hi friends, as you can see in the above chart, we have a famous and clear bearish divergence which you may see in many analyses nowadays. moreover, we can see an ELLIOT wave that is in its retracement phase. so we may see the retracement. although the first main and strong resistance in FIBO is 40000 so let's see if the positive fundamental news lets BTC price...
hi friends, till now, the price has not succeeded to overcome two main resistances. you can see them on the chart. passing them with a confirm is the key to go further. after passing and a successful test, we can buy more EGLD. by the way, the previous chart is still true but you should pay attention to the resistances.
It's so important to understand suitable trade time.
Not every day is time of 30 percent growth.
In one scenario we can expect moving to lower boundary of the flag and then breaking out to above the flag.
On the other hand, we can break out the flag sooner.
Be patient and have a plan.
After a huge dump, we see Alts are reviving gradually. Although everything in Alts' world depends on BTC.
as you can see, EGLD broke the descending trend and now going high. it helps EGLD to gain momentum before any move in BTC market.
during these bleeding days, this is Arpa. It's pumping great. breaking the boundary of the symmetrical triangle is so good for it.
let's see if it can fix above the boundary or not.
Hello friends. as I said in the previous post, EGLD faced a bad chance at the beginning! Now it broke down the descending triangle and going down.
Although all market is going down, I think it's a good opportunity to buy the good token in the dip.
don't miss the chance.
this is the first analysis for EGOLD!
about one week after an announcement, the swap was done today. we don't have ERD anymore and instead, we have a new token called EGOLD.
ERD quit Binance on about .019 USD and started again on an average price 20$. as you may know, every 1000 ERD is equal to 1 EGOLD.
we can say that it didn't face a luck on the...
Hi, As may you know, we passed the third Golden cross today in 1D time frame. along with it, we are getting close to the end of a great ascending triangle. on the other hand, we are above important moving averages. So, technically we can expect a breakout of 10000 strong resistance.
Hi, As you can see in the chart above, The price broke out the ascending channel and strong resistance (9550) and now is below a strong resistance. We are also in an ascending channel that I expect after touching the upper line, it retraces to the lower line.