@21blacky $EGLD (Weekly chart, log scale)
Still hugging the channel's mid-line, a channel which is still in a downtrend.
Still hugging the channel's mid-line, a channel which is still in a downtrend.
@21blacky $EGLD (weekly chart, log scale)
Crunch time! Price is back at the upper bound of the downward-sloping red channel!
Crunch time! Price is back at the upper bound of the downward-sloping red channel!
$EGLD (monthly chart, log scale)
Lower bound anchored on open of week 1, the "bend" in the 6-month moving average, and the Sept-2022 low.
Upper bound anchored on highs of July & Sept-2020, the bend in the 6-mo average in May/June 2021, & Dec-2021 close.
Lower bound anchored on open of week 1, the "bend" in the 6-month moving average, and the Sept-2022 low.
Upper bound anchored on highs of July & Sept-2020, the bend in the 6-mo average in May/June 2021, & Dec-2021 close.
$EGLD (monthly chart, log scale)
Price closed October about $0.35 (well under 0.10%) above the 6-month moving average. That's the blue line upon which the channel boundaries are anchored.
Notably, that line has now touched the lower bound, just in time for #Xday! #Elrond
Price closed October about $0.35 (well under 0.10%) above the 6-month moving average. That's the blue line upon which the channel boundaries are anchored.
Notably, that line has now touched the lower bound, just in time for #Xday! #Elrond
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