EGLD
$EGLD/USDT 12h (Binance Futures) Parabolic curve on supportElrond eGold is retracing down but I believe uptrend could resume soon.
Let's try to catch the next big dip if we are lucky enough!
Current Price= 132.204
Buy Entry= 110.013 - 97.005
Take Profit= 159.521 | 219.800 | 311.178
Stop Loss= 75.154
Risk/Reward= 1:1.98 | 1:4.1 | 1:7.32
Expected Profit= +54.11% | +112.35% | +200.63%
Possible Loss= -27.39%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 1440h
Potential breakout in preparation for ElrondHello everyone,
potential breakout in preparation for Elrond, please take a look a my chart.
The pole give me a potential Target og 197$.. if breakout occur my red line and the
Gold line (fibonnaci Golden at 171$) 0.618% would be 2 great zone to take profit.
Bullish scenario in preparation?
We have a huge Spinning top in formation on the daily.. if it close like this in 48 minutes this will be our
reversal confirmation to the upside.. i will post this candle (spinning top) under.
Have a great night now.
EGLDUSDT Bullish MoveEGLD team came out with launch of Elrond 2.0 . To server billions people and scale.
Good news received with revival move for EGLD.
Earlier breakout confirmed. I took first profit at $157 - $160 .
Retracement in play. Support level holding pretty well.
I expect an upward bounce from thence.
I am bullish on EGLD atm. We move to retest previous price and breakout.
Follow. Like and share your thoughts.
🎯EGLD - News Comes out, Price Goes up!🚀EGLD has seen massive growth this year so far, rightfully so as they are a great project pushing forward fast.
They released some pretty big stuff regarding defi on their network today after a good retrace from over $200.
Expect this to break upward and net some easy money.
Follow the happy man, target 152Did you see t he happy man?
Following the reversal head & shoulders pattern.
If it breaks 138,5 then target will be 152.5
SL 125.2
Please follow 15m chart and candle close prices. Please wait for the confirmation to enter the trade.
And I'd be happy to see your comments if you join the trade.
EGLD forming a Descending triangle?Neutral position, key things to watch for is dips below the Descending triangle pattern, and of course the break above.
BTC known to affect altcoins, any real price movement downward with BTC could cause EGLD to break below into the next support line.
Stop Limit to protect the assets.