EGLDUSDT - LONGBased on technical factors there is a long position in EGLDUSDT Elrond
EGLDUSDT Elrond
Score 2️⃣
🔵Long Now or set on Key Level 232.00
🟢Target 1 244.00
🟢Target 2 260.00
❌Stop loss 226.00
#K_Level
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Egldusdtlong
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (286.85).
. 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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 330. 01
TP2= @ 369. 40
TP3= @ 422.45
TP4= @ 468.33
TP5= @ 542.50
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 (286.85).
. 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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 330.01
TP2= @ 369.40
TP3= @ 422.45
TP4= @ 468.33
TP5= @ 542.50
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 / 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 ❤️
Elrond retracement almost overHi everyone,
My count is presenting a very complex retracement for Elrond but almost over. 3 possible targets i see for now 254.90$, 241.31$ and 218.38$. Golden fib support is at 248.57$. Z wave show a max retracement at 200$... can be a wick, but i personnaly think the Golden Fib will hold.
Pattern we are currently inside is a falling wedge which is a bullish pattern
Best to you !
EGLDUSDT , Its ready to buyHello everybody
According to our last analysis , all of buy zone activated and now we are ready to go up to reach our target and our zone
But the important thing is in each zone becareful and if you see anything that show us the trend is becoming weak we should be ready to sell our egld but we try to update chart that time but if we forget to do this you have view of movement that what you should do ??
EGLD is one the most powerful project that is working in blockchain
Previous analysis :
Good Luck
Abtin
EGLDUSDT , We need more correctionGood night everyone
According to our last analysis , exactly the movement and our predict happen and now after we made new breakwave ,we need to recovery the power to go up more and more .
Maybe because of the momentum the price want to go up and check the resistance zone and top of the breakwave again and then fall down
EGLD is one of the most powerful project in crypto and the fundamental of them is heavy powerful :D
We shown on chart two buy zone area that check in multi-time frame to find best zone for buying and HODL it until the target that we will publish in future can reach
Previous analysis :
Good Luck
Abtin
EGLDUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: 240-255
target: 320 - 360 - 400
after first target reached move ur stop to breakeven
stop: ~189(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2.5
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).
EGLDUSDT , Broken upward channelHello guys
Whats up ? did you follow us and be patient to our team publish anay chart or not ? :D :D
Everything is shown on chart is nothing to explain but i will tell you some point for taking position
The price broke the upper trendline of the channel and had pullback to it and now we shown 2 target on chart , when the price can break and move up the first Tp you can be ready to have position in the way and when it pullback to the broken zone and wait until the second Tp reach
Dont forget use stop loss and use money management and first take signal like ... then take in position
Good Luck
Abtin
EGLD Looking Pretty Good !!!There is a Massive Ascending Triangle on the 4hr chart and we have finally broke out.
I expect that EGLD go above $400 in the next couple of weeks depending on the price action we have the following days.
If we back to the new support levels 290-300 I wouldn't even think of entering a long position in EGLD (I am already in).
EGLD getting closer to breakoutEGLD getting closer to a breakout
Almost 2 month long base
Making Lower highs for sometime now
Egldusdt analysisOn 4hr time frame egldusdt pair breakout from the big triangle the breakout is also hanpped on daily time frame.
Now the technical target of egldusdt pair is 380 dollar the 2nd co formation about the target is fib extension also at 380 usd 3rd confirmation is bul flag framed on 4hr time frame thats target also is 380 usdt.
There we have 3 confirmation about the target
1-Triangle breakout target 380
2-bullflag breakout target 380
3-fib target 380
Now the question is when to enter i to trade
Enter on retest ( 254, 258 )
First target: 272 dollar (25% profit booking)
2nd target: 384 dollar (25% profit booking)
3rd target: 310 dollar (25% profit booking)
4th target: 380 dollar (25% profit booking)
Stoploss: 220 dollar level
Tarde with low leverage or buy on spot only 🤩
The reverse of EGLDUSDT? We will see!If the previous prediction is corect, the one in which I said that the price is possible to return in the area of 160, we already have a buy divergence formed, it is possible to have a divergence of 2-3 waves, with a small return figure in the line area' upward trend, (this to have an additional reason for the price to reverse - whether it is a double buttom, triple buttom, H&S inverted, etc.) and then to break through the downward slope, with divergence in the back, with the return figure, we have good elements that can indicate that the price can return from the high upward trend line!
Hard to say how far ... in the area of the price of 200 we can intersect with the downward trend and from there to have a rejection.
Or it is very possible that the price will go up from now on if it confirms this H&S formed now + if it pierces the current slope.
It remains to be seen the evolution of the price where it goes! BINANCE:EGLDUSDT BINANCE:EGLDUSDT
EGLD/USDT has reached the support point and I think it is readEGLD/USDT has reached the support point and I think it is ready to move up.
The EGLD/USDT has hit relatively strong support at $ 246 and I expect it to move up.
RSI and MACD chart show a exaggerated divergence. (+ED)
Of course, we have to wait for a positive move to happen on the chart and we will not buy now.
In the MACD chart, you have to wait for the SIGNAL line to move up (the same blue line in the MACD)
Target : 256 / 264 / 270 / 276 / 283
Stop lost : 240
Note that all analysis is done according to the current market conditions and if something special happens to Bitcoin, it can affect all Altcoins and lead to a fundamental market instead of a technical one.
This is just a suggestion based on my own analysis.
You are responsible for your own sales.
I apologize if I explained somewhere wrong and thank you very much for reading my article.