EGLDUSDT trade ideas
EGLDUSDT is testing the 0.618 Fibonacci levelThe price is creating a double top on the weekly resistance at 64$ and the market got a rejection from it. Athe the moment the price is trying to hold the 0.618 Fibonacci level as support.
How to approach it?
IF the price is going to lose the local support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
📈Elrond (EGLD) Jul-23 #EGLD $EGLDEGLD is gradually forming the Ascending Triangle pattern so that it can reverse the trend to the uptrend. It is now starting to reach the Ichimoku cloud and this is a signal that we may be starting to consider buying EGLD.
Currently, the price zone of the upper edge of the Ascending Triangle pattern is at $65 and its strong resistance is at the $70 zone. If EGLD can break through all these resistances, it will approach the $90 zone or even higher as it officially enters a long-term uptrend.
egld | potential movement | elliottwaveIm looking at this movement for egld as an wave 4 with the targets you see in the chart , as you see on oscilators we are having bearish divergence , i'm looking at it as a last abc for y , a bounce for 55$ will bring egld to 73$ abc 1 to 1 that stops at fist wave 4 target
EGLD could have a small setback - Cryptoz18❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of how the operations work in case you are interested in following them.
➤ Here you can find an explanation of how to track our ideas:
✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry.
❸ Operational Information
• Entry price: 58.84
• StopLoss: 60.77 (Loss 3.28%)
• TakeProfit Minimum: 57.20 (Win 2.79%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
EGLD - Ready to go to hell🔥Reasons to take short:
⭐️ BTC bearish
⭐️ Took stoplosses of bears
⭐️ Sharp approaches down
⭐️ Slowly squeezing to the level
⭐️ Dominance is testing support
⭐️ 5th touch
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Egld || elliott wave || scenariosAs the market is uncertain now , i can't give you guys an exact target like i used to .
In this analyse u have the targets for egld for bearish and bullish scenario , 1st target is for a running flat , seccond for ABC . If we hold one of thos targets we can have another move up !
Runninf flat at 46.66 $ is not calculated yet for the price target for a pump , the ABC for X is calculated and u have a minimum target and a max target , minimum is 69$
Last scenario is for a bearish 5 wave down structure in accordance to bitcoin bearish scenario .
EGLD could have a small pullback - Cryptoz18█ Operation Information
EGLD is not managing to scale its value currently the 4H trend is in play, I will take a small short with a tight stoploss, the 1H trend is still bullish but I don't think it will last for long
█ Operation data
• Entry price: 55.32
• StopLoss: 56.55 (Loss 2.22%)
• TakeProfit Minimum: 54.08 (Win 2.24%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
✔️ Data: The user is recommended to move the StopLoss to entry once we reach the TPM or also known as the Minimum TakeProfit.
In this way, if the trend is good for a longer timeframe, it will never touch the StopLoss placed on our entry. We will only have to pay the commissions in case we get the SL at the entrance.
Being a 15-minute trade looking to take a 4H trend it is likely to have a fairly low Winrate due to the tight StopLoss however this offers us better risk management. We try to take a 4H trend using SL and TPM of 15 minutes.
This way, we seek to obtain a profit of 100% between all operations. Only 5% of the account per operation could achieve our objective and thus obtain a return of 5-7% per month of the total account. This will be reflected at the top of our profile.
█ Explanation of how the operations work:
Here you can find a brief explanation of how the operations work in case you are interested in following them.
█ Warning
✔️ Blockchain or FX operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trade ideas publicly for the viewer to do their own analysis and decide to enter based on her own decision making. The viewer is recommended to have good risk management in their operations. To do this, take into account the fundamental data of Asset Volume, Market Capitalization, Supply, Percentage Change Price, Current Volatility, Perpetual Data, and lastly, proper Margin and Leverage management. Be careful, you can lose all your money in the future if they have poor risk management. Nothing more to say thank you very much.
EGLD possible small benefit of 2% - Cryptoz18█ Operation Information
EGLD has scaled its value quite well currently however I don't think its uptrend will continue, I expect a small pullback on H1 and H4.
█ Operation data
• Entry price: 53.88
• StopLoss: 54.96 (Loss 2%)
• TakeProfit Minimum: 52.80 (Win 2%)
• Type of operation: Short
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
✔️ Data: The user is recommended to move the StopLoss to entry once we reach the TPM or also known as the Minimum TakeProfit.
In this way, if the trend is good for a longer timeframe, it will never touch the StopLoss placed on our entry. We will only have to pay the commissions in case we get the SL at the entrance.
Being a 15-minute trade looking to take a 4H trend it is likely to have a fairly low Winrate due to the tight StopLoss however this offers us better risk management. We try to take a 4H trend using SL and TPM of 15 minutes.
This way, we seek to obtain a profit of 100% between all operations. Only 5% of the account per operation could achieve our objective and thus obtain a return of 5-7% per month of the total account. This will be reflected at the top of our profile.
█ Global data to take into account
Bitcoin is currently in an uptrend in 4H. However, a lot of bearish orders trying to keep it below the 20500 prices. The daily trend is in play, take your precautions.
█ Warning
✔️ Cryptocurrency operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trading ideas publicly for the viewer to do their own analysis and decide to enter based on their own decision-making. The viewer is recommended to have good risk management in their operations. For this, take into account fundamental data from the Volume of the asset, Marketcap, Supply, Percentage change price, Current Volatility, Perpetual Data and finally, proper Margin and Leverage management Be careful, you can lose all your money in the future if you have poor risk management. Nothing more to say thank you very much.