EGLDUST trade ideas
SHORT? or LONG? (double high)if this will go bellow 147 i will go short, but if it doesnt cam thru the 147-150 area and bouce more up i will go fort long
trade safe, do your own research good luck yall
🔥 EGLD Desperate For SupportWith EGLD finding support late January, a bullish channel has been formed on the chart. This pattern goes back all the way back to 2021, so we should definitely pay some attention to it.
Over the last couple of days, we've seen another bounce from the lower trend line. If we can get some bullish news in the coming days, I'm expecting a move towards the $200 area. However, if we get more bearish news, there's a decent chance that we're going to end up below the support. In that case, $100 might be a realistic target.
Happy trading!
EGLDUSDT is testing the daily resitancethe price is creating a descending channel on the monthly support on the daily timeframe. The market is testing an important resistance right now on the 162$.
On the 4h timeframe, we can see a breakout from the 4h dynamic resistance.
How to approach?
We are waiting for a breakout from the 160$ and retest the current resistance as new support. Only if the price is going to satisfy our rules we can open a new long position
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
MIDTERM SETUP ON EGLD...!
This might be amazing setup on EGLD after breaking that trend. Make sure to add stop limit.( mandatory )
Elrond (Low risk Long)EGLD Has been trading inside an Ascending channel for the past year. Currently we are in the bottom in the channel and above a strong support. Also, we see A Double bottom price Action. This zone looks good for An low-Leveraged Low risk Long position.
$EGLD $BTC
EGLD/USDT, LongIt is good to long at Support 134-133.5, but it's a bit risky for a swing trade, if you wanna take a leveraged trade then this 134-133.5 support is for you, you may use 10-15x leverage and take your easy profit of 26-30% with SL of 6-11%, if you wanna take a swing trade so wait for wedge braking and wait for a hard close..
Elrond and the rest of the market going to the moon!Most likely this year we will see the largest transfer of wealth in crypto. Just be patient!
EGLD/USDT ANALYSIS:👉 On first glance, you can see that we are still in a clear downtrend. (Lower Highs + Lower Lows). For me to become bullish on this, I want this structure to be broken, ideally with a Higher Low, followed by a Higher High.
👉 We have been following 2 main diagonal trendlines: 1️⃣ the upper trendline has acted as a resistance for 3 times now. Breaking this and we are off higher. 2️⃣ The lower trendline has acted as resistance as well, but we managed to break above this, so if we can hold it on the retest, we go higher.
👉 Fibonacci tool on this recent upmove gives us a good level for our entry at the 0.618 level. This level (or the diagonal trendline retest) would create a Higher Low, meaning we break the excisting downtrend.
👉 My first and obvious Targets would be the open liquidities, formed during this downtrend.
Hope you found it usefull!
Let me know in the comments if you want me to look at your coin suggestions!
Oli 🤝
🆓Elrond (EGLD) Feb-25 #EGLD $EGLD
The buying force at 130$ is quite strong after EGLD retested this support zone. In the next few days it could rally back to the $160 or $200 zone. Pay attention to the $160 zone because selling here is still very strong
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 130$ zone
🔴Buy : 140 - 130
🔴Sell : 160 - 200
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 130$ zone
🔵Sell : 130
🔵Buy : 100
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
$EGLD price actionIf is true that history doesn't repeat but sure rimes, take a look on thos channels. If we continue saling in this direction, i'm expectin something like this. First thing would be testing the middle of the new ascending channel as SOW, then rip.
EGLDUSDT Price created a big bearish flag on the 4 hr timeframe. There is also an N wave that was recently created, price broke and retested the order-block and (should) head to the 100 % on the fib extension tool or lower.
EGLD Cheat Sheet 112-day intervals WTF?
I spotted this one evening and couldn't believe how well it all matched up. Seriously, have a scroll around and let me know what you think :)
egld cand this happen? 51kA projection for egld using ew on log scale , i think is possibile , total suply is in millions just like bitcoin , we will live and see
EGLDit seems that EGLD is going to start a rally, as you can see bullish candles are way stronger than bearish ones, besides Oscillator on HTF is appropriate but not perfect, also price is going to break the triangle. also Fibo 61.8 of the last leg hold price very strongly. so I would enter a position of 1:7 RR.
EGLD/USDT Elliott Wave countTaking a closer look at the wave structure i saw that structure at wave C that marks bullish reversal its overlapping so I think we gonna have a bigger WXY corrective structure that will push higher. We are now into wave B maybe a triangle and a break of it support will go for wave C form X bigger wave.
EGLDUSDT the price is testing the upper trendline
The price is testing the ascending channel as resistance after the breakout from the daily one.
The market is creating a pennant as well below the weekly resistance and 4h resistance.
How to approach?
We will wait for a breakout with Volume from the pennant and 4h resistance. Beware about the weekly resistance, because that resistance is very strong. IF the price is going to satisfy all our rules, 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.
–––––
Follow the Shrimp 🦐
EGLD wake upEGLD wake up. increse price rally again i think
i see big head and shoulder, but i will buy if structure are complete and breakout.
NOT A FINANCIAL ADVICE
🆓Elrond (EGLD) Feb-15 #EGLD $EGLD
The $180 and $160 zone are two very good support zones, but when EGLD corrects here, we can start accumulating for the target of $300 in March.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 160$ zone
🔴Buy : 180 - 160
🔴Sell : 220 - 260 - 300
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 160$ zone
🔵Sell : 160
🔵Buy : 120
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
EGLD/USDT Elliott Wave countEgld ended impulsive move. Also Ended A and B and now we are at the start of wave C
EGLDUSDT Weakness of the process
Here we have a long downward divergence, it is natural that sooner or later we will reach lower points. Important support levels are 110$ and 50$.
