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EGLD / TetherUS

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EGLDUSDT trade ideas

🔥 EGLD At Massive Support AreaSix weeks ago I made an analysis on EGLD. In this analysis I discussed the ascending / bearish wedge pattern and the bearish target in case of a bearish move. As of this week, the bearish target of $170 has been reached and EGLD is currently trading near a huger support area. It's certainly possible for EGLD to drop further inside the area of support, but a weaker BTC would be needed for that. Since BTC appears to be relatively bullish in the short-term we might actually reverse from this area. For the coming weeks I've got my target placed at $300. Not sure how much juice EGLD has left in it since it made a 70x already, but who knows. Happy trading!
by FieryTrading
9
Big cool off, unsure if we head higher again.With Dex launches coming up, the hype might continue. I sold half of my stack which I've been holding since November 2020 between 490 and 530$ the last few days and rotating the profits into L2 Scaling solutions and CRV. The run has been parabolic and we need a few weeks to cool off and re-accumulate. Targets listed in USDT as I have a small bag to hedge against BTC dumping the market again. very low bids set on EGLD/BTC which I don't think will be filled but you never know.
Short
by jbwantstoretire
7
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. You see the resistance line R1. The price has broken R1 but has not stabilized above this line yet. If it does, it can gradually move up to the area shown on the chart. It is possible for the price to make a pullback to the S1 line and then go up. If it goes below the S1 line then there would be more falling. 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
Long
by MarsSignals