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Egldusdt

💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (161.95). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 45. Take Profits: TP1= @ 175.10 TP2= @ 204.85 TP3= @ 244.50 TP4= @ 283.75 TP5= @ 373.20 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 ❤️
Long
by ForecastCity
4
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (161.95). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 43. Take Profits: TP1= @ 175.10 TP2= @ 204.85 TP3= @ 244.50 TP4= @ 283.75 TP5= @ 373.20 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 ❤️
Long
by ForecastCity_World
17
EGLD/USDT can become bullish soon!Hi every one EGLD / TETHERUS EGLD/USDT has formed an ascending triangle which is a bullish pattern! the price can increase as much as the measured price movement (AB=CD) but only after the break out happens we can be sure about the bullish movement! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea Have a nice day and Good luck.
Long
by CobraVanguard
6
EGLD up to $300EGLD has been trading in the same channel since February. Good new for us is that this is an ascending channel. Additionally we have testing the middle of the channel multiple times over the last three months and each time we have been rejected. This is not that big of a deal since a move back to the middle of the channel from our current price is a 60% increase in ELGD's price. Other bullish signals include the MACD crossing the signal line, as well as the fact that the price has stayed over the 50 day MA for the last week. I would however like to see more volume. A stop loss would be if EGLD closes the day under the channel Have fun, trade at your own risk.
Long
by zsamochin
Elrond EGLD 2 Rising Wedges 98.40$Hello everyone, We are still in the Rising wedge inside another Rising Wedge and the price is going up and the Volume is decreasing afected by the compression. It can be interpreted has a bear Flag too. For me this is a Bull TRAP. The 0.85% is the Ultimate fib in a bearish Zig Zag which is 221.70$. The pole of the bear flag bring me to the Golden pocket and the pole of the small rising wedge can only be apply at the breakdown point. When the drop will happen those are my current top entries : 1-Golden fib is at 98.40$ and the pole of the bear flag 2-The Weekly MA21 is at 119.12$. 3-Support shoulder and 0.726 at 74.51$ 4-Support Shoulder and 0.85 at 44.09$ Have a wonderful day
EShort
by Crypto_Mercy
8
Elrond EGLD Rising Wedge bearishThe Rising Wedge has been confirmed April 18th for Elrond and volume is going down which is usually no a good sign.. The lower line of the wedge is support and the top red line is resistance inside the Wedge. As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising wedge will slope up and with the prevailing trend The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope up and have a bearish bias. To confirm a wedge you need those ingredients : 1-At least 2 touch on the upper line and touch on the lower line (support) 2-Ideally, volume will decline as prices rise and the wedge evolves. An expansion of volume on the support line break can be taken as bearish confirmation. It's the result of the contraction. Bearish confirmation of the pattern does not come until the support line is broken in a convincing fashion. It is sometimes prudent to wait for a break of the previous reaction low. Once support is broken, there can sometimes be a reaction rally to test the newfound resistance level.
E
by Crypto_Mercy
9