Expecting bullish price action on ELROND as price shifted the market strucutre from bearish into bullish, price retraced back into the bullish orderlbock area 150$ + filled the bullish imbalances, i am bullish on BTC meaning elrond should rise as well. What do you think ? Comment below..
EGLD is in an Ascending Triangle. This means the Price can Increase as much as the Measured Price Movement (AB=CD). No break out Has accrued yet So we shall wait Before Confirmation. there is also a Hidden Bullish Divergence on MACD as well (+HD) Which means the Price is gonna Increase pretty Soon! If the break out Happens we can See EGLD reach 260-300$...
📉 Expecting bullish price action on EGLD as price makes the bullish bos shifting on it's way the structure from bearish into bullish. Price made the retracement move back into discount market area on the fibonacci + bullish orderblock area on 140$ price area. I think we will be bullish on the cryptos for the upcoming days. What do you think ? Comment below..
BINANCE:EGLDUSDT On EGLDUSDT we have price action (breaking the latest slopes, even the most recent 2 slopes), if we add the normal divergence of buy H4 and the hidden divergence of buy from daily and if the price exceeds 172 usd , then we will have an increase of price, at least up to the previous maximum of 210-212 usd.
Many similarities are drawn in both charts A large up channel, that so far hasn't broken Two bottoms along this channel Top points in relatively similar positions on both charts A flat 200MA This could be a sign that coins like EGLD are less correlated to BTC but more to ETH
EGLD/USDT short Entry Range: $183 - 197 Price Target 1: $166 Price Target 2: $145 Price Target 3: $125 Stop Loss: $215
EGLD will pump big once broken resistance after making a double bottom pattern! targets given in the chart trade carefully, enjoy!
It seems EGLD formed bullish flag on different TFs. It's highly possible to break above the trendline and hit the target showed by purple line. Besides it formed an inverted H&S which i'm optimistic about it to break the neckline. Also a bullish Harmonic pattern formed on 1h, 2h and 4h TF. So i believe it might have a spike after breaking above the trendlines....
My basic idea based on price action analysis, everything on the chart. NFA
EGLD/USDT short Entry Range: $190 - 203 Price Target 1: $166 Price Target 2: $145 Price Target 3: $125 Stop Loss: $215
📉 Expecting bullish price action on ELROND(EGLD) after price made a failure swing low meaning near 130$ price area meaning the market strucutre has been shifted. We have a bullish BOS. I woudnt take LONGS trade from this area as we are not in a DISCOUNT market area yet. I will wait for the price to return to fill the bullish imbalances and reject the bullish...
$EGLD Looking interesting here with a potential flip of the 180$ area UCTS indicator showing the 1D Buy signal a few days ago (~15% since there) If gains some momentum/volume, aiming for ~220$ as next target #EGLD
EGLD is a very solid project and this nice 25% trade should close out today hopefully. Pretty painless to watch this one. Plenty of growth to go but expecting resistance at the big even of $200.
Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (EGLDUSDT 1W Chart) If the price holds above 189.78, it is expected to turn into an uptrend. (Important perspective) Primary resistance: around 259.05 Secondary resistance: around 388.02 If the...
🌳EGLD Has Done a Massive Correction! But It Seems To be Recovering From That! As You Can See The Price Has Created a Good Double Bottom Pattern. This Means When The Break out Happens, The Price Can Increase as Much as The Measured Price Movement (AB=CD which in This Case Is as Much as the Length Between The Bottom & the Top of a Bottom!) So This Means that EGLD is...
Elrond EGLD with RSI breakout - W-shape pattern in sight? Therefore a confirmed breakout above $200 would be necessary. Breakout target would be $380 at FIB golden pocket. Bearish scenario when huge volume support at $141 would be broken significant. What do you think? Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial...
Hey Guys, I see a cup and handle formed and think it will break it today. What are you thinking?