EGLDUST trade ideas
EGLD 1DAccumulating zone that im not inrested in. Let's by a dip, or buy when interest fot this coin is confirmed with volumes or the resistance (red zone) is broken. A small divergence (aug20-sept7) on the RSI and 40.00 still bullish. Plese do not trust these divergence in accumulating zones. My fantasy scenario
EGLDUSDT Bearish Cancelling EGLDUSDT long, this is what I call beartrap, they are forming a falling wedge on the 4hours timeframe and trying to make us forget that we recently have broke below a bullish flag, many people will try to long here meanwhile they are taking us to the double TOP on the retest of the breakout. We warned you first! ;)
EGLDUSDT Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Target zone: 70-75
after first target reached move ur stop to breakeven
Stop: ~47 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for EGLDUSDT
According to our previous analysis on August 23, we predicted a falling trend and now you observe this fall has happened. Here we have R3 and R1 as the resistance areas which mean the price was not able to rise at some points. R2 used to be a support line. And S1 is the support area at the bottom of the chart . Thus, we have the price fluctuating over S1 and by rising to R1, we will have two scenarios for it. Either it is able to give us some rising signs and we expect an increase for it toward R2. OR it is probable that the price loses the support and experience a decline to S1. The point is to wait for some confirmation candles and then start trading.
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
EGLDUSDT | BULLISH PARALLEL CHANNELEGLDUSDT has been moving in a bullish parallel channel . The price is making higher highs and higher lows. The price has been trading near the lower boundary of channel. The bullish candles formation on support will only confirm the trend continuation. The bulls need to hold the boundary of channel.
The bulls need to hold this key level. While break below will bring bears in control.
Trade your levels accordingly.
EGLD bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
EGLD is a cypto with a negative overall sentiment recently.
I have the following price targets:
EGLD/USDT short
Entry Range: $51 - 56
Price Target 1: $48
Price Target 2: $39
Price Target 3: $30
Stop Loss: $63
Egld/USDT Long📈Egldusdt long breakout
All conditions for long is confirmed
If we get divergence on 5min chart take profit will be very low
Take profit is dynamic/trailing stop loss.I may update trailing stop loss in the comment box
P.S.THIS IS NOT A FINANCIAL ADVICE
egld/usdtwhat you think about this .the time to pump .in my opinion the market is boring last 2 days to pump now
🔥 EGLD Reversal From Channel Support: High Risk-RewardEGLD has been trading inside this bullish channel for well over two months now.
As of a few days ago, EGLD has reached the channel's support. As of today, we've seen a massive green candle. It's likely that this huge candle will signal the lows and commence the reversal.
In my view, this is a high R/R trade since the stop is quite close and the target is the top of the channel.
EGLDUSDT needs to hold the ascending channelThe price had a false breakout and the market created a deviation above the 65$ area (daily resistance.
Now the price is testing the 0.618 Fibonacci level
How to approach it?
IF the price is going to lose the ascending channel and retest the support as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for EGLDUSDT
In this chart, there is R1 that is a resistance line and and you can observe the disability of the price to rise. And S1 and S2 are our support areas that include the support of the price at some points. Here we have the price fluctuating over S1 and we expect a fall for it to S1 and then we must wait for some rising signs and then we consider our long position and a rise will be waiting for the price toward R1. Actually it is less probable for the price to fall below S1 at the moment.
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 long$EGLD bounced off the lower boundary of an ascending channel. Bullish movement to upper boundary is likely to happen.
ElorandEorand Tecnical Analysis Basically on elliott waves Principles Priceaction Strategy
Elorand can be 10$
Wait and watch.
EGLDUSDTPERP Short PositionEntry : CMP
DCA : 55.38
Stop Loss : 57.30
Targets : 47.43 - 43.26 - 37.89 - 29.0
Important: Do proper risk management and use max 10x leverage.
Goodluck 🙂
EGLDUSDT | APPROACHING TO SUPPORTEGLDUSDT recently broken the rising wedge. The price is making lower lows and lower highs. We are expecting price will took support from mentioned horizontal support zone.
We are watching out the price action on support zone for trend reversal.
Trade your levels accordingly.
EGLD\USDT 📐Symmetrical Triangle📐Hello friends👋.
A Symmetrical Triangle has formed on the 1D timeframe, the price has broken through the upper boundary of the triangle, fixed and is now testing the upper boundary, a good point for buying.
Friends, I will be grateful for the likes👍
Elrond: Bearish of Altcoins Doesn't End Yet, Going to Under $30?Hello Fellow Elrond Coin Investor/Trader, Here's a Technical outlook of EGLDUSDT!
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EGLDUSDT has broken out of a rising wedge pattern. Furthermore, The MACD indicator created a death cross, indicating potential bearish movement ahead.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
EGLDHELLO GUYS THIS MY IDEA 💡ABOUT EGLD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Buyers from this area will be defend this Long position..
and when the price come back to this area, strong Buyers will be push up the market again..
uptrend + Support from the past + Strong volume area is my mainly reason for this long trade..
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TURTLE TRADER 🐢
Cautious, EGLD Historical resistance 1DHello fellas , as you can see we have strong resistance at blue rectangle, if we didn’t breakthrough it , i think we will go to the bottom of the yellow trend 51$ , if we breakthrough it i think we will have good bull run inshallah to 80$ as first target then we will update about it , also this is critical area you must put your stop losses and be careful.
Happy trading and I’m happy to receive your thoughts :)
