EGLD same scenario as BTC great entry is from wave E at the triangle that will make a B , The C leg the potencial to reach 321$
EGLDUSDT.PS trade ideas
EGLD is about to do something explosive🤯🚀Hello traders 🐺 .
In this idea I want to talk about one of the very good project (EGLD) and in my opinion this coin have great potential for the very great pump , so stick with me until the end of the idea , also don't forgot to follow me for more support ; thank you my friends .
As usual let's start with the higher time frame :
In the chart above you can see that , currently EGLD is trading above the weekly support and this is a good news for the EGLD holders , because in this area we have a very strong demand , from one side we have a monthly trend line and in the other side price is above the weekly support , so I think there is good chance for the EGLD to form a W pattern and start to revers from the current level .
The next important resistance is around 200$ and make sure to take some profit around the weekly resistance structure .
About the possible price targets for the EGLD I will inform you , if price success to reverse from the current level , so make sure to follow me and read my future updates about the EGLD .
Thank you guys for reading my idea , also don't forget to like my ideas and follow me for more support🙏.
Fly me to the moon..... Soon!Almost 80% down from ATH, which is nothing compared of the probabilities of profits in the next bull run.
Egld BulishHello, I noticed this cycle at 112 days, and I used the wave indicators, they seem to have good results on Fibonacci so I'm waiting for your comments on this post.
I bought massively at 139 usdt, it is not a financial advice but I like to know that not only I see this.
let's go on the moon !!!!!!!
EGLD long positionHello trading view community, should you like this analysis, please support with like and comments. Thanks
it seems that EGLD is something in this between, as one may observe it has switch its channel to upper level which could be a good sign as EGLD reacted to $130 support level and surge up, if EGLD could pass its dynamic trend line on $165 EGLD may go toward upper and important resistance zones on $171, $205 & $276 respectively, otherwise it may crash down again to $111 & $66 support levels respectively.
The best senario for EGLD is that, it may continue its movement upward regarding the momentum which it has already gained, hence in case it break its dynamic trend line at $165, it might be a long signal and $171, $205 & $276 are the zones one may make it risk free to go.
This is a personal idea, and I am not a financial adviser.
#EGLDThe falling might be over here.
As RSI is printing RSI is showing bullish divergence.
Send it $350
EGLD projection on a weekly time frameThis projection is based on the past trajectory of EGLD moves.. of course if the world as we know it don't collapse.
The descending channels are very similar and so far the ascending channel too. We already had as SoW the rejection of the middle of the channel, bottoming and recover. Of course the end of the run (dates and values) are based on the slope angle and time from the posterior up run.. The wide of the channel can vary accordingly to the volume trade.
I wold be very happy if something like that plays out.
⚡️⚡️ #EGLD/USDT - Potential 107% ⚡️⚡️⚡️⚡️ #EGLD/USDT - Potential 107% ⚡️⚡️
Note: Strong News Dropped / Coming to end of consolidation / BTC could pump soon
Entry: 144.56 - 128.27
Target 1: 159
Target 2: 196
Target 3: 220
Target 4: 266
Stop-Loss: 118
"Elrond Network Acquires Payments Firm Twispay, Wins E-Money License
Elrond said the approval to issue regulated e-money across Europe was granted by the National Bank of Romania."
#EGLDUSDT looks prime for 350% Rally!Welcome to this quick EGLD/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#EGLD/USDT looks triangle pattern create and 350% Rally confirms and long term hold!
Entry:-$113.05
$139.01
Target:-350%
Stoploss:-$96.34
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of EGLD in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
EGLD expecting 215-235Higher timeframes (W, 3D, D) momentum indicators are showing a potential reversal. In confluence with LTF (4H) breakout, we could be seeing this play out to the 215-235 area. This would set a HL-HH structure, meaning that further upside is due. All depends on king BTC turning bullish. For my take on BTC, check the linked ideas below.
SHORT? or LONG? (double high)if this will go bellow 147 i will go short, but if it doesnt cam thru the 147-150 area and bouce more up i will go fort long
trade safe, do your own research good luck yall
🔥 EGLD Desperate For SupportWith EGLD finding support late January, a bullish channel has been formed on the chart. This pattern goes back all the way back to 2021, so we should definitely pay some attention to it.
Over the last couple of days, we've seen another bounce from the lower trend line. If we can get some bullish news in the coming days, I'm expecting a move towards the $200 area. However, if we get more bearish news, there's a decent chance that we're going to end up below the support. In that case, $100 might be a realistic target.
Happy trading!
EGLDUSDT is testing the daily resitancethe price is creating a descending channel on the monthly support on the daily timeframe. The market is testing an important resistance right now on the 162$.
On the 4h timeframe, we can see a breakout from the 4h dynamic resistance.
How to approach?
We are waiting for a breakout from the 160$ and retest the current resistance as new support. Only if the price is going to satisfy our rules we can open a new long position
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
MIDTERM SETUP ON EGLD...!
This might be amazing setup on EGLD after breaking that trend. Make sure to add stop limit.( mandatory )
Elrond (Low risk Long)EGLD Has been trading inside an Ascending channel for the past year. Currently we are in the bottom in the channel and above a strong support. Also, we see A Double bottom price Action. This zone looks good for An low-Leveraged Low risk Long position.
$EGLD $BTC
EGLD/USDT, LongIt is good to long at Support 134-133.5, but it's a bit risky for a swing trade, if you wanna take a leveraged trade then this 134-133.5 support is for you, you may use 10-15x leverage and take your easy profit of 26-30% with SL of 6-11%, if you wanna take a swing trade so wait for wedge braking and wait for a hard close..
Elrond and the rest of the market going to the moon!Most likely this year we will see the largest transfer of wealth in crypto. Just be patient!
EGLD/USDT ANALYSIS:👉 On first glance, you can see that we are still in a clear downtrend. (Lower Highs + Lower Lows). For me to become bullish on this, I want this structure to be broken, ideally with a Higher Low, followed by a Higher High.
👉 We have been following 2 main diagonal trendlines: 1️⃣ the upper trendline has acted as a resistance for 3 times now. Breaking this and we are off higher. 2️⃣ The lower trendline has acted as resistance as well, but we managed to break above this, so if we can hold it on the retest, we go higher.
👉 Fibonacci tool on this recent upmove gives us a good level for our entry at the 0.618 level. This level (or the diagonal trendline retest) would create a Higher Low, meaning we break the excisting downtrend.
👉 My first and obvious Targets would be the open liquidities, formed during this downtrend.
Hope you found it usefull!
Let me know in the comments if you want me to look at your coin suggestions!
Oli 🤝
