed one more re-test of the channel's support line to confirm the trend.

As it stands now, a bullish reversal is in place, and we're looking at a decent upside move. First, the $255 resistance has to be broken, which I think won't take much longer. Main target of the current move is $300, the current ATH.

Happy trading!