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
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 !
EGLDUSDTEGLD gave us the profit that almost none of other tokens/coins did, since its beginning we covered this nice alt coin
anyway, the chart shows bulls are in control with high power and the chart is just correcting itself not losing anything of its value
EGLD rally is not over yet there is a proof of existence of bulls in this alt coin and we suggest to have some of it
this idea has the confirmation of advance price action
EGLD/USD long limit entryLong limit entry 138
SL 109
PT 204
BE 167
RRR 2,3:1
POC + FIBO 61,8 + PIVOT + trendline breakout
BINANCE:EGLDUSDT
EGLD.USDT (Y21.P2.E2).The story continuesHi Traders,
This is a continuation of the previous post, link provided below;
Don't forget about EGLD
My chart says it all, bullish.
Please give ma like or tick for this post.
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As you may appreciate, posting charts can take a considerable amount of time so I hope those that have decided to follow me have benefited financially and technically.
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Regards,
S.SAri
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EGLD.USDT (Y21.P2.E1).Looking for the next long entryHi Traders,
This is the buy zone if you haven't bought the dip.
Similar to AAVE, its forming a macro bullish re-accumulation structure and the buy zone is a per the chart.
However I would put a stop loss under $129 (as its always possible BTC would make a dip for the last time, but I doubt it).
What's going for it? and how to trade this?
It depends on your strategy.
1) Buy now, as its on a support level and just HODL;
2) Enter after breaking the 0.5 fib level and black resistance trend line ;
3) wait for another formation on the 1 hrly timeframe
OR 4) wait and look for a bullish 2x 4 hrly candle combination here
All the best,
S.SAri
EGLD BREAKOUT: new ATH coming soon!EGLD has been in a very long consolidation after its surge that ended on Feb 7th with an ATH of 217$.
The bull run was very powerful; coming from 34$ on January 24th but thus overextended, hence a long consolidation period.
Now EGLD just broke out of a huge triangle and is ready to join the alt mania party for a new ATH, check chart for targets.
I am very bullish on EGLD fundamentally, token economics are great (scarce) and I believe we can see 2 to 4x in the coming months!
(obviously EGLD is bullish on the BTC pair as well with 20/30% potential gain in the mid/short term)
Happy alt days! (check my profile for more (about to) mooning alt coins)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.