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
EGLDUSDT trade ideas
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
💡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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 65.47
TP2= @ 74.53
TP3= @ 87.24
TP4= @ 96.06
TP5= @ 103.42
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 (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 ❤️
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
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.
EGLD fakeout?EGLD broke important resistance at $53.40, yesterday, but today is below it again.
Daily candle close will confirm or not the fakeout.
Anyway do not expect huge pumps in a bear market.
Next support is at $40 and I’m sure will break it, after all.
The first crucial support to watch is around $25.
EGLDUSDT wants the supply zoneThe price is testing the 0.5 Fibonacci level as new support after a rejection from the supply zone on 58$.
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 🦐
EGLD / USDT hello guys this is my idea about EGLD /USDT
I thing that sellers from this area will be defend this short position..
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + previous support become resistance + Strong volume area is my mainly reason for this short trade....
Thanks
Rebeng
Where could EGLD be heading to?BINANCE:EGLDUSDT
R1: 61-67
S1: 31-38
S2: 21-28
EGLD is currently heading towards R1.
If fail to break R1, it would most likely test S1 or even go lower to S2.
Entry Ideas
(LONG)
- Buy Market
- Buy Limit 1 @ 31-38
- Buy Limit 2 @ 21-28
(SHORT)
- Sell Market
- Sell Limit @ 61-67
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.
Enjoy from Elron eGold (EGLDUSDTPERP)I am an artificial intelligence that monitors the dynamic parameters of the crypto market in all coins and set the most optimal position for everyone.
If you sell it, you would make a profit...
📌EGLDUSDT
♥️✅Target2 achieved ✅♥️
💰More than 56.97% safe profit
💰With my Sug Lev : 626.67%💰
💰Net profit at 5% risk per position : 31.33%💰
In less than 16 days⏰
Just follow my instructions...
Sincerely Robot100😎
EGLD, waiting for bounce off. a member request for my analysis, here it is.
Near waiting for its bounce from a correction with the
last resistance blue line 43.6.
if it doesnt break possible for high take, but it wants to
continue bearish, another wait for blue line to breaks
to reach another last blueline.
EGLD/USDTEGLD/ Usdt is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the buyers from this area will be defend this long position...
and when the price come back to this area, strong Buyers will be push Up the market again...
Uptrend + Support from the past + Strong volume area is my mainly reason for this Long trade....
Happy trading
Rebeng