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Egldusd

EGLD/USDT (Trading at Resistance Zone)💎Technical Analysis Summary💎 BINANCE: EGLDUSDT -EGLD is up over 140% from the daily swing low up to the recent top -The price is currently trading at a strong resistance zone between 0.5 - 0.618 Fib -There is no sign of Bearish rejection yet as the daily candle about to close in a few hours -If we want to stay in the Bullish momentum, EGLD must hold within this resistance area for at least 3-7 days -But if the Bulls failed, we might expect correction even down back to the 11-10 dollars -Please always examine both sides of the market so you can set a proper risk to reward ratio ⚠️Please always read the description before commenting⚠️ A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
11
EGLD / BTCEGLD / BTC 🌟 Technical Analysis 🌟 The price broke out from the falling wedge And forming bullish inverse H&S Now we can see also The price got rejected from EMA 50 (brown) after nice Breakout And EMA 20 hold as support (red) If market and btc continue giving alts a breath... EGLD one of top coins that will grow Now i expect it will have some pullback to local daily support before next leg up Buy after successful retest Please have a plan before trading and use stoploss Good luck and happy trading 🌹
Long
by Babenski
2
EGLD/BTC (Testing Important Support)💎Technical Analysis Summary💎 BINANCE: EGLDBTC -EGLD is back from its previous minor consolidation last June 2020 -This is crucial, because if this level of support failed -The next potential support below is somewhere around 300s sat -That is quite a heavy downward move if it happens -The Altcoin market is too Bearish as of this moment -So buying at key support is still high-risk A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
EGLD/BTC (Awaiting Breakout Direction)💎Technical Analysis Summary💎 BINANCE: EGLDBTC -EGLD is on a strong downtrend -The price is currently trading in a ranging channel -It will either break to the upside or downside -So to protect your self from the wrong direction -Waiting for the breakout direction is the is the best option -If the market breaks to the upside above the channel box -That is good confirmation to enter a Buy position -Target is up to 900 sats or higher -But if the market breaks lower below the channel -That would be a good selling position A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
8