Egldusdt
EGLD Is Under Heavy Accumulation By The BullsELROND (EGLD) has been making a health correction for a long while after making a spike up in price and melted faces off. It has been under heavy accumulation since then and it is running out of room withing a text book falling wedge.
Set your alerts on TradingView to catch the breakout and enjoy the ride.
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 - $160 .
Retracement in play. Support level holding pretty well.
I expect an upward bounce from thence.
I am bullish on EGLD atm. We move to retest previous price and breakout.
Follow. Like and share your thoughts.
Follow the happy man, target 152Did you see t he happy man?
Following the reversal head & shoulders pattern.
If it breaks 138,5 then target will be 152.5
SL 125.2
Please follow 15m chart and candle close prices. Please wait for the confirmation to enter the trade.
And I'd be happy to see your comments if you join the trade.
EGLD forming a Descending triangle?Neutral position, key things to watch for is dips below the Descending triangle pattern, and of course the break above.
BTC known to affect altcoins, any real price movement downward with BTC could cause EGLD to break below into the next support line.
Stop Limit to protect the assets.
EGLD Elrond to 786$ in Wave 3 why?I know you think this is a joke, but who tought Bitcoin will had been to 1175$ in 2013$ and 234 days before the Bitcoin price was 269.20$.
Just take a quick look at what happen to Bitcoin in 2013.. EGLD and BTC are very similar.
Yeah i know the EGLDUSD can retrace lower on Wave 2 but the Golden Fib is a strong retracement...and we touch
it with a very strong support yesterday night. We ain't seen nothing with Elrond yet with Elrond and this is just the beginning.
Let's pretend wave 2 is over and that our retracement yesterday was the bottom of W2.. (which is possible technically) this scenario will be a pretty realistic one for the next 5 impulsives. My 2 top targets will be 596.51$ and 786.424$. For sure it's too early to predict wave 4 and 5 but what iam showing what would be the most probable retracement zone in green. Thanks for watching, and if you have any questions or comment it will be a pleasure to respond. Best to you !
💡 Don't miss the great buy opportunity in EGLDUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (136.7). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDUSDT is in a range bound and the beginning of 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= @ 187.90
TP2= @ 217.40
TP3= @ 238.70
TP4= @ 272.55
TP5= @ 313.50
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in EGLDUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (136.7). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDUSDT is in a range bound and the beginning of 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= @ 187.90
TP2= @ 217.40
TP3= @ 238.70
TP4= @ 272.55
TP5= @ 313.50
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️