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EGLD

$EGLD/USDT 2D (Binance Futures) Ascending trendline on support Elrond eGold bounced on 100EMA and seems ready to resume the uptrend, let's place bids inside the demand zone. Current Price= 242.18 Buy Entry= 241.42 - 212.34 Take Profit= 335.36 | 485.60 | 707.59 Stop Loss= 172.51 Risk/Reward= 1:2 | 1:4.76 | 1:8.84 Expected Profit= +47.81% | +114.03% | +211.88% Possible Loss= -23.96% Fib. Retracement= 0.5 | 0.883 | 1.272 Margin Leverage= 1x Estimated Gain-time= 4.5 months Websites: elrond.com maiar.exchange
Long
by TradingOn
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (286.85). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74. Take Profits: TP1= @ 330. 01 TP2= @ 369. 40 TP3= @ 422.45 TP4= @ 468.33 TP5= @ 542.50 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
10
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (286.85). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74. Take Profits: TP1= @ 330.01 TP2= @ 369.40 TP3= @ 422.45 TP4= @ 468.33 TP5= @ 542.50 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
Don´t you love the silence of the bears right now?Well, after getting many critics by being bullish BEFORE fed announcement, I guess I can say a big I TOLD YOU SO now. Not going to get overexcited right now, we are not even over the 21 weekly yet, but BTC will find the way like always. Long term holders will always make more money in this market, specially if you buy the dips like I did with DOT, SOL and EGLD, my analysis are all here if you want to check. Alts are ready to explode again in the next weeks, get ready, don´t waist your money with shitcoins.
BITSTAMP:BTCUSDLong
by ViniciusBaccelli
18
🔥 EGLD Massive Ascending TriangleSince EGLD's inception on Binance, this token has been trading inside an ascending wedge formation. During the fall late last week the price saw a sharp bounce from the lower trend line / support area, indicating that investors were eager to step in around that area. With Bitcoin seeing some slight downward movement at the moment, there's a decent chance that EGLD will go for a re-test of said trend line. Furthermore, if stocks (and therefore BTC) will keep dumping, this ascending wedge might break bearish. Be aware that ascending wedges are classically bearish chart patterns, so there's a higher probability for this pattern to break bear than to break bull. In case of a bullish reversal, look at the top trend line for a potential exit. In case of a bearish break out, look at the $170 area for a potential target. Happy trading!
by FieryTrading
2
EGLDBTC fractal updatedI was asked to update this idea. I actually did some new analysis now that i re-study the chart again. Every time I look at it, I see new things (or maybe less...). I will also upload a new one for EGLDUSD that complements what is suggested here. My suggestion here relies on Fibonacci levels and in different repeated phases i am seeing according specially to those levels. As suggested, the timing of each phase and between low/high peaks will be very different. To me, it would be no surprise that we go down now to the 0.618 retracement level, the same we did in the past. Very important the note I add to the chart: I don't think this mean EGLDUSD goes down so much, it might mean than BTC have a good rally up before, while EGLD goes sideways in accumulation (see my idea Wyckoff #2 schematics).
by CryptoPummel