CRYPTO Markets situation(What is going to happen right now?)Hi every one
the latest dip in crypto markets was pretty unfortunate for a lot of people. but the dump is only temporary! as you can see we provided some examples for you that shows the market is forming The V pattern! V pattern happens when the market gets emotional and people act on their Greed and Fear!(It is usually associated with high trading volume) V patterns Don't Effect the market trend. In our opinion the market will be back to where It has been few days ago and It would continue the bullish trend!
Thank you for seeing idea .
Have a nice day and Good luck
Egldusdt
Elrond EGLD Bull flag Price projectionHi everyone, it's been a while, hope everyone is awesome !!
Just want to share quickly this bullflag formation with you, 2 projected possible prices are 281$ and 338$.
Last daily candle close was Bullish with a double bottom for the eGOLD.
I wish you the best of the best!
EGLD daily chartBull : sustains the price over the 190$ levels. The RSI shows a big bullish divergence that is currently playing out, price went to 245$ over the course of the weekend.
Bear : we form a bearish divergence and dip bellow the 190$ levels. If this will be the case, the 140$ levels seems to be a big support.
trade safely guys, this is not financial advice, only drawings on a chart.
EGLDUSDT | Crypto | Binance | Cup or Flag Which One After a strong climb, the currency formed a triangular pattern, corrected its rapid movement and gained the energy needed to climb.
As can be seen from the chart, after the failure of the white triangle, it quickly reached its highest price level.
The price is expected to show a corrective move at this level due to its sharp momentum :
This correction can continue even at the level of $ 176.
I marked the best level to offer with an orange rectangle.
Naturally, the price will not move at our request, but with its history, it can be predicted that it will continue to rise at this level by forming one of these two forms :
1. Cup & Handler
2. Flag Patter
Please Share with me your Idea About it .
Thank you
EGLD is on the moveWe started phase E, markup fase, will have pullbacks or small distribution zones, but the overall trend is up. Being cautious though since altcoins have been going up steadily over the past week(s), and BTC pi cycle top lines are very close to crossing. Use a SL to protect your gains !