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EGLD / TetherUS

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EGLDUSDT trade ideas

EGLDUSDT is testing the 4h supportThe price created a W pattern and now the price is testing the neckline as new support on 57$. the price got a clear rejection from 63$ area where the market created a 4h resistance. How to approach it? IF the price is going to lose the support and retest it 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
2
Egld As we now have slowed our drop here this is where things get interesting. If we can see EGLd holding this low roughly 52.17-52.50 area, if we can see support hold we could be creating a large rising wedge. If this stands true, then we can expect to chop within this wedge up to retesting previous drop area. This can target us close to 75$. Howver if we break support here and fail and contiue down we would expect price to retest previous lows or make a new low. I am still long and starting to add some further to my original 44$ $ add zone. I will be watching this level in the lower 52$ range to make sure we are going to hold but if this plays out it could be a great buy zone for the next few weeks depending how long this takes This means I will be short term bullish as we find if we can control this low. If it breaks this idea may be invalid
Long
by Erictaylor
3
egld | ew | short term If u wanna trade this , watch for reaction at 52$ , for a pump to 58 $ , and get out after cuz another dump will come . Trade safe , allways put stops at the wick of the candle where u see the reaction at the given target , that way u minimise lose a lot . Longer term im bearish and we can see egld below 30$ a future update will come along with btc . Allways wait for the reaction and OCO with stop at 52 for example depends where the reaction happened and limit lets say 57 $ . Another good way to enter is to wait to have the A the B than we will have a more accurate C for a better entry
by RagNar87ro
4
EGLD/USDT Elliott Wave CountI think that 4th wave is complete for Egold I will present you the count of this 4th wave that started from 13 june 2022 and I think this is the best interpretion for now! 4th wave pattern is an expanded flat correction composed from: Wave A: an expanded flat Wave B: another expanded flat Wave C: Impulse 12345 with a truncated 5th wave, verry important thing because is show us that the price is under the sales presure for starting the 5th wave down. So, I expect massive price drops with an impulse to complete a 5th wave of a bigger impulse to the downside. I will update this count so if you like it subscribe and press thumb up!
Short
by Cross10XSignals
4
Egld After confirming the W-neckline as new support EGLD has now broken out of the consolidation it’s it’s been in with this potential symmetrical triangle or bullpennant it that we have now formed on top of the neck line. This is looking extremely bullish from a daily perspective and I am targeting upwards of $75 to retest some previous support. Holding above 60.30 It’s going to be an extremely bullish sign and I am Wong from $45 and I ended up adding just about a half an hour ago in the $59,40 range and may add on a following pull back to potentially retest this pattern breakout. As long as we continue holding above $57 EGLD is primed to succeed
Long
by Erictaylor
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for EGLDUSDT Here we have S1 which used to be a resistance line and the unsuccessful triumphs of the price to rise is obvious. R1 and R2 areas are our resistance areas. At the present, the price is fluctuating over S1 and we predict a pull back to R1 for it and then it may have a fall by reaching that area. But in case it moves over R1, and fixes there, then it will face more increase to R2. If the price falls below S1, then more decline will be waiting for it. 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
2