EGLDUSDTPERP
EGLD analysisHello dear traders and my subscribers 👥, please if you like ideas do not forget to support it with your boost 🚀 , thank you so much and we will start
EGLD is now retesting the $54.15-$55 area. If the price break below $54 then we see a downward move toward the local support of the $51-$51.40 area. The major support is $45.30-$46.80 area. The next resistance is the $58.70-$59.80 area. Use tight stop loss if you planning to open a long position here.
EGLD : A Clean falling wedgeElrond is consolidating inside a falling wedge and on breakout, I will watch out for the following 3 resistance zones. Currently bought a bag and holding in Spot...
EGLDUSDT, The price break this support levelHello everybody
EGLD is one the most powerful project that is working on ... . (Fundamental is good for investing)
According to the chart and the condition of the market, We expect that the price can break this support trendline level becuase the angle and the condition of the trendline isnt good as the market expect it and in days later we have FOMC EVENT that they wanna rise the rate of central bank and this means the markets the all markets ready to fall down.
If you want to take in position observe to capital management and dont forget tu use stop loss
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Abtin
Previous analysis :
ELROND LONGS ACTIVE 📉📉📉Expecting bullish price action on ELROND as price shifted the market strucutre from bearish into bullish, price retraced back into the bullish orderlbock area 150$ + 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..
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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ELROND (EGLD) LONGS 📉📉📉📉 Expecting bullish price action on EGLD as price find its support area somewhere around 130-140 area as we can clearly see price has not move below the previous low. We also have a bullish bos on the D1 meaning the price has shifted the market strucutre from bearish into bullish and right now we could expect higher prices BUT only after price will retrace back to fill the D1 imbalance.
What do you think ? Comment below..