EGLDUST trade ideas
EGLDUSDT | RESISTANCE ZONEEGLDUSDT has broken the falling resistance but price has hit the horizontal resistance and took a beat. We are expecting a price fall from here. The retest of resistance zone will be a good zone to take a short position.
The bears are in control below the resistance zone. While bulls needs to break above the resistance zone.
Trade your levels accordingly.
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for EGLDUSDT
Here we have R2 and R1 as our resistance areas and the unsuccessful attempts of the price to rise is obvious. And S1 is the support area which represents the support of the price at several points. At the moment, the price is fluctuating above S1 and we expect a little rise to R1 and then by considering our short position, a decline will be waiting for it to S1. Also it is probable for the price to rise more if it fixes over R1 and above $60 amount. Please remember to activate your stop-loss in order to have less risky trades.
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
EGLD | ew | price targetsthe same for elrond also ! last pump before dump , a clean WXY patern wich is corrective ! after is finished egld will dump and take the previous low along with btc ! targets is 66 for a flat , and we will have 1 to 1 will be 80 $ , after that i expect the last dump along with btc , full road and full analyse on long term for btc is on my social channels
EGLDUSDT is testing the 0.618 Fibonacci levelThe price is creating a double top on the weekly resistance at 64$ and the market got a rejection from it. Athe the moment the price is trying to hold the 0.618 Fibonacci level as support.
How to approach it?
IF the price is going to lose the local support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
📈Elrond (EGLD) Jul-23 #EGLD $EGLDEGLD is gradually forming the Ascending Triangle pattern so that it can reverse the trend to the uptrend. It is now starting to reach the Ichimoku cloud and this is a signal that we may be starting to consider buying EGLD.
Currently, the price zone of the upper edge of the Ascending Triangle pattern is at $65 and its strong resistance is at the $70 zone. If EGLD can break through all these resistances, it will approach the $90 zone or even higher as it officially enters a long-term uptrend.
egld | potential movement | elliottwaveIm looking at this movement for egld as an wave 4 with the targets you see in the chart , as you see on oscilators we are having bearish divergence , i'm looking at it as a last abc for y , a bounce for 55$ will bring egld to 73$ abc 1 to 1 that stops at fist wave 4 target