EGLDUST trade ideas
egldnever seizes to amaze me.. like istated in last egld post this is the cleanest setup here. such an easy trade. took half off the table at 191 sell limit that triggered. sure it got more in it. next target 220...but damn it just got a boner LOLLLL hope you guys been following me ive been charting this since 116
Elrond Long Set Up$egld #elrond Just unlocked next level on H4. 215 is the play now. Exit on H4 close below 180.
Strong Close above 200EMA with RSI and OBV looking bullish. This should continue as long as Bitcoin stays steady.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Donโt force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Donโt enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
๐ฅ EGLD Found Support: Huge Rebound PotentialA while ago I made an analysis on EGLD and the support area it was trading in. This support area has previously held quite strong, so I argued that there was a decent chance for EGLD to reverse from here.
As of today, we finally made it out of the support area. Assuming that the market will keep current momentum, I think we can reach the $300 target within the next couple of weeks.
Happy trading!
Egld We could find som resiatnce at 173 Howver seems more clear to run to 180 and eventually reaching 191 as my first area of concern as itโs the daily 50 ema.
Based off past history Howver 180 was really the only key โslow down โ zone but tbh once we clear that we never build much structure until up at 230$
Iโm still long from my dads 116. 135$ 148
Letโs gooo. Could add more here support is 163 and 158
#EGLDUSDT (Watchlist) 10/21 Spotted by @Bitman#EGLD maybe worth it to add this coin to your Watchlist. ๐
Pree "like button" and leaving your "comments" below our ideas is a great thing and supports us to providing more ideas.โค๏ธ (Share it with your folks)
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Good luck to All.
๐we ask Allah reconcile and repay๐
EGLD | Channel Breakout Confirmed..!!
#EGLD (update)
In Daily timeframe Chart, Descending Channel Upside Breakout Confirmed..!!
Send it..!!
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
These are my favorite set ups!Clear 3 touches on diagonal that coincides right at horizontal resistance.
I love these set ups because you get a break of 2 resistances at once and clear exit point.
Can this fail? Of course, but it makes for a clean/clear entry and exit. #trading #crypto $egld #Elrond
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Donโt force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Donโt enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
EGLD long opp if this happensH4 about to close in 30 and it would offer a nice move up with a breakout of this range. Both ST flipped bullish.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Donโt force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Donโt enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Will EGLD Crypto Price Consolidation Break To A New High?EGLD weekly technical chart suggests a consolidated trend and can soon see a new high in the future. On coming to the daily chart, the asset has been trading in a bearish move. The upside trend of the Elrond may see a setback near $200 in the future. On the downtrend the asset can see a bounceback near $100. The asset is currently trading below the 50 and 100 Daily Moving Average. The 100MA of the line is currently near $201 and can act as a temporary resistance zone for the price. If the asset jumps 15 to 20% above the current level then a new high can be seen in the future.
EGLD hits the yearly downtrend will flyAfter crypto's big sell at the 2 last weeks, what was expected especially after russia stopped officially crypto transactions and the bearish market that was initiated for corrections (on 54000 zones of bitcoin and 40000 of Etherium) we are waiting for a big mouvement at 33000 zones (obvious h&s config what is repeated all the times in crypto & intended to push higher)
EGLD will fly higher as it retested the lower of all time downtrend.