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EGLD / TetherUS

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EGLDUSDT trade ideas

EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for EGLDUSDT According to our previous analysis on August 23, we predicted a falling trend and now you observe this fall has happened. Here we have R3 and R1 as the resistance areas which mean the price was not able to rise at some points. R2 used to be a support line. And S1 is the support area at the bottom of the chart . Thus, we have the price fluctuating over S1 and by rising to R1, we will have two scenarios for it. Either it is able to give us some rising signs and we expect an increase for it toward R2. OR it is probable that the price loses the support and experience a decline to S1. The point is to wait for some confirmation candles and then start trading. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
EGLD bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. EGLD is a cypto with a negative overall sentiment recently. I have the following price targets: EGLD/USDT short Entry Range: $51 - 56 Price Target 1: $48 Price Target 2: $39 Price Target 3: $30 Stop Loss: $63
Short
by BuySellMarketMaker
2
EGLDUSDT needs to hold the ascending channelThe price had a false breakout and the market created a deviation above the 65$ area (daily resistance. Now the price is testing the 0.618 Fibonacci level How to approach it? IF the price is going to lose the ascending channel and retest the support as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
8
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for EGLDUSDT In this chart, there is R1 that is a resistance line and and you can observe the disability of the price to rise. And S1 and S2 are our support areas that include the support of the price at some points. Here we have the price fluctuating over S1 and we expect a fall for it to S1 and then we must wait for some rising signs and then we consider our long position and a rise will be waiting for the price toward R1. Actually it is less probable for the price to fall below S1 at the moment. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
Elrond: Bearish of Altcoins Doesn't End Yet, Going to Under $30?Hello Fellow Elrond Coin Investor/Trader, Here's a Technical outlook of EGLDUSDT! Support our content by smashing the like and follow button, you also can share your opinion in the comment section below. EGLDUSDT has broken out of a rising wedge pattern. Furthermore, The MACD indicator created a death cross, indicating potential bearish movement ahead. All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
Short
by financialfreedomgoals101
10