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EGLD / TetherUS PERPETUAL CONTRACT

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EGLDUSDT.P trade ideas

EGLDUSDT ready to explode? 💣The price created a triple bottom on the daily support on 159% as you can see on the upper chart. On the 4h timeframe the price bounced exactly on the 0.886 Fibonacci level and dynamic support. The price got liquidity and had a breakout from the descending Channel. Now the price is testing the weekly resistance as new support How to approach? The price needs to have a breakout form the 170$ with Volumes and Momentum, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
8
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetwork Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (157.72). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDUSDT 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 59 Take Profits: TP1= @ 171.38 TP2= @ 182.99 TP3= @ 196.86 TP4= @ 214.65 TP5= @ 231.65 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 ❤️
Long
by ForecastCity_World
1
💡Don't miss the great buy opportunity in EGLDUSDT Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (157.72). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDUSDT 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 59 Take Profits: TP1= @ 171.38 TP2= @ 182.99 TP3= @ 196.86 TP4= @ 214.65 TP5= @ 231.65 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 ❤️
Long
by ForecastCity
🔥 EGLD Bounce From Long-Term supportAround two weeks ago I made an analysis on EGLD and the long-term channel it was trading in. Here I argued that we'd most likely see more bearish pressure in the short-term and that we'd find support at the long-term bullish support line on the bottom of the pattern. Seeing today's big green candle, I think we correctly called the reversal area. For now, I think we're likely going to trade bullish until we reach the previous double top area around $200. Unclear what will happen after that. If BTC will continue to trade bullish we might finally take a shot at $300 or more. Happy trading!
Long
by FieryTrading
3
EGLD DOUBLE BOTTOM???Elrond is hinestly one of the best projects I know. I remember when it was $20 . Team behind this project is insane,they have really active community, so much things to offer on their blockchain and they are constantly posting something new and launching new stuff that hasnt been seen before. Back to charts, Elrond didnt had choch(change of character ) and didnt break previous high. But if you take in consideration that it was liqudation wick it is understandable. Homever I think that pullback will continue to $130 area ,possibly create double bottom and maybe make new ATH. BTC ta and USDT.D ta that you can find links below this chart also confirms this. Elrond is probably even best project you can invest for long term,hands down to hard working team. THIS IS NOT FINANCIAL ADVICE. DYOR
Short
by UnknownUnicorn26826311
EGLD is gonna Touch 260-300$ soonEGLD is in an Ascending Triangle. This means the Price can Increase as much as the Measured Price Movement (AB=CD). No break out Has accrued yet So we shall wait Before Confirmation. there is also a Hidden Bullish Divergence on MACD as well (+HD) Which means the Price is gonna Increase pretty Soon! If the break out Happens we can See EGLD reach 260-300$ afterward. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
8
EGLD/USDTEgld Short Signal received on binance 45m chart pattern But! There is a website called Coinmarketcal.com, in Coin market calendar there is lot's of events about crypto coins , and EGLD have multiple events starting from 15 April according to the Coinmarketcal.com with proof, hare are events names : 1: Official Metabonding claims of new tokens will begin on April 15 2022 2: Staking Phase 4 on 30 june 2022 3: Onchain Governance 20 sep 2022 So the prices will be effected , on both scenario targets , resistance and support lines available Note: While trading Keep eye on Bitcoin. if you like my idea drop a Like
by BabarLaghari
Eagold and the right positionEagold and the right position - komo's cloud is the future of green - The price is in a good area compared to komo's cloud (thin and green cloud) - After touching the lower edge of the Bollinger Band 7 times in the recent candle, the touch has not been done - Two candlesticks before the hammer type at the end of a downward trend - The price is on an uptrend channel 6 to 10% profit potential is available in Market Spot Do not forget capital management Do not forget to manage risk to Reward
Long
by mansour1978
1
🔥 EGLD Double Top: Bounce IdeaA while ago I made an analysis on EGLD and the bullish channel it has been trading in. In my previous analysis I talked about the importance of the $200 resistance, I expected some profit taking to occur there. Around two weeks later we can clearly see that the $200 resistance was watched my a multitude of traders and that short-term profits have been taken. For now, we're right in between an important resistance and support. In case we drop further towards the channel's support I'd be looking for potential entries. Keep an eye out on the overall market conditions. Happy trading!
by FieryTrading
6