Lets go eGLD Lets Go!Lets go eGLD Lets Go! Lets go eGLD Lets Go! Lets go eGLD Lets Go! Lets go eGLD Lets Go! Lets go eGLD Lets Go! Lets go eGLD Lets Go!
EGLD
EGLD bull scenario 22nd of September 2021Hi guys,
The 180$ area shows a lot of strength, I think that is the local bottom so far for EGLD. A clear breakout sustained by volume would push the price further into 240 / 270$ area.
Not financial advice, trade safely guys !
💡Don't miss the great buy opportunity in EGLDBTC @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.004594).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDBTC 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 55.
Take Profits:
TP1= @ 0.005145
TP2= @ 0.005704
TP3= @ 0.006075
TP4= @ 0.006497
TP5= @ 0.007000
SL= Break below S2
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💡Don't miss the great buy opportunity in EGLDBTC @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.004594).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDBTC 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 56.
Take Profits:
TP1= @ 0.005145
TP2= @ 0.005704
TP3= @ 0.006075
TP4= @ 0.006497
TP5= @ 0.007000
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 ❤️
Elrond Gold - EGLD - Bouncing off moving average supportElrond Gold - EGLD - Bouncing off moving average support. Big drops lead to big gains? We will see? Edutainment Purposes only!
BTC UpdateBTC retesting the resistance trendline it broke out through and also aligns with the strong resistance turned support $47,400. Plus 200 day MA. I am hoping for a strong bounce however Sundays after a breakout may be a profit taking day and I just hope can hold above this level to set up a strong week ahead.
FET Trade EnteredThis looks a strong entry. support trendline has been strong and I expect to break resistance on this next test.
BTC Update Previous update ******Want BTC to continue to flip $47,400 from resistance to support, looking for far better volume which continues to be lacking, hat will see a break out of this wedge formation to show better strength*******
All of the above eventuated and no flipping $48,150 resistance to support with the break above, retest and bounce.
Smart Money LONG | EGLDUSDLooking at this coin in particular if you are a crypto trader
Look to buy at 1 of these 2 levels to get the best potential price
EGLD/USDT has reached the support point and I think it is readEGLD/USDT has reached the support point and I think it is ready to move up.
The EGLD/USDT has hit relatively strong support at $ 246 and I expect it to move up.
RSI and MACD chart show a exaggerated divergence. (+ED)
Of course, we have to wait for a positive move to happen on the chart and we will not buy now.
In the MACD chart, you have to wait for the SIGNAL line to move up (the same blue line in the MACD)
Target : 256 / 264 / 270 / 276 / 283
Stop lost : 240
Note that all analysis is done according to the current market conditions and if something special happens to Bitcoin, it can affect all Altcoins and lead to a fundamental market instead of a technical one.
This is just a suggestion based on my own analysis.
You are responsible for your own sales.
I apologize if I explained somewhere wrong and thank you very much for reading my article.
BTC Update Want BTC to continue to flip $47,400 from resistance to support, looking for far better volume which continues to be lacking, hat will see a break out of this wedge formation to show better strength.
EGLDUSD - bullish?EGLD seems very bullish in relation to btc.
At the end btc has to keep the 47k resistance level.
Just an idea.
🔥 EGLD Price Discovery: Sky Is The LimitLast week I made an analysis on EGLD. Here I discussed the movement after the big sell-off we saw then, with a target at $240.
As of this week, we've shot far over the initial $240 target, even hitting $300 at some point. With the market seeing some minor bearish pressure at the moment, EGLD has given away most of its gains and is now trading downwards.
I'm expecting one or two more days of bearish pressure for EGLD. I'm expecting the area between $200 - $240 to function as reversal area.
Near term target is the $300 resistance, potentially shooting up till $350.
Happy trading!
EGLD will 36011111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
Will EGLD break above 300$ again?!Here's a quick look at EGLD 1 hr chart. As we can see, the price has printed a bigger rising channel and is currently at the bottom the channel. This could be a good buy area, but we should be very careful of what BTC does next.
The best entry would be, when the price breaks above the Resistance line with good amount of volume .
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The idea is: Buy the breakout from the resistance line and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 288$
2. 300$
3. 324$
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ELGORANDI would rate this as a very decent continuation not the biggest timeframe but we should try to make a run and lets hope we run the tape.
BTC Update BTC continues to struggle with $47,400 resistance and I feel if it cant close above then this rejection will be significant and $42,000 could be on the cards.
EGLDUSDT: BREAKOUT FALLING WEDGE, CONFIRMATION OF BULLISH BIAS?Hello Fellow Traders, here's your free outlook for EGLDUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
EGLDUSDT is breaking out of the falling wedge pattern. Breakout of falling wedge is indicating the possibility of continuing its bullish bias. The momentum indicator starts pointing up in the neutral area, therefore, there is a probability of moving upward to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Egld support line formed Good to buy some here it's forming support here it can pump from here making it's new higher highs
Place stop loss if support broken
Thanks
BTC Update BTC 2 out of 3 steps, break out of falling wedge, close above $46,400 now need close above $47,400 and then I will be short term bullish
FET Update - Trade EnteredAs per previous idea, FET broke out of the bull flag with a classic retest of resistance trend line, we entered for the bounce and uptrend we expect to continue.
EGLD looking super strong $EGLD looks great , support below at $260 and $230 so if we get a retest of those would be great buying point imho
#nfa #dyor but my end of bull run price target is $2500 for $EGLD
Been trying to get as many people in as I could since the mid cycle dip to $54
