EGLD/USDTEGLD / USDT
He lost his support and pullback completed it.
It is expected to have a limited $ 66 drop and this level of support will be provided.
If it fails to maintain this level the next limit is $ 33.
#EGLD #BTC #LUNA #UST #BTC #USDT
EGLDUSDT.P trade ideas
EGLD Will the Support Bring us a Hope?EGLD on the major monthly support formed where we required to confirm the bullish breakout as shown through the trend path on the chart. A clean bullish breakout will give us a chance to do a nice long positions on this pair.
EGLD || EW || full scenario Full scenario for egld with targets !! all targets and price action is drawed in chart ! Updates for Egld within this post will come !
Elrond EGLD short Price Targets and Stop LossEGLD/USDT short
Entry Range: $81 - 90
Price Target 1: $73
Price Target 2: $53
Price Target 3: $32
Stop Loss: $115
last chart
EGLD approach to an ascending trendlinehistory repeating itself? quite possible. We see an identical situation marked on the graph
EGLD BottomAiming for $66, IF the bottom filled
Lot of coin going back to when the bull started
Trade safely.
EGLD Support and Resistance lines to watch forEGLD Support and Resistance lines to watch for in the future, try to buy low and sell high
EGLD/USDTBullish breakout :
Entry price 128.02
Take Profit 132.01
Stop Loss 125.45
Bearish breakout :
Entry price 120.23
Take Profit 113.57
Stop Loss 123.46
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
The price is fluctuating over the support line and it was supported several times by this line. We expect the price to move to the resistance line when it reaches the support line. In case the price moves below the support line and fixes there, we will have more decline in it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
EGLD: Descending TriangleMain Pattern: Weekly Descending Triangle
A broke below 121 and 115 may confirms the descending triangle
Elrond EGLD short Price Targets and Stop LossEGLD/USDT short
Entry Range: $121 - 131
Price Target 1: $116
Price Target 2: $107
Price Target 3: $95
Stop Loss: $141
EGLD update 28.04.2022EGLD support and resisstance levels (ressistance levels are invalidated if the price makes a lover low) + potential local bottom (level on fib time, as you can see in the past, in the previous levels we had short term bottoms). Strong support between 98$ and 83$.
ELROND in the beginning of the 2nd wavecrab harmonic pattern:
X=$635.5
A=$0.33
AB=0.61 XA
BC=0.38 AB
0.78 BC=$24
0.88 BC=$29
0.61 XA=$35
1.13 BC=$44
1.6 BC=$105.5
0.78 XA=$125.74
2 BC=$207.44
0.88 XA=$268
2.24 BC=$317
2.6 BC=$619
1.13 XA=$1700
3.6 BC=$3636
1.27 XA=$4980
4.23 BC=$10857
1.41 XA=$14158
1.6 XA=$68368
EGLD longEgld in the channel. Breakout on the upside of the low egld channel go to another level. On fibonacci 1.618% !
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
If you need any help or wanna be our MEMBERSHIP ---> Send us messages
Good Luck
Abtin
Previous analysis :
Egld analysis You have major levels, minor levels
Purple surfaces are major surfaces and orange surfaces are minor surfaces
Given that we have had a drop from the major level, we can wait for a pattern like the one drawn. This currency code has a lot of good news over the next month, and I think the range
$ 114_129 can be a good range to buy this currency, and if the downtrend fails, it can go up to at least $ 218_248, and the longer-term targets in that range will be: $ 430_547
Could be a rising wedge on 1WFundamentally I see nothing wrong with Elrond but the price is mostly mirroring BTC (with a slight delay) so if BTC price drops I expect to see a drop to the orange line (with maybe a wick lower) and then a bounce back.
Eyes on the prize!Our Weekly trend has been on point since April-June 2021. I believe we have retouched our trend.
Patience always win and with Elrond I see us winning!
Trade safely! DYOR.
EGLD BULLISH??You must heard about EGLD coin. This coin has potential for the long term but as you know the whole market is volatile that's why egld is down but you can make quick profit for sometime by doing long on egld.
Why do long only?
There are certain reasons for that:
1) Egld coin is respecting that blue colour trendline from more than a month and now that trendline is already broken. ✅
2) RSI showing oversold that's why I am seeing RSI bullish for sometime. ✅
3) The 45 Ma is going to give support after some candles.
4) Triangle that is of orange colour is already formed and ready to break.
Now first to conditions are already fulfilled we have to wait little bit to see if another 2 conditions have met than we can do long.
Strategy:
You can take your entry after the breakout of triangle. I'll wait sometime to secure my long position because it can be a takeout also so I suggest you to take entry on my given entry of price. Now there will be 2 TPs, 1 TP is before that red line resistance zone and 2nd at top of the parallel channel. The SL will be set below the triangle.
Clear Points:
Entry : 166 (100%)
TP 1 : 170 (50%)
TP 2 : 176 (50%)
SL : 161 (100%)
NOTE: Don't take trade if the breakout happens in downward direction.
EGLD is Bullish??You must heard about EGLD coin. This coin has potential for the long term but as you know the whole market is volatile that's why egld is down but you can make quick profit for sometime by doing long on egld.
Why do long only?
There are certain reasons for that:
1) Egld coin is respecting that blue colour trendline from more than a month and now that trendline is already broken. ✅
2) RSI showing oversold that's why I am seeing RSI bullish for sometime. ✅
3) The 45 Ma is going to give support after some candles.
4) Triangle that is of orange colour is already formed and ready to break.
Now first to conditions are already fulfilled we have to wait little bit to see if another 2 conditions have met than we can do long.
Strategy:
You can take your entry after the breakout of triangle. I'll wait sometime to secure my long position because it can be a takeout also so I suggest you to take entry on my given entry of price. Now there will be 2 TPs, 1 TP is before that red line resistance zone and 2nd at top of the parallel channel. The SL will be set below the triangle.
Clear Points:
Entry : 166 (100%)
TP 1 : 170 (50%)
TP 2 : 176 (50%)
SL : 161 (100%)
NOTE: Don't take trade if the breakout happens in downward direction.
Elrond longElrond bounced off the ascending trendline and the support area. Asset broke through the descending trendline. Bullish movement to resistance level at 203 is expected to happen.
EGLDUSDT Wants to have a breakout from the Weekly resistanceThe price got a rejection from the weekly resistance on 164$ and not the price is creating another bull flag above the previous descending channel
the price retested the previous dynamic resistance as new support exactly at 0.618 Fibonacci level.
How to approach?
The price needs to have a breakout from the weekly resistance and descending channel. Beware to the left, you can find the supply zone. So if the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Will EGLD do this?if the bitcoin price will be stabil or increase the bitcoin price than we can be see egld moving.
