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Egldbtc

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 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
💡Don't miss the great buy opportunity in EGLDBTC @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.004594). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDBTC 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 55. Take Profits: TP1= @ 0.005145 TP2= @ 0.005704 TP3= @ 0.006075 TP4= @ 0.006497 TP5= @ 0.007000 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
9
💡Don't miss the great buy opportunity in EGLDBTC @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.004594). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDBTC 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 56. Take Profits: TP1= @ 0.005145 TP2= @ 0.005704 TP3= @ 0.006075 TP4= @ 0.006497 TP5= @ 0.007000 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
EGLD to reach new highs within price channel based on MEX launchBINANCE:EGLDUSDT has been strengthening since it re-entered the longer term channel (shown). This is due to further development of the blockchain and partnerships. The upcoming Maiar Exchange (MEX) launch will have a significant impact on the utility of the Elrond blockchain (as seen by DEX implementations on other major blockchains). Once the ATH is breached, price discovery could easily propel price to the upper bound of the channel (price target), and possibly beyond. CRYPTOCAP:EGLD BINANCE:EGLDUSDT BINANCE:EGLDBTC
Long
by BillyStaples
[UPDATE EGLD] Consolidation confirmed until Aug until then PUMP.If Bitcoin follows my scenarios, EGLD could start the pump again in AUG 2021. Great opportunity to accumulate: Technical analysis: - Crashed 80% from the all-time high - Re-tested the 1,61 Fib (great support) - Tested the macro ascending channel (great support) - Super trend indicator in line with the previous cycles (great support) - Bullbear trend and stochastic RSI on the weekly are at the minimum levels. Fundamental analysis: - Drop of the Maiar exchange and Mex are imminent and will go online in July. - Community is growing daily - Team super professioal - Great tokenomics EGLD is behaving like a mini BTC. I guess we could have decreasing returns for the next pump.
BINANCE:EGLDUSDLong
by Homocryptus
6
EGLDBTC D1: 150% gains best level TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! EGLDBTC D1: 150% gains best level TO BUY/HOLD(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. previously recommended buying low. 🔸 Summary and potential trade setup ::: EGLDBTC D1 chart review ::: accumulation in progress now ::: updated/revised outlook ::: focus on buying pullback/dips ::: 150%+ gains still possible ::: EGLD will outperform BITCOIN ::: over next 1-2 months ::: BULLISH outlook / buy hold setup ::: up to 150% gains possible later ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +150% gains ::: details: see chart ::: FINAL TP is 150% gains ::: EGLD can pump 500%+ as well ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment short-term: PULBACK/RANGE RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
1
ETHUSDT Technical AnalysisEGLDUSDT ⏳ Spot 💎 EGLDUSDT has broken above the Symmetrical triangle with several large green candles. After the breakout it will go up again. 🏁 Medium & Long Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 146.00 ☕️ TP1 172.00 🍺 TP2 183.50 🍻 TP3 194.00 🍾 TP4 219.00 🍷 TP5 ______ 🍸 TP6 ______ 🍹 TP7 ______ 🎁 TP8 ______ 🚫 SL 135.50 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
EGLDUSDT After the Breakout Will Go Up Welcome back Traders, Investors, and Community! EGLDUSDT On H12 has been making HHs and HLs. After the breakout it will continue to go up. It needs to get out of the Triangle ⬆️Buy now or Buy at 117.86 ⭕️SL @ 92.59 ✅TP1 @ 164 ✅TP2 @ 200 ✅TP3 @ 240 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals