💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetwork
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (110.90).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77
Take Profits:
TP1= @ 121.73
TP2= @ 139.58
TP3= @ 154.86
TP4= @ 172.77
TP5= @ 204.95
SL= Break below S2
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EGLD
EGLDBTC The Bulls Are in Control
Welcome back Traders, Investors, and Community!
Hi Traders, EGLDBTC on D TF after Breaking above the resistance it is expected to go higher
⬆️Buy now or Buy at 0.002190
⭕️SL @ 0.0020
✅TP1 @ 0.002760
✅TP2 @ 0.003540
✅TP3 @ 0.005380
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🔥 EGLD Inverse Head & Shoulders: Bullish Price ActionSince the drop late May, EGLD has formed a bullish inverse head and shoulders pattern. With EGDL on the verge of breaking through $100 and BTC showing the most bullishness in months, there's a decent chance for EGLD to see some strong gains in the near term.
First target would be the $120 resistance. Second, longer-term target is placed at $150. We'd need some strong price action from BTC in order to reach the second target.
Happy trading!
EGLD Fibonacci scenarioHi guys,
On the fibs retracement : the minimum level projected to be reached in the next 60 days would be 154$ and a max at around 249$
On the fibs extension (if we already got the bottom ) : the minimum level to be reached in the next 60 days would be 148$ and a maximum at around 248$.
Not financial advice. DYOR
EGLD bull scenario 25th of July 2021Hi guys,
We can observe that EGLD broke out of the descending channel, did a te-test and continued higher. Also an inverted h & s that already broke to the upside.
I am very bullish on the project for the next 40 to 60 days ( DEX is coming out next month ). Very low supply - under 30 mil.
Bull over 107 $ with a target in the 160$ area in the next 4 to 6 weeks.
Bear : under 73$ with some support at the 54$ area.
Not financial advice, trade safely guys.
Next resistance levels are the FIBS on the chart : 95$, 103$, 112$, 125$
$EGLD/USDT 8h (Binance Futures)Falling broadening wedge breakoutElrond eGold has broken out and is likely to retest 50MA before bullish continuation.
Current Price= 80.52
Buy Entry = 75.09 - 70.69
Take Profit= 85.98 | 99.50 | 115.25
Stop Loss= 61.94
Risk/Reward= 1:1.2 | 1:2.43 | 1:3.87
Expected Profit= +17.96% | +36.51% | +58.11%
Possible Loss= -15.02%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 3 weeks
💡Don't miss the great buy opportunity in EGLDBUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (74.83).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDBUSD 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 52.
Take Profits:
TP1= @ 89.55
TP2= @ 104.68
TP3= @ 115.86
TP4= @ 140.52
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 ❤️
💡Don't miss the great buy opportunity in EGLDBUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (74.83).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDBUSD 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 52.
Take Profits:
TP1= @ 89.55
TP2= @ 104.68
TP3= @ 115.86
TP4= @ 140.52
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 ❤️