EGLDUSDT.P trade ideas
EGLD 1DThe upward parallel channel was not broken by yesterday's price drop. I expect further upward movement within the channel
Elrond going to 1000$ minimum. 3-4x The EGLD chart is beautiful! ❤️
And look at that weekly RSI! It's going to break out real soon.
Elrond going to minimum 1000$. Hopefully 1200$ by end of 2021, early 2022.
ELROND MARKET STRUCTURE İS BROKENEgld price is down after launcpad snapshots taken.Market structure is broken in 4 hour.I will wait a bearish retest while btc is not strong this idea is pretty good. EGLD still strong in High Time Frame.Next project on maiar launcpad might increase the price higher.Short terms i am bearish
EGLD long term resistance/support flipEGLD has retraced to the long term resistance line (2px golden line on the chart) that the price has broken out of as of last month. If it holds, this would indicate a very important support/resistance flip.
On lower timeframes (2H, 4H, 8H) the price action seems to have bottomed, while at higher timeframs (3D) there is still not a reversal sign on momentum indicators (MACD and WT-Cross). Together with the last published idea at the .618 fib, this would be a great price to buy back Elrond. Long term, the only way is up with this developer team!
NFA
EGLD 100%After an accumulation period EGLD has broken to the upside, reaching its target. Not it comes back to retest the newly formed support levels and possibly reverse from the area of 0.782 fib retracement, which is in confluence with the 50 day MA.
On the daily, if we see a green candle , then a bullish divergence will be formed to confirm the reversal. The oscillators are to the downside, even on the daily chart. This is ready to take off.
Elrond is ready to make a big move very soon!As you can see we are moving between strong support and the resistance line for a while now and we are reaching an apex and we expect a big volatile move either to the upside or to the downside sooner than later...
eGLD channels for 2022eGLD channels for 2022
eGLD/USDT - canale și rezistente majore pentru ATH din Noiembrie 2021.
EGLD Looking for momentum to curve of on the 4H to create a Divergence
First target is last swing fib pull. Appx 403
Local confluence and POC is in 400 range
EGLDUSDT Price Update EGLD has broken the falling wedge pattern in the 4H timeframe. Right now it's retesting previous resistance to find support. if this falling wedge pattern plays out, the target would be the top of the wedge which is approximately at 530. I think it's likely going up because the falling wedge is a bullish pattern and also in the 1H timeframe it's forming Bullish Divergence. if you want to trade you can wait to cross the previous high for extra confirmation and then you can enter a long position. we have good support levels around 342 and 335.
EGLD TA - Possible bullish scenario 4h I reentered a position here. There are many reasons for it:
1. bounce from the 0.618 fib level 2nd time
2. forming a double bottom
3. bounce from the "buy" zone
4. Forming a possible W pattern.
This is still a risky one. Let's see if this will play out.
Position informations:
* Entry Price $393.14
* SL $375
* TP1: $479
* TP2: $539
Disclaimer: DYOR. No financial advice. Just for your impression.
EGLD Great Place to buyAs we can see in the chart after breakout from falling wedge we had a pull back which landed exactly on EMA 200 on 4HR timeframe and acted as a strong support. we can see obvious divergence in RSI as well. all the reasons making it a high quality trade.
NFA
EGLDUSDT - ATTRACTED FOR BULLS?EGLDUSDT recent drop reached a confluence of supports at 380.00, where Fib level 61.8%, a support zone, and trendline support lies. So we expect that the Bulls are ready and trying to enter. They can push the price towards 400-450 Level again. Good Luck!
EGLDAfter correction the active draw a bullish wedge pattern. During the correction the volume constantly was decresing, it means that there are no sellers and we also can see a long tails that possibly means good price for buyrs and a possible revers.
Thank you all for reading my work, i hope you enjoy it. Have a profit=)
EGLDThis is the 24m chart. It would be good if this turns out to be a divergence because all of all the confluence. I believe the moment of truth is soon whether we hold this level or not. Or do a nice recovery.
EGLDHi Traders!
EGLD is very strong fundamental coin 💪🏻
You can see my vision on the chart
I mention the green zone: 61,8 - 78,6 FIBO from last impulsive move
Expect price to change the direction on bullish 📈
NFA
Trade safe and with strict MM🤓
According to the reaction in 618 FibonacciAccording to the reaction in 618 Fibonacci
And Pivot Major Pitchfork
And cross the price to the conversion line
I think we will have an unprecedented upward movement
EGLD TA - bullish scenario 4h UPDATEPlease go to my related Ideas link from the former TA for further informations.
Disclaimer: DYOR. No financial advice. Just for your impression.
EGLD TA - Possible bullish scenario 4hIf we break this falling wedge, we could see another leg up to higher pricetargets. I openend a Trade with a tight stopp loss . It's a risky one.
- Good opportunity with a high risk reward ratio.
- I expect holding this position for 2-7 days (depends on the volatility), if I am not getting stopped out 😄.
You can see my pricetargets at the chart if this scenario plays out. We will see what happens :)
Disclaimer: DYOR. No financial advice. Just for your impression.
EGLD Updated levelsUnfortunately the other chart I was using scam wicked, so this is a replacement.
If we break down any lower, there is not much support on the way down to stop it.
However, if this area holds, and you keep things tight, it might be an ideal long position.
Be careful.
