Egldusdt
EGLD/USDT is getting ready to increase or decrease?Hi every one
EGLD / TETHERUS
EGLD/USDT has formed a symmetrical triangle . this means that the price can Increase or decrease as much as the measured price movement (AB=CD) . since the break out for this pattern has not happened yet we cannot be sure weather the pump will happen or not so we should stay patient and after the break out make a decision !
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Elrond to 425$ and 793$ with Fibonnaci CirclesHi everyone,
Mr Fibonnaci was a Italian and one of the most talented Western Mathematician of the Middle Ages.. Today is famous among pro traders for this sequence of Fibonacci numbers than simply drawing Fibonacci retracement and fibo extension levels.. If you want to truly harness the power of Fibonacci numbers, you should also consider using tool such as Fibonacci Circle. With traditional Fibonacci retracements levels, there is no way to predict when the price of an asset might reach these levels.
the best aspect of Fibonacci Circle or Fibonacci Arc is it adds the element of the time horizon to the chart. So, we can pinpoint exactly when the price will react to a certain support or resistance level in the future and prepare our entries and exit..
Today iam decrypting Elrond using the Fib Circles.
Next resistance targets for Elrond :
-249$
-425$
-793$
-1404$
-3139$
Possible we are going to grab the liquidity on the Neckline at 44$ before.
Watch the EGLDUSDT flightIn half an hour time frame
The price can start its upward trend after dealing with 149.50 and 150.50
Targets can be 167.65-176.25-181.56-246.00-500.00 in order of prices.
Also, the fundamental of this Quinn is excellent.
elrond com
In this analysis of fib retracement and fib channel
If this area is broken, this analysis is canceled
Keep an Eye on EGLD guys I think it could blow any min!if EGLD does What I think it's about to do we're going to potentially see some very nice gains! On the daily chart we can see the Mac D curling up , along with EWO , already checked the 30 , hourly , and 4h charts. All look bullish to me. Good Luck, cheers!
Elrond to 185$ and 199$ inside an ABCDEHi guys, just want to share with you what i see right now for Elrond, a ABCDE contracting triangle, let me know what you think. The floor of the ABCDE is also the Floor of the huge Rising wedge ive been talking about on YTB.
$EGLD - ape if closes through 195Basically we made a high on parabolic run
this became resistance and was deviated in a 'fake-out'
ranging continued since and it closes thorugh the resistance it is likely to continue to pump af
Could DCA here betting on continuation to range highs and then to targets if it breaks
I haven't as BTC isn't out of the woods yet and it continues lower then this will too
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (161.95).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 175.10
TP2= @ 204.85
TP3= @ 244.50
TP4= @ 283.75
TP5= @ 373.20
SL= Break below S2
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💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (161.95).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 43.
Take Profits:
TP1= @ 175.10
TP2= @ 204.85
TP3= @ 244.50
TP4= @ 283.75
TP5= @ 373.20
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 ❤️
EGLD/USDT can become bullish soon!Hi every one
EGLD / TETHERUS
EGLD/USDT has formed an ascending triangle which is a bullish pattern! the price can increase as much as the measured price movement (AB=CD) but only after the break out happens we can be sure about the bullish movement!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea
Have a nice day and Good luck.
EGLD up to $300EGLD has been trading in the same channel since February. Good new for us is that this is an ascending channel. Additionally we have testing the middle of the channel multiple times over the last three months and each time we have been rejected. This is not that big of a deal since a move back to the middle of the channel from our current price is a 60% increase in ELGD's price.
Other bullish signals include the MACD crossing the signal line, as well as the fact that the price has stayed over the 50 day MA for the last week. I would however like to see more volume.
A stop loss would be if EGLD closes the day under the channel
Have fun, trade at your own risk.
Elrond EGLD 2 Rising Wedges 98.40$Hello everyone,
We are still in the Rising wedge inside another Rising Wedge and the price is going up and the Volume is decreasing afected by the compression. It can be interpreted has a bear Flag too.
For me this is a Bull TRAP. The 0.85% is the Ultimate fib in a bearish Zig Zag which is 221.70$.
The pole of the bear flag bring me to the Golden pocket and the pole of the small rising wedge can only be apply at the breakdown point.
When the drop will happen those are my current top entries :
1-Golden fib is at 98.40$ and the pole of the bear flag
2-The Weekly MA21 is at 119.12$.
3-Support shoulder and 0.726 at 74.51$
4-Support Shoulder and 0.85 at 44.09$
Have a wonderful day