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
EGLDUSDT trade ideas
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.
EGLD - (for long-term)Good for long-term , I have it , in 1D time you can see that it is in ascending channel , but in short-term it had price correction , i'm not worry about it , the yellow box is good support area .
🐺 EGLD created a bull flag 🐺Hello traders 🐺 .
this I a very short idea about EGLD because in the higher time frame such as weekly or daily honestly I can't find an interesting chart pattern so I decided to look for patterns in the smaller time frame ; so let's dive into the chart :
in the chart above you can see EGLD created very nice and perfect flag pattern which is very tradable because usually flag pattern is very easily to find and if you have enough knowledge about trading rules and trading strategy it could be very interesting ; however let's talk about the chart :
in the chart price already testing 0.618 Fibonacci level and it seems price trying to found bottom around this level because it's very look like a double bottom pattern but if price unable to hold above 0.618 the next support level is at 0.786 Fibonacci level , so don't rush into the market and wait for the confirmation signs and make sure that you find the real price bottom .
but let's talk about the price targets :
it's to early to talk about the price targets because already I nor sure enough that this is a price bottom but we can assume that this is price bottom and calculate the price target based on that :
usually the technical target of the flag is at 1.0 Fibonacci projection level but as you can see the 0.618 is around all time high price so could be a resistance price area .
🐺 I hope you enjoyed this analysis.
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Egld usdt Entry price 1 : 400
Entry price 2 : 360
Target price : 450 - 500 - 600
Egld fln az fibo 0.618 hemayat shode ba tavajoh be gereh mojod dar char hemayt ghavi mitone bashe va az haminja harkat kone.
Khat ravand ghavi RSI dar sorat hemayat az khat ravand mitonim ba etminan bgim ke be samt target ha harkat mikond.
EGLD long$EGLD is bouncing off the bullish trendline which is also in perfect alignment with the support level. Movement will likely continue up to 530$
ANOTHER FOR EGLD Man I mean I look at the chart there's no way to be more bullish :)
NO FA just my opinion but many people may start talk about this one!
EGLDUSDT , We need more correctionGood night everyone
According to our last analysis , exactly the movement and our predict happen and now after we made new breakwave ,we need to recovery the power to go up more and more .
Maybe because of the momentum the price want to go up and check the resistance zone and top of the breakwave again and then fall down
EGLD is one of the most powerful project in crypto and the fundamental of them is heavy powerful :D
We shown on chart two buy zone area that check in multi-time frame to find best zone for buying and HODL it until the target that we will publish in future can reach
Previous analysis :
Good Luck
Abtin
EGLD/USDT - 4H - Potential channel breakout and bull flagEGLD might be looking ready to move on the 4H. Fib Trend Time indicator also showing this.
White channel (flag) measured move taps the 0.5fib extension area.
Should price break down, red arrow measured move points to potential DCA or SL range. Lowers still; red arrow taps the monthly blue CPR range.
Yellow arrow (pole) measured move taps the 100% fib extension area. Will reduce position at the 618 and 786 fib ranges also.
Bit scared of BTC right no6w, so who knows what ELGD and others will do, but let's see...
EGLD - I see the bottomI see 400 as a botton for egld,
it really depends on the volume!! if it goes up as last weeks it's gonna explode again
said before! 1000 easily reachable
UNDERVALUED AF, and this is NOT A FA
EGLD / USDTtime to consider EGLD unless it falls through support, then it will be the second entry area. currently around the .618 fib level after a large run up and news
