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Egldusdt

💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetwork Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (110.90). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 77 Take Profits: TP1= @ 121.73 TP2= @ 139.58 TP3= @ 154.86 TP4= @ 172.77 TP5= @ 204.95 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
6
EGLDUSDT Has Broken Above 2 Important Resistances Welcome back Traders, Investors, and Community! EGLDUSDT on H4 has broken above 2 significant resistances. It will go up ⬆️Buy now or Buy at 99.45 ⭕️SL @ 87.38 ✅TP1 @ 129 ✅TP2 @ 145 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
SHORT EGLD/USDT! Incoming retest of lower support levelsThe live Elrond price today is $101,74 USD with a 24-hour trading volume of $64.833.259 USD. Elrond is down 0.95% in the last 24 hours. The current CoinMarketCap ranking is #53, with a live market cap of $1.957.389.223 USD. On 4h chart, RSI looks almost overbought and MACD is about to cross above the EMA, both signals of an expected decrease in price. TRADE POSITION: SHORT ENTRY PRICE: > $103.5 TARGETS: $93 (+10%) / $ 86-82 (+20%) / $ 74 (+28%) / $ 69 (+40%) STOP LOSS: $120 The spotted entry level historically acted as a strong resistance, therefore after all the failed retests started on August 2nd, I now expect a price fall. Moreover, Keltner channel historically acted as a good estimation of price swings and whenever the asset was close to its upper level, a pullback retesting the lower occured. This metric on both 4h and 1D charts has been used to determine targets. Interesting fact that Fibonacci time zone indicator did an overall good job in predicting time zones of interests, in particolar levels where a major swing high or swing low occured. The 8th Vertical line just crossed could result in another significant move to the dowside. #staytunned
Short
by Lari_Pen
EGLD bull scenario 25th of July 2021Hi guys, We can observe that EGLD broke out of the descending channel, did a te-test and continued higher. Also an inverted h & s that already broke to the upside. I am very bullish on the project for the next 40 to 60 days ( DEX is coming out next month ). Very low supply - under 30 mil. Bull over 107 $ with a target in the 160$ area in the next 4 to 6 weeks. Bear : under 73$ with some support at the 54$ area. Not financial advice, trade safely guys. Next resistance levels are the FIBS on the chart : 95$, 103$, 112$, 125$
Long
by Robi_Nitu