EGLDUSDT.P trade ideas
EGLDUSDT, Inverse Head & ShouldersEGLDUSDT in TF 1D,
Inverse Head & Shoulder
Breakout Neckline
Wait retest Neckline.
Best price for Buy is 45$
Thanks
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for EGLDUSDT
There is R2 on the top of the chart which is a resistance area and it represents the unsuccessful triumphs of the price to rise at several points. R1 used to be a support area. And as you see, S1 is our support area with their well support of price for various points. Hence, we observe the fluctuation of price below R1 due to being rejection by the mentioned area. Our expectation would include another rise to reach R1 and then via having some rising signs, there would be more rise predicted for the price to reach higher amounts. Therefore, R1 is considered a good point for saving profits then. But it is so probable that the price loses the support at R1 and more decline would happen toward S1. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our analyses and updates.
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 launches xPortalAs a new EGLD project is being launched by speculation and technical analysis, we can place a bet on the long side on EGLD.
$52.65 zone is the biggest resistance at the moment.
EGLDUSDT: BREAKOUT AND RETEST OF TRIPLE RESISTANCEThis asset broke out of a horizontal, diagonal, 200 DMA and head and shoulders neckline, a retest has just been completed. I expect some growth from here.
Shortterm targetsThere is a descending resistance line on the weekly. Descending resistance pretty much always breaks to the upside.
$63,87 -> Should be the easiest to break. You can take small profits here but honestly, it would be a waste. Personally think we will break through this, but it still a heavy point of resistance on EGLD. Thats why im mentioning it.
$74,34 -> A great take profit target if you still believe we're in a bearmarket.
$85,62 -> The best tp level for a scalp. Not extremely high, especially for this great project.
Obvious disclaimer but still disclaiming; these are shortterm targets. I personally believe the potential of this coin in the longterm is much higher.
Inverse head and shouldersnot in the mood for worrrdssss bacon turd ham sandwitchesbrew from my butt .
EGLD: Inverse head & shoulderEGLD creates a perfect inverse head and should pattern. I'd be surprised if we don't shoot to $63.
EGLD: Resistance BreakoutElrond (EGLD) technical analysis:
Trade setup : Price broke back above $50 resistance and 200-day moving average, making Higher Highs, which are all indications of Uptrend. Price could revisit $60 next. Recent strength comes after its partnership announcement with Tencent (owner of WeChat).
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $40 (previous resistance), then $32. The nearest Resistance Zone is $50, which it broke, then $60.
EGLD CUP AND HANDLE Here is your cup of coffee , I think EGLD will be go higher. from here especially is the dollar gets weaker
Possible H&S on EGLDI spotted this one too late unfortunately and I'M NOT SURE the right shoulder counts as shoulder but volume suggests it should be it. However if it retraces to that OB down there I think it'd be a good place to grab some. The target is the zone up there.
Good luck
Egld | If You Are Following Me Then You Are Already in 8% ProfitEgldusdt
Breakout As expected, 8% Profit So far
Retesting In precess Incase of successfull retest expecting 30%-50%- Bullish move
Dyor
long 4hourlong 4hour
Entry and exit limits are specified
If the entire cryptocurrency market continues to rise, this chart is also susceptible to such a position.
Egldusdt | Expecting 50% Bullish Move Let's SeeEgldusdt
Breaking horizontal resistance & forming descending channel in 1d time-frame incase of breakout 50% Bullish move confirm
Do your own research
$EGLD is building hudge! Check out the news, DYOR!We will see $EGLD over 1.000 USD in a year.
IF today #MultiversX has 2 mil users, tomorrow it could reach 1 bilion.
twitter.com
See who is TENCENT :
en.wikipedia.org
... also, let me remind you, they will launch a lot of new products and features:
multiversx.com
Future is near the corner and #MultiversX are one of the builders.
DYOR!
CHEERS!
Egldusdt Pretty Bullish Egld
Horizontal Resistance Already Broken
Formed Descending Channel in daily timeframe incase of breakout expecting massive bullish move
Note: Always wait for breakout
Dyor
Egldusdt Looks Pretty Bulish seems Like getting ready for another Bounce
Forming descending channel in daily Timeframe Incase Of breakout expecting 120 To 130% bulish Move
Horizontal Resistance has already Broken expecting massive breakout
Egldusdt Looks Pretty Bulish Falling Wedge Breakout And Retest has Already Confirmed
Expecting 160 To 180% Bulish Wave Buy And Hold Some Place stoploss Below Black Line
EGLD BUY SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the EGLD symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Potential long on EGLDI'm looking for hedge longs on alts. EGLD is one of my favorites.
-> Very nice rounding bottom (potentially a spring).
-> Clear resistance and support.
-> Clear target.
