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Egldusdt

EGLDUSDT Analysis (Local Setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target zone: 70-75 after first target reached move ur stop to breakeven Stop: ~47 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
2
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for EGLDUSDT According to our previous analysis on August 23, we predicted a falling trend and now you observe this fall has happened. Here we have R3 and R1 as the resistance areas which mean the price was not able to rise at some points. R2 used to be a support line. And S1 is the support area at the bottom of the chart . Thus, we have the price fluctuating over S1 and by rising to R1, we will have two scenarios for it. Either it is able to give us some rising signs and we expect an increase for it toward R2. OR it is probable that the price loses the support and experience a decline to S1. The point is to wait for some confirmation candles and then start trading. 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
by MarsSignals
EGLD bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. EGLD is a cypto with a negative overall sentiment recently. I have the following price targets: EGLD/USDT short Entry Range: $51 - 56 Price Target 1: $48 Price Target 2: $39 Price Target 3: $30 Stop Loss: $63
Short
by BuySellMarketMaker
2
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for EGLDUSDT In this chart, there is R1 that is a resistance line and and you can observe the disability of the price to rise. And S1 and S2 are our support areas that include the support of the price at some points. Here we have the price fluctuating over S1 and we expect a fall for it to S1 and then we must wait for some rising signs and then we consider our long position and a rise will be waiting for the price toward R1. Actually it is less probable for the price to fall below S1 at the moment. 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
Long
by MarsSignals
Elrond: Bearish of Altcoins Doesn't End Yet, Going to Under $30?Hello Fellow Elrond Coin Investor/Trader, Here's a Technical outlook of EGLDUSDT! Support our content by smashing the like and follow button, you also can share your opinion in the comment section below. EGLDUSDT has broken out of a rising wedge pattern. Furthermore, The MACD indicator created a death cross, indicating potential bearish movement ahead. All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
Short
by financialfreedomgoals101
10
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for EGLDUSDT Here we have R2 and R1 as our resistance areas and the unsuccessful attempts of the price to rise is obvious. And S1 is the support area which represents the support of the price at several points. At the moment, the price is fluctuating above S1 and we expect a little rise to R1 and then by considering our short position, a decline will be waiting for it to S1. Also it is probable for the price to rise more if it fixes over R1 and above $60 amount. Please remember to activate your stop-loss in order to have less risky trades. 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
Short
by MarsSignals