EGLDUSDTPERP
#EGLD/USDT#EGLD
Our price is moving in a bearish channel on the 12-hour frame and has just crossed it to the upside perfectly.
We have a bounce from the lower border of the channel from the green support area at 27.00
We have a tendency to stabilize above the Moving Average 100
Entry price is 27.00
First goal 34.24
The second goal is 40.00
Third goal 46.27
EGLD a Risky LongEGLD on a Verge of breaking Down.
Took a swing Risky leveraged long here from 60.60 with tight and flat stops at lows.
High RR if it holds.
If Holds here and rejects this can send higher fast.
Targeting 90 and 120.
Trades like this cannot be always right but can give an opportunity to trade more.
Note: Not a Financial Advice.
Possible Short & Mid-term Targets for EGLDUSDTGreetings,
In the scenario that the price does not lose the blue box ($57), I expect it to go to the supply zone at $65+ as the first target.
If it can cross the supply zone, the upper resistance levels can be targeted.
In a scenario where the price loses the blue box, the other area I would look for support would be around the green box ($50).
EGLD WatchOuTEgld currently on massive Resistance.
Possible rejection is going to send it lower with impulsive move.
Already in short position from Above 61()
and adding margin here from above 59.20.
Targeting much lower will se how it rejects.
Stopping if holds above 60.
Note: Not a Financial Advice.
EGLD USDT is ready to make a bullish move. Egld just tapped the weekly demand zone. I have bought a huge bag of egld and am bullish on it, looking for at least a 50-100% move here. The bottom has been made on the Egld coin.
Position yourself accordingly and manage your risk, Proper sl and targets are shared in the chart.
EGLD USDT NO FOMO 🛑In the chart, you can easily see that every time EGLD reaches this trend, it immediately drops by 35%. I don't trust the trend line, because most of the trend lines are made to break, but it's better to be careful.
⚠️ Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
EGLD/USDT: Potential Breakout and Bullish Move
EGLD/USDT has been showing signs of a potential breakout on the chart. Based on technical analysis, there is a possibility of a bullish move ranging from 150-250% in the mid-term.
Investors should closely monitor the support and resistance levels for confirmation of the breakout. Additionally, it is important to pay attention to the trading volume to gauge market sentiment. To manage risk, stop-loss orders can be set below the support level.
Overall, if the breakout occurs, EGLD/USDT could provide a profitable opportunity for investors.
#EGLD Egld/USD -4h Chart#EGLD - we have multiple confluences and probabilities.
Analysis is done for the swing trade opportunity.
The first scenario is more optimistic showing only a retrace and continuing the trend. But there is a possibility that the price may liquidate the trendline and make a consolidation at the extreme buy point before continuing its upward movement. Be cautious and do not risk too much.
Invalidation - after $32.22, continuing the downward trend."
EGLD / USDT Price Prediction and technical analysisAre any EGLD fans here?
Elrond is supposed to brake the bullish ascending triangle in 4hr chart. Did you notice that?
you can enter and can put stop loss below support line.
Don't forget to comment and look at my Trust wallet analysis also.
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EGLD/USDT - LONG SCALPING⚡️⚡️ EGLD/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (10.0X)
Entry Orders:
1) 61.84 - 100.0% (1494.996 USDT)
Take-Profit Orders:
1) 62.47 - 35.0%
2) 62.98 - 30.0%
3) 63.5 - 20.0%
4) 63.82 - 10.0%
5) 64.65 - 4.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (2)