EGLD | Channel Breakout Confirmed..!!
#EGLD (update)
In Daily timeframe Chart, Descending Channel Upside Breakout Confirmed..!!
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Egldusdt
These are my favorite set ups!Clear 3 touches on diagonal that coincides right at horizontal resistance.
I love these set ups because you get a break of 2 resistances at once and clear exit point.
Can this fail? Of course, but it makes for a clean/clear entry and exit. #trading #crypto $egld #Elrond
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
EGLD long opp if this happensH4 about to close in 30 and it would offer a nice move up with a breakout of this range. Both ST flipped bullish.
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
EGLD DOUBLE BOTTOM PATTERNHello Guys , How's Going? This Days Market Crash and BTC and Altcoin Are bloody so you should be careful and set stoploss for all of you trading and do your own RISK MANAGMENT , SO EGLD after a big Retrace now I see the Double Bottom Pattern in 4H Time Frame , but as you know Btc is unstable so im setup my Trade and you can see in the chart , first target is 142$ and if neckline break we can expect to see 170$ , NOT FINANCIAL ADVICE
HAVE A GOOD TRADING FELLAS
IDEA OF POTENCIAL BREAKOUTAs we are currently in a bearish trend and the trend line has proven many times to be a massive resistance.
I am waiting for its breakout and potential pump to the level around 220 USDT.
If not we will be continuing the bear trend as seen in the chart.
RSI Stoch is showing a potential value increase that could lead us to the breakout.
Thank you and please feel free to share your opinions!
Elrond EGLDBTC - Huge Falling Wedge + Elliott Wave Diagonal- Elrond - EGLD - Rank #42
- We have a huge falling wedge on the weekly chart which is currently breaking down!
- The Elliott wave completed successfuly with 5 impulse waves (ending diagonal wedge).
- Bearish target is 0.618 FIB or bottom of the wedge!
$UTK forming cup and Handle on 4h !UTK is very good project because of its fundamentals ( payment gateway for web 3.0 ) ! recently they announced the partnership with ElrondNetwork !
On TA UTK forming cup and handle pattern ! if it played out it will give above 40% profit!
PS: this is my analysis on charts so its NFA !
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see the resistance line R1. The price has broken R1 but has not stabilized above this line yet. If it does, it can gradually move up to the area shown on the chart. It is possible for the price to make a pullback to the S1 line and then go up. If it goes below the S1 line then there would be more falling.
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