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EGLD

WHY 100% bull market? Let me show you EGLD, BTC.D & more (PT.1)In this first video, I'm going to show you why we are 100% in a bull market and why altcoins are going parabolic in October and maybe early november. It's easy: - look at the overall structure of the charts - look at the moving and exponential moving averages daily crossing - look at the weekly charts Also, I'm speaking about a new scenario when it comes to the bull market which I called "the DOLLAR scenario". It will be discussed in Pt.2
BINANCE:EGLDUSDLong
by Homocryptus
1
EGLD.BTC (Y21.P6.E1).Toping formationHi All, Looking at the current climate, even though we have Alts moving today, I think EGLD against BTC is doing a ascending wedge and is likely to do something like a double top before dropping down based on the wedge formation. The only way this seems possible is that BTC in my opinion does a big bull run and the ALTs are left behind, including EGLD. Once BTC hits a major milestone, it will then give the ALTs the opportunity. Using my method when it comes to wedges, to me its highly likely this is the case. Look at the weekly chart below where the RSI agrees as well, with Bearish Div. I'm going to use this theory and apply it to a few alts to see if this resonates with many main Alts. and then make my conclusion. For now, its only a hypothesis. What do you think? BTC dominance , then a double bottom. Cheers, S.SAri
Short
by ssari
3
🔥 EGLD Bullish Channel Continued: P2Around 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!
Long
by FieryTrading
8
🆓Elrond (EGLD) Oct-1 #EGLD $EGLDEGLD is very strong and it could approach the 260$ and 300$ zones in next days. But if it loses 220$ zone again, it will fall down to 180$ zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 220$ zone 🔴Buy : 220$ 🔴Sell : 260$ - 300$ 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 220$ zone 🔵Sell : 220$ 🔵Buy : 180$ ❓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 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone
Long
by CryptoStation
1
SOL On WatchlistI am very interested in this SOL 1 Hour chart. The 4 x bounce off resistance trendline and the tightening of the wedge is really suggesting to me we 'could' see a break out on the horizon, we have seen that SOL can decouple from BTC and this is ready to pop either to the upside or to break out to the upside in a big way. Now if BTC dumps completely this will all be wiped out, but if we continue as it has the past week, SOL may make a move. Looking at confirmations and closed candle above resistance trendline but I am definitely keeping an eye on it for a decent swing position
by CryptoIncTrading
EGLD will break out soon!Here's a quick Look at EGLD 4 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically! The best entry would be, when the price breaks above the falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 256$ 2. 278$ 3. 300$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
7
BTC UpdateHere is my current analysis of BTC. Currently in a descending channel which possibly see a retest of resistance trendline this week, another rejection I see new lows and looking for support at the $37,700 support level. However with a increase in volume and a break of this resistance could see the confirmation of the trend reversl we are looking for to set sights on new ATH next month, starting with a confirmation of resistance break above $52,000. At present there are no key indicators to lean either way until the resistance trendline is tested.
by CryptoIncTrading
5
🔥 EGLD Channel Held: Bullish Price ActionA while ago I made an analysis on EGLD. I argued that EGLD was still trading inside a bullish channel and that bullish price action was to be expected. Sadly enough, price action died down after I made the call, and we moved back down. However, EGLD has once again bounced from the bottom trend line of the channel, causing another huge bullish move. For this analysis I want to keep the targets a bit closer. First target at $255, second at $300 (current ATH). Happy trading!
Long
by FieryTrading
8
Pronic numbers SOL and EGLDA pronic number is a number which is the product of two consecutive integers, that is, a number of the form n(n + 1). The study of these numbers dates back to Aristotle. They are also called oblong numbers, heteromecic numbers, or rectangular numbers. The first few pronic numbers are: 0, 2, 6, 12, 20, 30, 42, 56, 72, 90, 110, 132, 156, 182, 210, 240, 272, 306, 342, 380, 420, 462 … and so on. As you can see a lot of cryptocurency prices usally have a resistance/support levels here or they can serve as areas where price might be revolving around a lot, etc... For example with BTC we know that in 2017 it went close to 20K top then crashed to 12k then 6K then 3K and it reversed back to 12K then 6K then 3K areas. In this bullrun it went from 12K to 20K to 30K to 42K 56K and so on, right now we are again staying in this 42K area.... So you can notice these numbers represent important areas in the chart. The current top of BTC is 64K, which doesn't fit pronic number sequence which should be 72K, interpret that as you want, but so far looking at a lot of cryptocurrencies they follow this route, unless when it comes to blow of tops or overheated markets.
by JaymesT
4