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EGLD

📈Elrond (EGLD) Jul-23 #EGLD $EGLDEGLD is gradually forming the Ascending Triangle pattern so that it can reverse the trend to the uptrend. It is now starting to reach the Ichimoku cloud and this is a signal that we may be starting to consider buying EGLD. Currently, the price zone of the upper edge of the Ascending Triangle pattern is at $65 and its strong resistance is at the $70 zone. If EGLD can break through all these resistances, it will approach the $90 zone or even higher as it officially enters a long-term uptrend.
Long
by CryptoStation
EGLD - Ready to go to hell🔥Reasons to take short: ⭐️ BTC bearish ⭐️ Took stoplosses of bears ⭐️ Sharp approaches down ⭐️ Slowly squeezing to the level ⭐️ Dominance is testing support ⭐️ 5th touch ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
10
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (49.43). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 65.47 TP2= @ 74.53 TP3= @ 87.24 TP4= @ 96.06 TP5= @ 103.42 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
7