EGLDEGLD currency can start good growth after pullback to broken dynamic resistance. Keep this currency under control. Do not forget the loss limit in this market.
EGLDUSDT trade ideas
EGLD setup with 61% profit$EGLD started uptrend early be cause of metabonding. Next impulse will be connected to Itheum launchpad event.
First target is $188, then will be strong resistance on $200 and final boss is $228. This is the target of bounce.
Buyers zone is close to $130.
Symmetrical triangle of EGLDIt's the perfect setup for a symmetrical triangle, volume is decreasing and the pattern is being built. Better wait for breakout and retest for entry or the area of 157 looks good for entry.
In the end, the EGLD coin broke its falling trendlineThe Elrond coin price is moving higher after breaking the declining trendline, and the coin is observing bullish after the breakout.
The EGLD coin is approaching 100-day moving average after maintaining the crypto price higher above 20 and 50 MAs.
The Elrond coin is looking above the 20 and 50-day moving averages and below the 100 and 200 MA in the daily price chart.
Stoch RSI is rising higher and showing a bullish trend in the context of the regular price chart. At the time of writing, the indicator is moving into overbought territory. Furthermore, the Average Directional Index is at 12-points, suggesting an extreme sideways movement for the Elrond coin.
Elrond investors are looking for a bullish weekend. Now it remains to be seen whether the bulls will succeed in this act. Sellers may gain a greater role around the $230-resistance if investors are unable to break through the next barrier.
Support level - $120and $100
Resistance level - $230 and $300
EGLD/USDT READY TO TEST PREVIOUS ATH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this EGLD/USDT TRADE setup. EGLD looks promising here.
Breaking out from an ascending triangle in the daily time frame. It also trades above 50ma which is a very good sign.
Buy some now and add more in dips.
Entry range:- $150-$164
Target:- 200-250%
SL:- $118
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Also, share your views in the comment section.
Thank You!
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has hit the support zone and was supported two times. Now the price is moving up to the resistance zone. The price needs to break the confluence of the resistances to go up but it is possible for the price to have another falling after hitting this area or even reverse set-back from the area. The price is also inside a triangle and if the first support zone is lost, it can move down to the next which would be a good buying area. If the resistance zone is broken, it will move to the next resistance.
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
🔥 EGLD Reversal From 1-Year Bullish ChannelEGLD has been trading inside this bullish channel for over a year now. Recently, EGLD has seen a lot more bullish price action coming it's way because it was rejecting a huge support area around $130.
Assuming that this is the bottom, EGLD could move all the way back to the top of the channel. Be aware that this is a long-term trade and might take multiple months to play out. Furthermore, the current market's outlook is not good. Wait for a definite change in trend before entering long-term bullish trades.
Happy trading!
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (145.02).
. 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 63.
Take Profits:
TP1= @ 160.15
TP2= @ 183.35
TP3= @ 206.16
TP4= @ 222.26
TP5= @ 254.37
SL= Break below S2
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💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (145.02).
. 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 63.
Take Profits:
TP1= @ 160.15
TP2= @ 183.35
TP3= @ 206.16
TP4= @ 222.26
TP5= @ 254.37
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 same scenario as BTC great entry is from wave E at the triangle that will make a B , The C leg the potencial to reach 321$
EGLD is about to do something explosive🤯🚀Hello traders 🐺 .
In this idea I want to talk about one of the very good project (EGLD) and in my opinion this coin have great potential for the very great pump , so stick with me until the end of the idea , also don't forgot to follow me for more support ; thank you my friends .
As usual let's start with the higher time frame :
In the chart above you can see that , currently EGLD is trading above the weekly support and this is a good news for the EGLD holders , because in this area we have a very strong demand , from one side we have a monthly trend line and in the other side price is above the weekly support , so I think there is good chance for the EGLD to form a W pattern and start to revers from the current level .
The next important resistance is around 200$ and make sure to take some profit around the weekly resistance structure .
About the possible price targets for the EGLD I will inform you , if price success to reverse from the current level , so make sure to follow me and read my future updates about the EGLD .
Thank you guys for reading my idea , also don't forget to like my ideas and follow me for more support🙏.
Fly me to the moon..... Soon!Almost 80% down from ATH, which is nothing compared of the probabilities of profits in the next bull run.
Egld BulishHello, I noticed this cycle at 112 days, and I used the wave indicators, they seem to have good results on Fibonacci so I'm waiting for your comments on this post.
I bought massively at 139 usdt, it is not a financial advice but I like to know that not only I see this.
let's go on the moon !!!!!!!
EGLD long positionHello trading view community, should you like this analysis, please support with like and comments. Thanks
it seems that EGLD is something in this between, as one may observe it has switch its channel to upper level which could be a good sign as EGLD reacted to $130 support level and surge up, if EGLD could pass its dynamic trend line on $165 EGLD may go toward upper and important resistance zones on $171, $205 & $276 respectively, otherwise it may crash down again to $111 & $66 support levels respectively.
The best senario for EGLD is that, it may continue its movement upward regarding the momentum which it has already gained, hence in case it break its dynamic trend line at $165, it might be a long signal and $171, $205 & $276 are the zones one may make it risk free to go.
This is a personal idea, and I am not a financial adviser.
#EGLDThe falling might be over here.
As RSI is printing RSI is showing bullish divergence.
Send it $350
EGLD projection on a weekly time frameThis projection is based on the past trajectory of EGLD moves.. of course if the world as we know it don't collapse.
The descending channels are very similar and so far the ascending channel too. We already had as SoW the rejection of the middle of the channel, bottoming and recover. Of course the end of the run (dates and values) are based on the slope angle and time from the posterior up run.. The wide of the channel can vary accordingly to the volume trade.
I wold be very happy if something like that plays out.
⚡️⚡️ #EGLD/USDT - Potential 107% ⚡️⚡️⚡️⚡️ #EGLD/USDT - Potential 107% ⚡️⚡️
Note: Strong News Dropped / Coming to end of consolidation / BTC could pump soon
Entry: 144.56 - 128.27
Target 1: 159
Target 2: 196
Target 3: 220
Target 4: 266
Stop-Loss: 118
"Elrond Network Acquires Payments Firm Twispay, Wins E-Money License
Elrond said the approval to issue regulated e-money across Europe was granted by the National Bank of Romania."
#EGLDUSDT looks prime for 350% Rally!Welcome to this quick EGLD/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#EGLD/USDT looks triangle pattern create and 350% Rally confirms and long term hold!
Entry:-$113.05
$139.01
Target:-350%
Stoploss:-$96.34
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of EGLD in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
EGLD expecting 215-235Higher timeframes (W, 3D, D) momentum indicators are showing a potential reversal. In confluence with LTF (4H) breakout, we could be seeing this play out to the 215-235 area. This would set a HL-HH structure, meaning that further upside is due. All depends on king BTC turning bullish. For my take on BTC, check the linked ideas below.
