EGLDUSDT trade ideas
EGLDUSDT | BULLS CAN MAKE A MOVEEGLDUSDT has been trading within a falling wedge . The price is making lower lows and lower highs. The price is currently trading at lower boundary of wedge . The bulls can shows positive momentum at support.
The bulls need to hold this support level . While bears will be active below break of support.
Trade your levels accordingly.
Egld/USDT Long๐N.B. My strategy is based on huge explosive profit or very little profit so without breakeven stop loss at the right time we will lose in very little profit so follow me if you want to know breakeven stop loss
Trading proposals post based on price action,
technical analysis, major intraday supports
and resistances, rejections, breakouts, chart
patterns and other factors.
How this analysis was done:
First I find usdt pairs using crypto screener then if all Threeร3 in 1 indicators gives main entry confirmation at the same time I go with the analysis then I find Support and Resistance zones in 3x entry timeframe also using one of the three indicators for backing up my analysis and filter bad signals then I also make trendlines using two of the 3 indicators in 3x entry timeframe for filter out more bad signals then again using one of the 3in1 indicators I filter fake breakout in entry timeframe and in higher time frame and then if other minor conditions is confirmed the analysis is done.
Take profit:
Take profit is dynamic/trailing stop loss
Trading and investment in the financial
markets always involves high rish, So In order
to succeed using our signals make sure you
have learned the essential skills for money and
risk management
To SUPPORT this channel, please press the
LIKE button, COMMENT and Share with your
friends
EGLD 1DAccumulating zone that im not inrested in. Let's by a dip, or buy when interest fot this coin is confirmed with volumes or the resistance (red zone) is broken. A small divergence (aug20-sept7) on the RSI and 40.00 still bullish. Plese do not trust these divergence in accumulating zones. My fantasy scenario
EGLDUSDT Bearish Cancelling EGLDUSDT long, this is what I call beartrap, they are forming a falling wedge on the 4hours timeframe and trying to make us forget that we recently have broke below a bullish flag, many people will try to long here meanwhile they are taking us to the double TOP on the retest of the breakout. We warned you first! ;)
EGLDUSDT Analysis (Local Setup)Hello friends.
Please support my work by clicking the LIKE button๐(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target zone: 70-75
after first target reached move ur stop to breakeven
Stop: ~47 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for EGLDUSDT
According to our previous analysis on August 23, we predicted a falling trend and now you observe this fall has happened. Here we have R3 and R1 as the resistance areas which mean the price was not able to rise at some points. R2 used to be a support line. And S1 is the support area at the bottom of the chart . Thus, we have the price fluctuating over S1 and by rising to R1, we will have two scenarios for it. Either it is able to give us some rising signs and we expect an increase for it toward R2. OR it is probable that the price loses the support and experience a decline to S1. The point is to wait for some confirmation candles and then start trading.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
EGLDUSDT | BULLISH PARALLEL CHANNELEGLDUSDT has been moving in a bullish parallel channel . The price is making higher highs and higher lows. The price has been trading near the lower boundary of channel. The bullish candles formation on support will only confirm the trend continuation. The bulls need to hold the boundary of channel.
The bulls need to hold this key level. While break below will bring bears in control.
Trade your levels accordingly.
EGLD bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
EGLD is a cypto with a negative overall sentiment recently.
I have the following price targets:
EGLD/USDT short
Entry Range: $51 - 56
Price Target 1: $48
Price Target 2: $39
Price Target 3: $30
Stop Loss: $63
๐ฅ EGLD Reversal From Channel Support: High Risk-RewardEGLD has been trading inside this bullish channel for well over two months now.
As of a few days ago, EGLD has reached the channel's support. As of today, we've seen a massive green candle. It's likely that this huge candle will signal the lows and commence the reversal.
In my view, this is a high R/R trade since the stop is quite close and the target is the top of the channel.
EGLDUSDT needs to hold the ascending channelThe price had a false breakout and the market created a deviation above the 65$ area (daily resistance.
Now the price is testing the 0.618 Fibonacci level
How to approach it?
IF the price is going to lose the ascending channel and retest the support as new resistance, According to Plancton's strategy , we can set a nice order
โโโโโ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โโโโโ
Follow the Shrimp ๐ฆ
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for EGLDUSDT
In this chart, there is R1 that is a resistance line and and you can observe the disability of the price to rise. And S1 and S2 are our support areas that include the support of the price at some points. Here we have the price fluctuating over S1 and we expect a fall for it to S1 and then we must wait for some rising signs and then we consider our long position and a rise will be waiting for the price toward R1. Actually it is less probable for the price to fall below S1 at the moment.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck