EGLD/USDT READY TO TEST PREVIOUS ATH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this EGLD/USDT TRADE setup. EGLD looks promising here.
Breaking out from an ascending triangle in the daily time frame. It also trades above 50ma which is a very good sign.
Buy some now and add more in dips.
Entry range:- $150-$164
Target:- 200-250%
SL:- $118
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Also, share your views in the comment section.
Thank You!
EGLD
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has hit the support zone and was supported two times. Now the price is moving up to the resistance zone. The price needs to break the confluence of the resistances to go up but it is possible for the price to have another falling after hitting this area or even reverse set-back from the area. The price is also inside a triangle and if the first support zone is lost, it can move down to the next which would be a good buying area. If the resistance zone is broken, it will move to the next resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Elrond EGLD above volume support - W-shape pattern in sight?Elrond EGLD above volume support - W-shape pattern in sight?
Therefore a confirmed breakout above $200 would be necessary.
Breakout target would be $380 at FIB golden pocket.
Bearish scenario when huge volume support at $141 would be broken significant.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
EGLD - My current long term hold. This chart is for observation purposes only and I just wanted to share it with everyone. Elrond, Egld is one of my long term holds. I plan on accumulating as much as possible before breaking triple digits.
ATH and price action has been already mapped out letting us know where everyone likes to buy & sell. With the past price history we can plot out when to take profit and when to DCA back in.
The ATH market cap of Egld is around 11billion and it is currently sitting at a 3 billion market cap as of today, with that being said, it could possibly do another 3-4x.
Play this trade as you will, this is not financial advice and always do your own research.
My take profits are in orange and supports are in green.
#EGLDUSDT looks prime for 350% Rally!Welcome to this quick EGLD/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#EGLD/USDT looks triangle pattern create and 350% Rally confirms and long term hold!
Entry:-$113.05
$139.01
Target:-350%
Stoploss:-$96.34
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of EGLD in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
EGLD/USDT, LongIt is good to long at Support 134-133.5, but it's a bit risky for a swing trade, if you wanna take a leveraged trade then this 134-133.5 support is for you, you may use 10-15x leverage and take your easy profit of 26-30% with SL of 6-11%, if you wanna take a swing trade so wait for wedge braking and wait for a hard close..
EGLD/USDT ANALYSIS:👉 On first glance, you can see that we are still in a clear downtrend. (Lower Highs + Lower Lows). For me to become bullish on this, I want this structure to be broken, ideally with a Higher Low, followed by a Higher High.
👉 We have been following 2 main diagonal trendlines: 1️⃣ the upper trendline has acted as a resistance for 3 times now. Breaking this and we are off higher. 2️⃣ The lower trendline has acted as resistance as well, but we managed to break above this, so if we can hold it on the retest, we go higher.
👉 Fibonacci tool on this recent upmove gives us a good level for our entry at the 0.618 level. This level (or the diagonal trendline retest) would create a Higher Low, meaning we break the excisting downtrend.
👉 My first and obvious Targets would be the open liquidities, formed during this downtrend.
Hope you found it usefull!
Let me know in the comments if you want me to look at your coin suggestions!
Oli 🤝
🆓Elrond (EGLD) Feb-25 #EGLD $EGLD
The buying force at 130$ is quite strong after EGLD retested this support zone. In the next few days it could rally back to the $160 or $200 zone. Pay attention to the $160 zone because selling here is still very strong
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 130$ zone
🔴Buy : 140 - 130
🔴Sell : 160 - 200
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 130$ zone
🔵Sell : 130
🔵Buy : 100
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🆓Elrond (EGLD) Feb-15 #EGLD $EGLD
The $180 and $160 zone are two very good support zones, but when EGLD corrects here, we can start accumulating for the target of $300 in March.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 160$ zone
🔴Buy : 180 - 160
🔴Sell : 220 - 260 - 300
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 160$ zone
🔵Sell : 160
🔵Buy : 120
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Elrond Long Set Up$egld #elrond Just unlocked next level on H4. 215 is the play now. Exit on H4 close below 180.
Strong Close above 200EMA with RSI and OBV looking bullish. This should continue as long as Bitcoin stays steady.
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
EGLD | Channel Breakout Confirmed..!!
#EGLD (update)
In Daily timeframe Chart, Descending Channel Upside Breakout Confirmed..!!
Send it..!!
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
These are my favorite set ups!Clear 3 touches on diagonal that coincides right at horizontal resistance.
I love these set ups because you get a break of 2 resistances at once and clear exit point.
Can this fail? Of course, but it makes for a clean/clear entry and exit. #trading #crypto $egld #Elrond
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!