EGLDUST trade ideas
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for EGLDUSDT
We predicted in our last analysis on May 3 that the price would have more decline. At that time, the price was fluctuating about $120 and we expected more fall for it. Now you can observe that our expectation came true and the price has reached the amount of $75. Here we believe there will be no more fall for the price and it moves to the first resistance line and it has more rise. In case the support is lost for the price, then we should consider a short position 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
EGLD/USD Waiting for price confirmationEGLD/USD
EWT count - 16 MAY 2022
It looks like a correction might have ended, after over 6 months of downfall of EGOLD.
The expected price of $ 72.26 has been touched.
If the price touches the mark of $140.94, we may consider an uptrend of this. If the price keeps heading down, it means that we are still into the "red territory" and an impulse on the downside may form.
Conclusion for now: Wait for confirmation of BUY or SELL signals
This analysis does not represent professional and/or financial advice.
You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information.
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
The price is fluctuating over the support line and it was supported several times by this line. We expect the price to move to the resistance line when it reaches the support line. In case the price moves below the support line and fixes there, we will have more decline in it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
ELROND in the beginning of the 2nd wavecrab harmonic pattern:
X=$635.5
A=$0.33
AB=0.61 XA
BC=0.38 AB
0.78 BC=$24
0.88 BC=$29
0.61 XA=$35
1.13 BC=$44
1.6 BC=$105.5
0.78 XA=$125.74
2 BC=$207.44
0.88 XA=$268
2.24 BC=$317
2.6 BC=$619
1.13 XA=$1700
3.6 BC=$3636
1.27 XA=$4980
4.23 BC=$10857
1.41 XA=$14158
1.6 XA=$68368
EGLDUSDT, The price break this support levelHello everybody
EGLD is one the most powerful project that is working on ... . (Fundamental is good for investing)
According to the chart and the condition of the market, We expect that the price can break this support trendline level becuase the angle and the condition of the trendline isnt good as the market expect it and in days later we have FOMC EVENT that they wanna rise the rate of central bank and this means the markets the all markets ready to fall down.
If you want to take in position observe to capital management and dont forget tu use stop loss
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Good Luck
Abtin
Previous analysis :
Egld analysis You have major levels, minor levels
Purple surfaces are major surfaces and orange surfaces are minor surfaces
Given that we have had a drop from the major level, we can wait for a pattern like the one drawn. This currency code has a lot of good news over the next month, and I think the range
$ 114_129 can be a good range to buy this currency, and if the downtrend fails, it can go up to at least $ 218_248, and the longer-term targets in that range will be: $ 430_547