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Egldusdt

✳️EGLD/USDT (7/11) #EGLD $EGLD #EGLDUSDTEGLD is in strong buying pressure and has also broken through the resistance zone at 8$, and the heading target is the 10$ zone. There will be a significant selling force that could cause the EDLD to return to the 8$ zone and then rise sharply to break the 10$ zone to move up to the 14$ zone 📈BUY- LONG Strategy - Buy close to 7.5-8$, stoploss if B 📉SELL-SHORT Strategy - Sell close to 10-10.5$ if B, stoploss if A - Sell close to 14-14.5$ if B, stoploss if A ♻️BACK-UP Plan - Sell close to 7.5-8$ if B, stoploss if A - Buy close to 5-5.5$ if A, stoploss if B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
EGLD/USDT (Trading at Resistance Zone)💎Technical Analysis Summary💎 BINANCE: EGLDUSDT -EGLD is up over 140% from the daily swing low up to the recent top -The price is currently trading at a strong resistance zone between 0.5 - 0.618 Fib -There is no sign of Bearish rejection yet as the daily candle about to close in a few hours -If we want to stay in the Bullish momentum, EGLD must hold within this resistance area for at least 3-7 days -But if the Bulls failed, we might expect correction even down back to the 11-10 dollars -Please always examine both sides of the market so you can set a proper risk to reward ratio ⚠️Please always read the description before commenting⚠️ A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
11
eGLD/USDT - officialy BULLISHHello folks! Almost a week ago, I've shared with you my view on this pair (it was around $8.8) and I've mentioned that we are about to start forming higher highs and higher lows. Now, here we are, around $12.7 with such a strong breakout on daily. This analyze is on daily, so DO NOT shake out at price corrections on lower timeframes! SUPPORT: - $12.2 (target that in September acted as support, rejected and, when broke, it lasted untill now) - $10.4 (this price was resistance on a price range for 2 months (while eGLD was sideways); furthermore, around this target ($10.6) is a 32.8 fibo retracement level) - $8.6 (middle of the sideways range) RESISTANCE - $13.4 (this one is actually a resistance on weekly chart, but given the fact that there are no significant resistances above this level on weekly, makes it important; a close above it on W takes eGLD toward ATH); - $15 (acted as resistance in September and when rejected, price went straight down; also, it can be a 61.8 fib extension level, considering $6 as the lowest price (19th Oct), today's high ($13.5) as peak and $10.4 as a possible correction); - $17.7 (3 candles ranged around this level; even so, it's not such an important resistance, but it worths to be mentioned); I've also drawn an Elliott W. scenario, but you have to readjust the first wave in case that it keeps pumping! (obviously, from another point of view, this could also be the 3rd wave) IMPORTANT: Please, keep in mind, that every target specified above, IS NOT AN EXACT PRICE, so take it rather as a narrow range! Stay safe This is not financial advice!
Long
by rooster_xbt
6
EGLD / BTCEGLD / BTC 🌟 Technical Analysis 🌟 The price broke out from the falling wedge And forming bullish inverse H&S Now we can see also The price got rejected from EMA 50 (brown) after nice Breakout And EMA 20 hold as support (red) If market and btc continue giving alts a breath... EGLD one of top coins that will grow Now i expect it will have some pullback to local daily support before next leg up Buy after successful retest Please have a plan before trading and use stoploss Good luck and happy trading 🌹
Long
by Babenski
2
eGLD/USDT - DAILY CHARTHello folks! Today I want to set out a few things on eGLD/USDT pair, so we can further have a clearer view upon this chart. Resistance: - $9.8 (up to $10.4 - both daily) - $12.3 (daily) * - $13.4 (weekly) - $14 (daily) If we have a clear breakout above $10.4 on daily, next target is $14, with a possibility of price ranging around for a bit between $11.3-$12.3. Support: - $8.7 (32.8 fibo level - daily) - $7.8 (daily) * -$7.56 (weekly - never closed below !!) - $6.9 (daily) If we close below $8.7 on daily, next target is $7.8. Same thing on this level (clear breakout below $7.8 -> $6.9 - BUT on weekly, most probably, price will go up to close above $7.56). Accumulation zone: $6.9 - $7.8 Personal view: On short term, I think this day or the next one (28.11) we will close below $8.7 so we can retest $7.8 (or as close as possible). From there, we will reject and keep going up, forming higher lows and then higher highs. THIS IS JUST MY PERSONAL VIEW, SO YOU AND ONLY YOU ARE RESPONSIBLE FOR YOUR OWN TRADES! Even if this price prediction fails, support and resistance levels are still valid so stick to them! Wish you all good luck and stay safe! This is not financial advice
by rooster_xbt
2