Elrond longElrond broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to support level at 234 is possible.
EGLDUSDT.P trade ideas
Oh dear GOD in Heaven, please let this happen.Not much to say here, looks like a flag to me... yeah so I need more stuff here so i typed that... I'll take either target.
🔥 EGLD Found Support: Huge Rebound PotentialA while ago I made an analysis on EGLD and the support area it was trading in. This support area has previously held quite strong, so I argued that there was a decent chance for EGLD to reverse from here.
As of today, we finally made it out of the support area. Assuming that the market will keep current momentum, I think we can reach the $300 target within the next couple of weeks.
Happy trading!
Egld We could find som resiatnce at 173 Howver seems more clear to run to 180 and eventually reaching 191 as my first area of concern as it’s the daily 50 ema.
Based off past history Howver 180 was really the only key “slow down “ zone but tbh once we clear that we never build much structure until up at 230$
I’m still long from my dads 116. 135$ 148
Let’s gooo. Could add more here support is 163 and 158
EGLDUSDTWe went lower along the channel, however, the fibo level and now an attempt to break the channel are noteworthy. Test ema200=test channel or break and fix 163.5 for longs.
Elrond path to $1000 by this summer EGLDBullish on EGLD!
We can hope for $1000 by this summer if world markets continue being bullish for the next few months.
We already reached $500, we just have to double our last ATH.
#EGLDUSDT (Watchlist) 10/21 Spotted by @Bitman#EGLD maybe worth it to add this coin to your Watchlist. 👀
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Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
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EGLD | Channel Breakout Confirmed..!!
#EGLD (update)
In Daily timeframe Chart, Descending Channel Upside Breakout Confirmed..!!
Send it..!!
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These are my favorite set ups!Clear 3 touches on diagonal that coincides right at horizontal resistance.
I love these set ups because you get a break of 2 resistances at once and clear exit point.
Can this fail? Of course, but it makes for a clean/clear entry and exit. #trading #crypto $egld #Elrond
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
EGLDUSDT - Long - Potential 48.34%EGLDUSDT - Long - Potential 48.34%
Exchanges: Binance, KuCoin, Huobi.pro
Signal Type: Regular (Long)
Entry Targets:
1) 147.8057
Take-Profit Targets:
1) 154.76
2) 179.62
3) 219.50
Stop Targets:
1) 128.06
Entry Trigger - Stock oversold, alt pump, vol spiking
EGLDUSDT printed a valid LONG on yesterday's daily entryEGLDUSDT printed a valid LONG on yesterday's daily entry. I took this LONG yesterday, TPed at 1 ATR, Rest of trade still pending on 2 more TPs, but good trade overall.
EGLDUSDTPERP Short ScalpEGLDUSDTPERP Short Scalp. 8x leverage. Limit pullback entry at green line. Targets on the chart. SL is purple on the chart.
EGLD long opp if this happensH4 about to close in 30 and it would offer a nice move up with a breakout of this range. Both ST flipped bullish.
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Will EGLD Crypto Price Consolidation Break To A New High?EGLD weekly technical chart suggests a consolidated trend and can soon see a new high in the future. On coming to the daily chart, the asset has been trading in a bearish move. The upside trend of the Elrond may see a setback near $200 in the future. On the downtrend the asset can see a bounceback near $100. The asset is currently trading below the 50 and 100 Daily Moving Average. The 100MA of the line is currently near $201 and can act as a temporary resistance zone for the price. If the asset jumps 15 to 20% above the current level then a new high can be seen in the future.
Egld Keeping my eyes on these levels around 148.65-150
This previous considlation below has broke. Out and currently we are working on flipping it to new support. As long as we don’t close back inside this considlation this could be a beautiful bullish backtest !!
EGLD hits the yearly downtrend will flyAfter crypto's big sell at the 2 last weeks, what was expected especially after russia stopped officially crypto transactions and the bearish market that was initiated for corrections (on 54000 zones of bitcoin and 40000 of Etherium) we are waiting for a big mouvement at 33000 zones (obvious h&s config what is repeated all the times in crypto & intended to push higher)
EGLD will fly higher as it retested the lower of all time downtrend.
Are they likely to fall in the $ 65-110 range?As long as BTC is not out of the downtrend and will continue to fall, then the EGLD has a very good chance of breaking the $115 level and entering the $65-110 range.
This isn't investment advice!
eGLD Retains Ascending Channel Support eGLD had a parabolic move on the launch of their latest service of the Elrond Blockchain - the Maiar DEX. After the inevitable retrace, it has found support at the equilibrium of the long term ascending channel. Looking for a continuation of the long term bullish outlook as long as the overall macro picture for the crypto markets is held.
EgLD Egld. Been charting this for the last week. I am going to keep posting about it if you guys don’t mind as I want to show the process of how to actually prove a true confirmed breakout. Yes we can play small swings on a 15 min and sometimes get a great breakout and entry howverr big money big confirmations come in with true confirmations.
This is a 4 hour and daily chart. We can see that the daily candles have not yet closed above 147. We still only have wicks above but the daily body hasnt close above.
The 4 hour candles also show us price action broke out of symetrical triangle but price is still moving slowly with uncertainty with BTC. 4 hour candle closed above stmetrucal trinagle but no 4 hour candles have yet closed above 147 and we nownseem to be getting another rejection from this level.
This is proven from 4 hour rsi rolling over here slightly as well as the rejection candle as we see the last candle we have currently has a flat top with wick below. This shows price action couldn’t exceed the 147 and stopped directly below it. If we can get a body to close above and the following candle open above and close above. This will confirm that we have now held above it and can enter a long postion. As of now peice may resort back to symetrical triangle previous resiatnce line or uptrending support previously.
This line when strexhed out, intersects around 140.19 roughly.
We also can see wicks to 150 so could make a case this is turning into an ascending triangle. A Flat top with uptrending suppor. ( see photo 3 )
Ascending trinagle can be a bullish sign as flat top patterns are bullish showing buyers are in control, while flat bottoms are bearish
Sometimes when price stalls in a range, you as and analyst are required to go with the flow and fine the next possible outcome.
Conclusion
Uptrend support at 140$ resiatnce 150.81. Or 4 hour close above 147 as earlier entry
Target 168$ when closing above 151
Stoploss below 138 if playing ascending trinagke support.
Downside target if breakdown, 126$
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BE sure ALGO ,EGLD, will be next google and apple
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