EGLDUSDTPERP
✳️EGLD/USDT Analysis (7/11) #EGLD $EGLDEGLD, after breaking out of the Round Bottom pattern, has risen sharply and the target of this pattern is at 23-24$
The nearest support area that we can consider buying is the 16-17$ zone, if EGLD loses this zone, EGLD will fall into a downtrend and will dump hard in this December.
📈BUY
-Buy: 16-17$ if A.SL if B
📉SELL
-Sell: 23-24$$ if B.SL if A
♻️BACK-UP
-Sell: 16-17$ if B.SL if A
-Buy: 12.5-13.5$ if A.SL if B
-Sell: 12.5-13.5$ if B.SL if A
-Buy: 8.5-9.5$ if A.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
EGLD another bullish wave ?EGLD / USDT
Price after recent bullish moves
Start to Consolidate in top forming a flag pattern
And turned previous resistance into support
As long as price hold new support in chart
and didn't close by daily candel below
there is a Potential new bullish wave
with new targets 15.55$ - 17.7$ - 20$
Note : this is not a buy signal from current price
Just reading chart for those still hold or bought a little below
Good luck and happy trading 🌹
EGLD LONG TRADE 20201204Symbol: EGLDUSD , EGLDUSDTP, EGLDUSDT
Signal: Red -> Green
Context: Green
Trade closed manually: Closed when the above ribbons turns Yellow or Red.
I appreciate your like or comment. Welcome to share your idea here.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
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 🌹