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EGLD / TetherUS

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EGLDUSDT trade ideas

💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetwork Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (245.69). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDUSDis 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 58 Take Profits: TP1= @ 265.92 TP2= @ 284.29 TP3= @ 298.32 TP4= @ 314.00 TP5= @ 330.26 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
2
EGLDUSDT .618 Fibonacci| Price Action| Trend| Trade Evening Traders, Today’s analysis – EGLDUSDT – trading at a key technical location where a bounce is probable, Points to consider, - Price Action Impulsive - .618 Fibonacci Support - VWAP S/R Support - Low Volume EGLUSDT’s immediate price action is contracting on a key support level that has technical confluence with the .618 Fibonacci and the VWAP, allowing for a bullish bias. The current volume profile is below average, an influx is highly imminent on the expansion. The immediate is the Daily S/R, exceeding this level will lead to a trend continuation. Overall, in my opinion, EGLDUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” – William O’Neil
Long
by AzizKhanZamani
EGLD analysis from 4HR to 30min time frameBINANCE:EGLDUSDT Hello my friends! This is MATE, a team dedicated to develop indicators and auto trading robot. Let's have an analysis for EGLD. I'll do the analysis from large time frame to small time frame, and try to find out what happened to EGLD recently. 4HR time frame: As the figure above, we can see that there was an OBV top divergence (also overbought in LS_AUX indicator), which leads to the price dropped. After that, it got supported by the strongsupport zone (also oversold in LS_AUX ), and entered the consolidation mode. 30min time frame: In this time frame, we can see that it always rebounds when LS_Main and LS_AUX enter the overbought/oversold zone. We can't sure which direction EGLD might go in the future. However, there are still something we konw. (1) there is a strong support zone at around $232.5. It's hard to break through the support zone. (2) there is a resistance line in 30min time frame. In my opinion, EGLD is more likely to rise and break through the resistance line due to the following reasons, (1) Through consolidation, EGLD has left the overbought zone, which gives it the power to continue to rise. (2) the support zone is plotted in 1-day time frame, which is more stronger than the resistance line plotted in 30min time frame. I would be glad if you share your opinion and hit the like button! If you like my analysis, you can follow me to see my analysis at once. Attention: this isn't financial advice, we are just trying to help people understanding how to analyze with technical indicators.
by The_MATE
EGLD Short termEGLD Short term *DISCLAIMER* I am not a financial advisor. The content I create should not be considered financial advice, and is for entertainment purposes only! This is a video for entertainment purposes ONLY. If stocks are mentioned on this videos, I may have an ownership interest in them (i.e. bought some shares) so please DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified appropriate professional for the subject you would like help with financial advice
by danial_uk19
EGLD Short termEGLD Short term *DISCLAIMER* I am not a financial advisor. The content I create should not be considered financial advice, and is for entertainment purposes only! This is a video for entertainment purposes ONLY. If stocks are mentioned on this videos, I may have an ownership interest in them (i.e. bought some shares) so please DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified appropriate professional for the subject you would like help with financial advice
Short
by danial_uk19