Egldusdtlong
EGLD : A Clean falling wedgeElrond is consolidating inside a falling wedge and on breakout, I will watch out for the following 3 resistance zones. Currently bought a bag and holding in Spot...
EGLDUSDT Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Target zone: 70-75
after first target reached move ur stop to breakeven
Stop: ~47 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (49.43).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 65.47
TP2= @ 74.53
TP3= @ 87.24
TP4= @ 96.06
TP5= @ 103.42
SL= Break below S2
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💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (49.43).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 69.
Take Profits:
TP1= @ 65.47
TP2= @ 74.53
TP3= @ 87.24
TP4= @ 96.06
TP5= @ 103.42
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 / Crypto 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 : Reversal Soon?EGLD / H4 / Log chart
Elrond will possibly form a Triple bottom support here and incase of bearish reversal, Confirmation will be a downtrend break and Supertrend giving a buy signal.
Longing some #EGLD When Downtrend line gets broken and Supertrend indicator gives a Buy signal.
EGLDUSDT, The price break this support levelHello everybody
EGLD is one the most powerful project that is working on ... . (Fundamental is good for investing)
According to the chart and the condition of the market, We expect that the price can break this support trendline level becuase the angle and the condition of the trendline isnt good as the market expect it and in days later we have FOMC EVENT that they wanna rise the rate of central bank and this means the markets the all markets ready to fall down.
If you want to take in position observe to capital management and dont forget tu use stop loss
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Good Luck
Abtin
Previous analysis :
ELROND LONGS ACTIVE 📉📉📉Expecting bullish price action on ELROND as price shifted the market strucutre from bearish into bullish, price retraced back into the bullish orderlbock area 150$ + filled the bullish imbalances, i am bullish on BTC meaning elrond should rise as well.
What do you think ? Comment below..
ELROND(EGLD) LONGS ACTIVE 📉📉📉 📉 Expecting bullish price action on EGLD as price makes the bullish bos shifting on it's way the structure from bearish into bullish. Price made the retracement move back into discount market area on the fibonacci + bullish orderblock area on 140$ price area. I think we will be bullish on the cryptos for the upcoming days.
What do you think ? Comment below..
EGLDUSD - Heavily Correlated to EthereumMany similarities are drawn in both charts
A large up channel, that so far hasn't broken
Two bottoms along this channel
Top points in relatively similar positions on both charts
A flat 200MA
This could be a sign that coins like EGLD are less correlated to BTC but more to ETH
ELROND LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on ELROND(EGLD) after price made a failure swing low meaning near 130$ price area meaning the market strucutre has been shifted. We have a bullish BOS. I woudnt take LONGS trade from this area as we are not in a DISCOUNT market area yet. I will wait for the price to return to fill the bullish imbalances and reject the bullish orderblock on H4. And from there to go higher above 250$ - 300$ area.
What do you think ? Where we go next ?
EGLD will be Gold in Next days?Here is My Study Results on EGLD
I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
Aprox. All Crypto Currncies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis
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BEST PERFORME EGLD IN 2022 By triesdi from Indonesiaafter close candle rather 205$ EGLD continous bull and close at 298.5$ and corection again. to 225$ ema 200. and break move to 329$ to create big big bearish divergance and mey-july last week welcome to big dump for EGLD.. and than when buy EGLD ? best price range 72-86$ and hold till 2023 feb-maret and target major 924.26$ this is big target .
EGLDUSDT - LONGBased on technical factors there is a long position in EGLDUSDT Elrond
EGLDUSDT Elrond
Score 3️⃣
🔵Long Now or set on Key Level 194.45
🟢Target 1 211.50
🟢Target 2 228.00
❌Stop loss 190.70
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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