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EGLD / UST

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EGLDUST trade ideas

EGLD/USDT ANALYSIS:👉 On first glance, you can see that we are still in a clear downtrend. (Lower Highs + Lower Lows). For me to become bullish on this, I want this structure to be broken, ideally with a Higher Low, followed by a Higher High. 👉 We have been following 2 main diagonal trendlines: 1️⃣ the upper trendline has acted as a resistance for 3 times now. Breaking this and we are off higher. 2️⃣ The lower trendline has acted as resistance as well, but we managed to break above this, so if we can hold it on the retest, we go higher. 👉 Fibonacci tool on this recent upmove gives us a good level for our entry at the 0.618 level. This level (or the diagonal trendline retest) would create a Higher Low, meaning we break the excisting downtrend. 👉 My first and obvious Targets would be the open liquidities, formed during this downtrend. Hope you found it usefull! Let me know in the comments if you want me to look at your coin suggestions! Oli 🤝
by theGOATofCrypto
🆓Elrond (EGLD) Feb-25 #EGLD $EGLD The buying force at 130$ is quite strong after EGLD retested this support zone. In the next few days it could rally back to the $160 or $200 zone. Pay attention to the $160 zone because selling here is still very strong 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 130$ zone 🔴Buy : 140 - 130 🔴Sell : 160 - 200 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 130$ zone 🔵Sell : 130 🔵Buy : 100 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
EGLDUSDT the price is testing the upper trendline The price is testing the ascending channel as resistance after the breakout from the daily one. The market is creating a pennant as well below the weekly resistance and 4h resistance. How to approach? We will wait for a breakout with Volume from the pennant and 4h resistance. Beware about the weekly resistance, because that resistance is very strong. IF the price is going to satisfy all our rules, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
8
🆓Elrond (EGLD) Feb-15 #EGLD $EGLD The $180 and $160 zone are two very good support zones, but when EGLD corrects here, we can start accumulating for the target of $300 in March. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 160$ zone 🔴Buy : 180 - 160 🔴Sell : 220 - 260 - 300 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 160$ zone 🔵Sell : 160 🔵Buy : 120 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
1