EGLDUST trade ideas
EGLD lost critical support of 200d trading range: Short set-upEGLD trading below 200d range. Resulting in bearish prospects until trading back above the support zone.
This leads targetting 1,6 extention of that range.
Aligns with untested monthly close of Sep20.
Forecasted potential scenario's.
38,5 would be an excellent entry.
Buying the EGLDHello traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are going to buy EGLD from the key level with tight stoploss.
BUY EGLD now, its at 38.86
Stoploss 38.72(-0.36%)
Target 1, 39.38(+1.3%)
Final Target 39.99(+2.9%)
Don't forget to hit the like button and follow to stay connected
EGLDUSD ❕ above the support zoneThe tempo of price decrease slowed down when trading volumes decreased.
EGLD is trading under liquidity.
The RSI chart is in the oversold zone (4H, 1H and 30m TFs)
BB indicator points to oversold (4H and 30m TFs).
Price and RSI have formed a bullish divergence (30m TF)
I expect price to rise if the asset holds above the support zone.
Elrond vs Tether | Up To 70% Potential Mapped (Early 4U)Hello my fellow cryptocurrency trader, I wanted to share a few charts for you before going back to meditation.
We looked at EGLDBTC but also the Tether pair, EGLDUSDT, is showing growth potential.
We are looking at short-term potential and conservative targets but keep in mind that there can always be more than what is mapped on these charts.
Cryptocurrencies, Altcoins, grow wild and strong.
There is high volatility but being conservative you can't go wrong.
My job is to give you a great entry.
My job is to call your attention to these pairs BEFORE they breakout.
If you manage to buy before the action starts, the rest becomes easy... You can just sell on the way up.
Once in the green, you've won.
Buy early and hold... Let the market take care of the rest.
Thank you always for your continued support.
Namaste.
EGLD Retesting Range ResistanceAfter a series of narrow spread and a shakeout, EGLD is back in range and retesting resistance with demand predominance in the volume. This often indicates a sign of strength (SoS), and if the resistance can be flipped to support, we can expect the resumption of upward price action. Take it up to the 1.272 to the 1.618% Fibonacci zones if this happens and limit out. Invalidate under TRS (the prior range support) if it fails the retest.
*Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts & see the win rates for yourself, then come join us!
**Not financial advice. Always DYOR and trade at your own risk.
EGLD BUY SETUPHello, dear traders. how are you ? Today we have a setup to buy/long the EGLD symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EGLDUSDT | SETUPEGLD after hitting a top at 65 has been trading in downtrend, The price has approached to the strong horizontal support zone The bulls took control from support zone . The broken rising support now acts as resistance. The price has been trading in range. The price need to broke above the resistance.
Manage your trades accordingly.