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Egldusd

Elrond to 425$ and 793$ with Fibonnaci CirclesHi everyone, Mr Fibonnaci was a Italian and one of the most talented Western Mathematician of the Middle Ages.. Today is famous among pro traders for this sequence of Fibonacci numbers than simply drawing Fibonacci retracement and fibo extension levels.. If you want to truly harness the power of Fibonacci numbers, you should also consider using tool such as Fibonacci Circle. With traditional Fibonacci retracements levels, there is no way to predict when the price of an asset might reach these levels. the best aspect of Fibonacci Circle or Fibonacci Arc is it adds the element of the time horizon to the chart. So, we can pinpoint exactly when the price will react to a certain support or resistance level in the future and prepare our entries and exit.. Today iam decrypting Elrond using the Fib Circles. Next resistance targets for Elrond : -249$ -425$ -793$ -1404$ -3139$ Possible we are going to grab the liquidity on the Neckline at 44$ before.
BINANCE:EGLDUSDLong
by Crypto_Mercy
3
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (161.95). . 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 45. Take Profits: TP1= @ 175.10 TP2= @ 204.85 TP3= @ 244.50 TP4= @ 283.75 TP5= @ 373.20 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
4
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (161.95). . 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 43. Take Profits: TP1= @ 175.10 TP2= @ 204.85 TP3= @ 244.50 TP4= @ 283.75 TP5= @ 373.20 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_World
17
EGLD/USDT can become bullish soon!Hi every one EGLD / TETHERUS EGLD/USDT has formed an ascending triangle which is a bullish pattern! the price can increase as much as the measured price movement (AB=CD) but only after the break out happens we can be sure about the bullish movement! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea Have a nice day and Good luck.
Long
by CobraVanguard
6
Elrond EGLD Rising Wedge bearishThe Rising Wedge has been confirmed April 18th for Elrond and volume is going down which is usually no a good sign.. The lower line of the wedge is support and the top red line is resistance inside the Wedge. As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising wedge will slope up and with the prevailing trend The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope up and have a bearish bias. To confirm a wedge you need those ingredients : 1-At least 2 touch on the upper line and touch on the lower line (support) 2-Ideally, volume will decline as prices rise and the wedge evolves. An expansion of volume on the support line break can be taken as bearish confirmation. It's the result of the contraction. Bearish confirmation of the pattern does not come until the support line is broken in a convincing fashion. It is sometimes prudent to wait for a break of the previous reaction low. Once support is broken, there can sometimes be a reaction rally to test the newfound resistance level.
E
by Crypto_Mercy
9
Elrond EGLD to 24.78$ is that possible scenario ° Rising Wedge °Ok i know a lot of people will not like this but i just want to share with you what i see on the logarithmic chart...It's just a scenario don't Panic... don't really like this Bart Simpson Head now... We all so have the bullish scenario with the cup & Handle.. but this can happen if Bitcoin is crashing... The eGOLD is forming a Rising Wedge for now.. The pole is bringing de eGOLD to the Golden Fibonnacci on the logarithmic 0.618 around 24.78$. If i don't use the log mode the pole with is briinging the eGOLD around 0.9 or 0.85 it depend where the breakdown point will be.…which mean this would be a strong wave 2. Nothing sure yet but if the roof of the wedge is breaking.. be careful.. Take precaution. Have a wonderful day.
Short
by Crypto_Mercy
39
Can EGLD/USDT reach 320$?EGLD/USDT It has good growth potential !! It seems EGLD/USDT is trying to form a Cup and handle pattern! as you Can see the Cup has been formed but the handle has yet to Complete after the Completion of the handle we Can expect the price to increase as much as the measured price movement! do you think that EGLD Can reach around 320$ or not? Our more recent analysis of EGLD /USDT : Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
20