EGLD/USDT - triangle with price preload 🚀Hello everyone, analyzed the EGLD/USDT pair
The price is in an ascending triangle with a preload to the resistance level.
Going beyond this border will provoke an increase of at least 25%
If this does not happen, the price will return to the flat channel. The working areas are shown on the chart. Enter the position only after confirming the level.
The range of operation, levels, and potential stop loss is set by each in accordance with its own risk management, and deposit.
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Egldusdt
💡It's a great buy opportunity in EGLDUSDT @ElrondNetworkTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (129.90).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.66.
Take Profits:
TP1= @ 166.70
TP2= @ 178.85
TP3= @ 188.60
TP4= @ 212.15
TP5= @ 268.85
SL= Break below S2
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ForecastCity English Support Team ❤️
💡It's a great buy opportunity in EGLDUSDT @ElrondNetworkTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (129.90).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.66.
Take Profits:
TP1= @ 166.70
TP2= @ 178.85
TP3= @ 188.60
TP4= @ 212.15
TP5= @ 268.85
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 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 ❤️
EGLD.USDT (Y21.P1.E2.v2).Looking for the next entryHi Traders,
This is a continuation of the previous post, and its post update, link below.
Can you believe it, I got sick again. Not having a good run. Kids this time.
Hence why I'm not posting much.
This chart speaks for itself >
fib level, good
ema support, good
13/50 ema x over, good
structure, good
breakout, confirmed.
All the best,
S.SAri
PREVIOUS POST
ABCDE scenario for Elrond EGLD B wave to 196$Hi everyone,
I decided to share this scenario with you, the way EGLD printed the ABC on the first A leg let me think that this ABCDE scenario is a real possibility.
If i'm right this will push the Elrond price to a possible 196$.
Let me know what you think. I will follow this pattern until i see something else.
Best to you and thanks so much for leaving a comment .. really appreciated.
Elrond to 178$ next target EGOLDHi everyone,
Bitcoin just found a new battle zone between 43k and 57k. A triangle can form during a new consolidation and accumulation phase.
On the 4 hours the bulls took the hand and if they can take the hand on the daily this would be my confirmation.
Same for Elrond.. Bulls are about to take control on the daily, they already did on the 4 hour chart.
In this small Wave 3 161.8% would be my top target around 178$. If you have any question or comment let me know.
You can join me on Youtube or on my website, thanks for supporting my work!
Best to you ! Crypto Mercy
EGLDUSDTHello to you all. Mars Signals team wishes you high profits at all times.
As you can see the trend is bullish. The price broke out of the channel and also made its pull-back and now it is ready to go up. We have shown the resistances on its way for you in the chart.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
EGLD.USDT (Y21.P1.E2).Looking for the next entryHi Traders,
Basically looking for this level to hold as another continuation of the trend, with a lower high.
This current level might test the bottom or support level x2 before it goes up to the next level, which is likely to hold.
Alternatively, look for this.
or looking it from another trader's perspective using ema's, structure and candlesticks, we have the 1 hrly strucuture and 13/50 ema cross over, gives us more confidence
All the best,
S.SAri
Macro overview, livermore's structure