EGLD Price Action Technical Analysis Found Support This is my thought process on this coin finding support and resistance.
This is for entertainment purposes only
not financial advice - always do your own research ( DYOR )
EGLDUSDT trade ideas
EGLD - Time to decide!The Bullish scenario now seems more likely
But we must also pay attention to the bitcoin chart (chart below), which will activate the orange scenario if its support fails
Note that this is just the beginning of the core activity of the Elrond ecosystem, and fortunately they are not progressing like Cardano !
If I progress according to the yellow scenario, I will update the analysis
Good Time :)
EGLD/USDT 170% Potential from here .$EGLD/USDT TA update:-
$EGLD currently trading at $269
And recently strong bounced back from $240 support level.
I am adding some $EGLD in my Portfolio.
Entry:- $240-$270
Target:- $600
Stop Loss:- $220
I am expecting 170% potential Target from here as per chart.
$EGLD/USDT 2D (Binance Futures) Ascending trendline on support Elrond eGold bounced on 100EMA and seems ready to resume the uptrend, let's place bids inside the demand zone.
Current Price= 242.18
Buy Entry= 241.42 - 212.34
Take Profit= 335.36 | 485.60 | 707.59
Stop Loss= 172.51
Risk/Reward= 1:2 | 1:4.76 | 1:8.84
Expected Profit= +47.81% | +114.03% | +211.88%
Possible Loss= -23.96%
Fib. Retracement= 0.5 | 0.883 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
Websites: elrond.com maiar.exchange
EGLD NEW MUSK COIN?!This coin is really outperformimg everything and it has a big potential move to the upside RN.
Take your profits where green level area is shown but start taking partially profits at 348$
Clear direction towards up, don't greed to much w/ your profits and lock them in.
NO SL.
Use risk management and dont over leverage your position.
EGLDRecently EGLD broke its downtrend line and used 0.786 fibo support, just as it had done before.
An uptrend is being created if TOTAL3 continues to maintain this rhythm.
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (286.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 330. 01
TP2= @ 369. 40
TP3= @ 422.45
TP4= @ 468.33
TP5= @ 542.50
SL= Break below S2
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💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (286.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 330.01
TP2= @ 369.40
TP3= @ 422.45
TP4= @ 468.33
TP5= @ 542.50
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 ❤️
EGLD 3H BUYEGLD 3H support is at ~$272
Enter 50% here
and try to set some buy orders near the support zone
If EGLD holds above the trendline,
the Take-Profit target would be $299, $326, and $353
Cheers
EGLD, V anti-form.The following content is machine translation:
Rebound at strong support.
Break through the downtrend line.
The indicator macd gradually moves closer to the zero axis.
The current resistance is 320.
Can pay attention to fall back and receive more.
Target 400+
EGLD Prime for a Quick Short ScalpShort: $305 - $310
Stop Loss: 15min close above trendline or horizontal resistance
🔥 EGLD Massive Ascending TriangleSince EGLD's inception on Binance, this token has been trading inside an ascending wedge formation. During the fall late last week the price saw a sharp bounce from the lower trend line / support area, indicating that investors were eager to step in around that area.
With Bitcoin seeing some slight downward movement at the moment, there's a decent chance that EGLD will go for a re-test of said trend line. Furthermore, if stocks (and therefore BTC) will keep dumping, this ascending wedge might break bearish.
Be aware that ascending wedges are classically bearish chart patterns, so there's a higher probability for this pattern to break bear than to break bull.
In case of a bullish reversal, look at the top trend line for a potential exit. In case of a bearish break out, look at the $170 area for a potential target.
Happy trading!
egld/usdt long ideaegld/usdt long idea
wait for correction
best entry at 255 till 260 after rejecting the 61 fib level
good for hold but i suggest to use stoploss at 219
Elrond (EGLD) Buy Zone - Signal !!!!!lrond ( EGLD ) Buy Zone
--------------------
BIAS
Mid-Term : Bullish
Long-Term : Bullish
RISK : LOW
Elrond is in uptrend and now trying to breakout the last resistance on Ichimoku and Volume Price.
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$ EGLD/USDT SPOT SETUP
Entry Price : 240 - 255
TP 550
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EGLD PERSONAL ANALYSIS IN THE LONG TERMChart shows common supports and resistances based on the Fibonacci and price action. The total evaluation for the EGLD token is bullish. The coin itself has a very healthy market sentiment within the 0.236 FIB and established a lower high even at oversold levels in the Relative Strength Index, however a new resistance is formed with an obvious FOMO pump, and will take some considerable amount of retracement to even get back to the normal curve of bullish ascending wedge. A decent retracement back to the strong support of 0.236 is more likely to be a good long, but considering a soft buy at 0.382 is not a bad choice either.
The recommended strategy for the coin is to long it during bull markets and buy it in general bear trends. You should start selling off the price at the previous resistance above the 0.618 instead of gambling for a further upside which is considered to be random or an outlier.
EGLDUSDT LongAfter growing trend test EGLD is ready to grow. Open price is current market $268. Nearest support line is $211.5. Target is $370 - upside ~38%. Stop limit $224.6.
Falling channel on egld/usdt don’t missegld usdt has a falling channel. this is a move of approx 100% . you could make big gains with 10x leverage , 1000% profit to be made. market is bearish so this one here is risky but worth a go with a smaller position. target is 525$
Big falling channel on Egld/USDT egld usdt has a falling channel. this is a move of approx 100% . you could make big gains with 10x leverage , 1000% profit to be made. market is bearish so this one here is risky but worth a go with a smaller position. target is 525$
