Egldusdt
EGLDUSDT Has Broken Above 2 Important Resistances
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EGLDUSDT on H4 has broken above 2 significant resistances. It will go up
⬆️Buy now or Buy at 99.45
⭕️SL @ 87.38
✅TP1 @ 129
✅TP2 @ 145
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EGLDUSDT - 1Dsee and watch :)
After breaking the trend line, we will probably see good growth up to the specified range ...
SHORT EGLD/USDT! Incoming retest of lower support levelsThe live Elrond price today is $101,74 USD with a 24-hour trading volume of $64.833.259 USD. Elrond is down 0.95% in the last 24 hours. The current CoinMarketCap ranking is #53, with a live market cap of $1.957.389.223 USD.
On 4h chart, RSI looks almost overbought and MACD is about to cross above the EMA, both signals of an expected decrease in price.
TRADE POSITION: SHORT
ENTRY PRICE: > $103.5
TARGETS: $93 (+10%) / $ 86-82 (+20%) / $ 74 (+28%) / $ 69 (+40%)
STOP LOSS: $120
The spotted entry level historically acted as a strong resistance, therefore after all the failed retests started on August 2nd, I now expect a price fall.
Moreover, Keltner channel historically acted as a good estimation of price swings and whenever the asset was close to its upper level, a pullback retesting the lower occured. This metric on both 4h and 1D charts has been used to determine targets.
Interesting fact that Fibonacci time zone indicator did an overall good job in predicting time zones of interests, in particolar levels where a major swing high or swing low occured.
The 8th Vertical line just crossed could result in another significant move to the dowside.
#staytunned
EGLD USDT NEW UPDATEAs we analyzed earlier, Elrond reached $ 105
We now have two scenarios ahead
I set both for you in ascending green and descending red
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Your own risk
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 Usdt My favorite coin #elrondMy favorite coin can go up to $ 105
Your own risk
Manage your capital
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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$, 125$
Our Last Chance To Reach 110$ to 140$. Hello there. Elrond #EGLD looking similar to NEO in 2017!
I AM NOT FINANCIAL ADVICE.
Stay awesome.
EGLD bull scenario for the next 60-90 daysHi guys,
Seems EGLD has recharged and now is getting close to fire.
Bull : over 107$ target 158$
Bear : under 82$ target 73$
Not financial advice
EGLD - $295EGLD is trading just below the resistance of $92.12. If it can break this resistance, we can start seeing a move towards $113.60, $130.95, $148.31, $173.03, $204.50 and $295.41. Failure to break the resistance at $92.12 could lead to a drop towards $74.40, $65.56 and $56.73.
EGLD and a good raise !If it can pass the first green resistance, it can easily grow to the second green line.
Good luck and profitable.
$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
$EGLD, new 1D UCTS Buy (usually strong...$EGLD
Printed a new 1D UCTS Buy (usually strong // backtesting on 2nd pic)
For now trying to hold/flip ~240k sats level into support & if volume appears may lead to upside continuation (~290k sats? // 20%)
Took the entry, will see
#EGLD
EGLD short, day tradeShorting Elrond.
1st target - 80, when the price reaches the first target I'll move sl to the entry price.
2nd - 69
3rd - 60
4th - 54
If this is a real bear market, I'll start accumulating this asset at ~$11.
Not financial advice.
