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Egldusdt

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
EGLD/BTC (Testing Important Support)💎Technical Analysis Summary💎 BINANCE: EGLDBTC -EGLD is back from its previous minor consolidation last June 2020 -This is crucial, because if this level of support failed -The next potential support below is somewhere around 300s sat -That is quite a heavy downward move if it happens -The Altcoin market is too Bearish as of this moment -So buying at key support is still high-risk A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉 `````````````````````````````````````````````` 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
eGLD/USDT - h4 update (IMPORTANT LEVELS)Hello folks! We have a really cool chart on eGLD/USDT and I fully recommend you to watch it closely for the coming days. The white descending channel has it's support at ATH candle close and it's resistance at it's peak (not exactly "ATH" - I chose the second candle on daily because the first one is the actual one that made an ATH and it's kinda irrelevant because price has an extreme low and high levels, so just ignore it). Currently, the price is sideways and it's just between 2 areas: if it breaks up $7.8, we're going first to $8.2 (38.2 fib retracement level - if this one is broke as well, then we're heading to $9.3 AND we've already changed the trend into a bullish one (because we are breaking the resistance from the descending white channel - which is important)). If we break down $7.2, we'll soon see $6.6 (if this one is broke, we are going to test the 61.8 fib extension level ($5,5)). Keep in touch and stay safe! This is not financial advice! Diversity your portofolio!
by rooster_xbt
EGLD/BTC (Awaiting Breakout Direction)💎Technical Analysis Summary💎 BINANCE: EGLDBTC -EGLD is on a strong downtrend -The price is currently trading in a ranging channel -It will either break to the upside or downside -So to protect your self from the wrong direction -Waiting for the breakout direction is the is the best option -If the market breaks to the upside above the channel box -That is good confirmation to enter a Buy position -Target is up to 900 sats or higher -But if the market breaks lower below the channel -That would be a good selling position A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` 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
8