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EGLD / UST

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EGLDUST trade ideas

💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetwork Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (138.55). . 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 below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 55. Take Profits: TP1= @ 156.71 TP2= @ 168.18 TP3= @ 183.35 TP4= @ 206.16 TP5= @ 222.26 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 ❤️
Long
by ForecastCity
6
Elrond (EGLD) Sell ZoneElrond (EGLD) Sell Zone -------------------- BIAS Mid-Term : Neutral Long-Term : Bullish Risk : High Short-term scalp, expecting a forming bearish pattern and breaking down the current zone. -------------------- $EGLD/USDT SHORT SETUP Leverage : x3 - x5 Entry Price : 188 - 198.5 TP 1 : 185 TP 2 : 181.75 TP 3 : 178.8 TP 4 : 174.85 TP 5 : 171.1 TP 6 : 167 TP 7 : 161.25 TP 8 : 154 Stop Loss : 208.15 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Short
by Zerene
3
Elrond (EGLD) Buy ZoneElrond (EGLD) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium We've once again retested long-term support and bounced from from our slight sub $128 zone, pushing price back up to around $134 where we're currently trading. -------------------- $EGLD/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 128 - 134.75 TP 1 : 140.5 TP 2 : 145.2 TP 3 : 150.8 TP 4 : 156 TP 5 : 162.6 TP 6 : 169 TP 7 : 178 TP 8 : 189 Stop Loss : 120 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1
EGLD entering Sell Zone$EGLD #Elrond entering the sell zone (red box) between $186-198 where the 21W EMA and the 200 day EMA are now, probably going back to touch the 50 day MA (curved red line) after getting rejected. The "buy box" (green box) is now between $140-$150. The game here is simple: - Buy in the green box - Sell in the red box - Stop loss at $132 (or 5% below your buy price) - Potential average profit: +30% - Potential loss: less than -10% if you set everything properly Bull market support band (20W SMA, 21W EMA) are now around $189 and $226 respectively, meaning until we see at least a few candles closing above $226 this is still in a downtrend. Probably getting a MACD bearish cross by the time we reach the vertical blue line and we could even see a double top around $199/$200. Enjoy.
by BlackTieCrypto