EGLD.USDT (Y21.P1.E2).Looking for the next entry

Hi Traders,

Basically looking for this level to hold as another continuation of the trend, with a lower high.
This current level might test the bottom or support level x2 before it goes up to the next level, which is likely to hold.

Alternatively, look for this.

or looking it from another trader's perspective using ema's, structure and candlesticks, we have the 1 hrly strucuture and 13/50 ema cross over, gives us more confidence

All the best,

S.SAri

Macro overview, livermore's structure

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This needs to hold.
Why I gave 2 entry points is related to risk. Obviously entry 2 gives more confirmation of the upward trend. A bounce off support on entry 1 is more risky.

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looking at the 0.618 level still relevant and its possible that it will bounce of this level a few times just like BTC doing the same.
I'm not ready to jump in until I'm comfortable with BTC giving some clearer signs of holding a level.

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10min trend, entrances

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Сделка активна:

I'm in now with the 2nd order waiting

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another perspective.

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continuation on the next post update