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EGLD

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 . ------------------------------------------- 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$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
7
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
Long
by financialfreedomgoals101
6
EGLD 1D H&S or not H&S, that is the question!It's been a long six months since we updated our thoughts on the EGLDUSDT trading pair, but it's time, because in the previous idea worked out all target: Now we have EGLDUSD price at a crossroads, where to go next? We don't know the answer to this question either, we just have a few thoughts-assumptions that we will share: 1) Now EGLDUSDT has finally reached the target of $287 and even slightly higher than it was set in February. However, it is alarming that EGLD price has risen 5.5 times in 3 months, on tiny volumes. Therefore, we would like to see a 50% correction and super buying activity by buyers in the $140-175 area. If that happens — that opens the way for abnormal targets of $700-950 for the Elrond eGold token. Share your thoughts in the comments, what could theoretically provoke such growth? 2) The growth on low volumes has prompted us to think that theoretically it could now form a "head" in a global head-and-shoulders reversal pattern. And the price of EGLD now can even jump to $370 , but such growth will not bring anything good in the future. After all, the global objective of the testing of the "Head and Shoulders" pattern is around $15. To sum it up: there are two equal development scenarios on the chart: blue — much up, red — much down, and you choose (what pill)... which route to go further). _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
65
EGLD to reach new highs within price channel based on MEX launchBINANCE:EGLDUSDT has been strengthening since it re-entered the longer term channel (shown). This is due to further development of the blockchain and partnerships. The upcoming Maiar Exchange (MEX) launch will have a significant impact on the utility of the Elrond blockchain (as seen by DEX implementations on other major blockchains). Once the ATH is breached, price discovery could easily propel price to the upper bound of the channel (price target), and possibly beyond. CRYPTOCAP:EGLD BINANCE:EGLDUSDT BINANCE:EGLDBTC
Long
by BillyStaples
🔥 EGLD Huge Move After Crash: New TargetOver a week ago I made an analysis on EGLD. I expected the price to reach $200 shortly after a huge bullish period. During the crash earlier this week, EGLD fell down to my earlier indicated support of $150. After a while it made a fake-out below the support and reversed swiftly. We're currently trading above our main target of $200. I'm expecting the price to see some consolidation around this area before moving on. New target for the coming weeks is placed at $240. With the rotation of market leaders, this token could very well reach crazy highs in the near future. Happy trading!
Long
by FieryTrading
5