EGLD
ELROND (EGLD) LONGS 📉📉📉📉 Expecting bullish price action on EGLD as price find its support area somewhere around 130-140 area as we can clearly see price has not move below the previous low. We also have a bullish bos on the D1 meaning the price has shifted the market strucutre from bearish into bullish and right now we could expect higher prices BUT only after price will retrace back to fill the D1 imbalance.
What do you think ? Comment below..
In the end, the EGLD coin broke its falling trendlineThe Elrond coin price is moving higher after breaking the declining trendline, and the coin is observing bullish after the breakout.
The EGLD coin is approaching 100-day moving average after maintaining the crypto price higher above 20 and 50 MAs.
The Elrond coin is looking above the 20 and 50-day moving averages and below the 100 and 200 MA in the daily price chart.
Stoch RSI is rising higher and showing a bullish trend in the context of the regular price chart. At the time of writing, the indicator is moving into overbought territory. Furthermore, the Average Directional Index is at 12-points, suggesting an extreme sideways movement for the Elrond coin.
Elrond investors are looking for a bullish weekend. Now it remains to be seen whether the bulls will succeed in this act. Sellers may gain a greater role around the $230-resistance if investors are unable to break through the next barrier.
Support level - $120and $100
Resistance level - $230 and $300
EGLD/USDT READY TO TEST PREVIOUS ATH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this EGLD/USDT TRADE setup. EGLD looks promising here.
Breaking out from an ascending triangle in the daily time frame. It also trades above 50ma which is a very good sign.
Buy some now and add more in dips.
Entry range:- $150-$164
Target:- 200-250%
SL:- $118
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Thank You!
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has hit the support zone and was supported two times. Now the price is moving up to the resistance zone. The price needs to break the confluence of the resistances to go up but it is possible for the price to have another falling after hitting this area or even reverse set-back from the area. The price is also inside a triangle and if the first support zone is lost, it can move down to the next which would be a good buying area. If the resistance zone is broken, it will move to the next resistance.
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
Elrond EGLD above volume support - W-shape pattern in sight?Elrond EGLD above volume support - W-shape pattern in sight?
Therefore a confirmed breakout above $200 would be necessary.
Breakout target would be $380 at FIB golden pocket.
Bearish scenario when huge volume support at $141 would be broken significant.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
EGLD - My current long term hold. This chart is for observation purposes only and I just wanted to share it with everyone. Elrond, Egld is one of my long term holds. I plan on accumulating as much as possible before breaking triple digits.
ATH and price action has been already mapped out letting us know where everyone likes to buy & sell. With the past price history we can plot out when to take profit and when to DCA back in.
The ATH market cap of Egld is around 11billion and it is currently sitting at a 3 billion market cap as of today, with that being said, it could possibly do another 3-4x.
Play this trade as you will, this is not financial advice and always do your own research.
My take profits are in orange and supports are in green.
#EGLDUSDT looks prime for 350% Rally!Welcome to this quick EGLD/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#EGLD/USDT looks triangle pattern create and 350% Rally confirms and long term hold!
Entry:-$113.05
$139.01
Target:-350%
Stoploss:-$96.34
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of EGLD in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
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..
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