EGLDBNB left its accumulative zone and is now above the Ichimoku level, which gives it a lot of lightness to reach its target. The only resistance is the median of the Keltner channel at 0.1930. and on the other hand its support is at 0.1710. Good prognosis for EGLDBNB.
Here is My Study Results on EGLD
I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
Aprox. All Crypto Currncies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis
If You Like My Work...
Good night everyone
According to our last analysis , exactly the movement and our predict happen and now after we made new breakwave ,we need to recovery the power to go up more and more .
Maybe because of the momentum the price want to go up and check the resistance zone and top of the breakwave again and then fall down
EGLD is one of the most powerful...
On 4hr time frame egldusdt pair breakout from the big triangle the breakout is also hanpped on daily time frame.
Now the technical target of egldusdt pair is 380 dollar the 2nd co formation about the target is fib extension also at 380 usd 3rd confirmation is bul flag framed on 4hr time frame thats target also is 380 usdt.
There we have 3 confirmation about the...
EGLD / USDT
Price after recent bullish moves
Start to Consolidate in top forming a flag pattern
And turned previous resistance into support
As long as price hold new support in chart
and didn't close by daily candel below
there is a Potential new bullish wave
with new targets 15.55$ - 17.7$ - 20$
Note : this is not a buy signal from current price
Just...
💎Technical Analysis Summary💎
BINANCE: EGLDUSDT
-EGLD is up over 140% from the daily swing low up to the recent top
-The price is currently trading at a strong resistance zone between 0.5 - 0.618 Fib
-There is no sign of Bearish rejection yet as the daily candle about to close in a few hours
-If we want to stay in the Bullish momentum, EGLD must hold within this...
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...
💎Technical Analysis Summary💎
BINANCE: EGLDBTC
-EGLD is back from its previous minor consolidation last June 2020
-This is crucial, because if this level of support failed
-The next potential support below is somewhere around 300s sat
-That is quite a heavy downward move if it happens
-The Altcoin market is too Bearish as of this moment
-So buying at key...
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...
