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EGLD / TetherUS

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EGLDUSDT trade ideas

💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (49.43). . 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 below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 69. Take Profits: TP1= @ 65.47 TP2= @ 74.53 TP3= @ 87.24 TP4= @ 96.06 TP5= @ 103.42 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 ❤️
Long
by ForecastCity
4
Egld Despite the large fall egld I’m pretty excited to see these lows. I did start accumulating this at the 44-45$ range. Now although these crypto markets look bad, egld is one of my top favorites for the long hall and look the most similar to etherum chart , only a few years early of the same parobolic move that Eth had. This could Be way early but I’m going to contiue to load up on EGLd on red days. Needless to say watchinf this w pattern as it progresses. Seeing if we can flip 58$ to new support and hold or if we retest the 40$ lows. Either way I will be buying in more as the weeks go on
Long
by Erictaylor
EGLD/USDT possible setupHey guys We came back to EGLD. we are setting our buys at the moment and we see a great ladder breakout opportunity. Profit will be taken around $55-$60 and we will take out the trade if we close 4hr below $37. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team. Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowAcademy
3
EGLDUSDT wants the supply zoneThe price is testing the 0.5 Fibonacci level as new support after a rejection from the supply zone on 58$. As you can see on the chart, the liquidity is on the 4h resistance How to approach? The price could get new liquidity from the resistance and create a new bearish impulse until the previous demand zone around 44$ where the market has the daily support. 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/USDT possible outcome Hey guys We see a possible scenario for the EGLD . we are setting our buys at the moment and we see a great ladder breakout opportunity. Profit will be taken around $75-$80 and we will take out the trade if we close 4hr below $37. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team. Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowAcademy
4
🔥 EGLD In Huge Support Area: Preparing For Bounce?EGLD has been one of the weaker alts in the last few weeks. Where most alts have been trading relatively stable, EGLD continues to sell off and make new lows. Currently, we're at the same valuations as we were during the summer-21 bear market, giving away around 90% since the all-time high in November. This area of support is the last area where the bulls can opt in for a reversal. With BTC trading sideways, we might see EGLD bounce in the near future. Wait for confirmation of the bounce, since you don't want to catch a falling knife. A $100 target seems reasonable, as long as BTC doesn't work against us.
by FieryTrading
5