Elrond eGold is showing some reversal sign and could retrace further, let's give it a try. Current Price= 13.363 Buy Entry= 13.346 - 13.666 Take Profit= 12.825 | 12.466 | 11.970 Stop Loss= 14.075 Risk/Reward= 1:1.2 | 1:1.83 | 1:2.7 Expected Profit= +10.08% | +14.40% | +22.74% Possible Loss= -8.42% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage=...
hidden bullish divergence In 1h timeframe and Stoch Oscillator I think EGLD can grow back quickly. MACD and Chiper are in the positive zone. Interesting the volumes_
EGLD / BTC 🌟 Technical Analysis 🌟 The price broke out from the falling wedge And forming bullish inverse H&S Now we can see also The price got rejected from EMA 50 (brown) after nice Breakout And EMA 20 hold as support (red) If market and btc continue giving alts a breath... EGLD one of top coins that will grow Now i expect it will have some pullback to...
EGLD due to RSI + BULL BEAR + ADX + STOCH is going to be like plotted
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After some correction(between 0.68 0.7 fibo) finally EGLD broke downtrend in daily timeframe , can wait for close weekly candle and make long trade only for 500% profit , KEEP TWO EYES ON :)
Support line from ERD --> eGLD support. Bounced off it and bottomed out perfectly.
breakout above 9$ once close above Buy : 9$ and hold we are going to 15$ and than 30$
Elrond eGold is surely looking juicy here, preparing for a big move up I believe after that pullback. As long as 50MA is holding and supporting the price we are good to go up! Current Price= 8.158 Buy Entry= 8.191 - 7.729 Take Profit= 8.953 | 9.906 | 10.96 Stop Loss= 6.967 Risk/Reward= 1:1 | 1:1.96 | 1:3.02 Expected Profit= +12.47% | +24.45% | +37.69% Possible...
I expect $EGLD to break out in the next few days. This pattern has historically proven to apply on $ERD and recently on $EGLD as well. My money says we're going to the upside.
Broken descending wedge, bullish divergence, buy after retesting support
EGLD broke trendline resistance And did a nice bounce If we looking for a good buy zone. I suggest wait for retracment for last resistance /new support now Will be between 9.00$ - 8.16$ With stop daily close below 7.998$ Sell zone 10.6$ 12$
💎Technical Analysis Summary💎 BINANCE: EGLDBTC -EGLD is on a strong downtrend -The price is currently trading in a ranging channel -It will either break to the upside or downside -So to protect your self from the wrong direction -Waiting for the breakout direction is the is the best option -If the market breaks to the upside above the channel box -That is good...
This is a new coin on the USDT chart, so not much to say for now. I will come back and reevaluate in a few weeks or even a month. However, if we use support and resistance strategy, we can decide to buy EGLDUSDT at the 8.688 support level and then sell it for a profit at the 17.620 resistance level. That's all for now.