EGLDUST trade ideas
🆓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
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
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
🆓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
BEST PERFORME EGLD IN 2022 By triesdi from Indonesiaafter close candle rather 205$ EGLD continous bull and close at 298.5$ and corection again. to 225$ ema 200. and break move to 329$ to create big big bearish divergance and mey-july last week welcome to big dump for EGLD.. and than when buy EGLD ? best price range 72-86$ and hold till 2023 feb-maret and target major 924.26$ this is big target .
egldnever seizes to amaze me.. like istated in last egld post this is the cleanest setup here. such an easy trade. took half off the table at 191 sell limit that triggered. sure it got more in it. next target 220...but damn it just got a boner LOLLLL hope you guys been following me ive been charting this since 116