💎 Paradisers, turn your attention to #EGLDUSDT, as it's currently exhibiting trends that suggest a bullish transition from its current support zone.
💎 In light of recent market fluctuations, #EGLD has been on a decline. However, if it manages to sustain momentum at the support level of $46.94, there is a promising opportunity for a bullish advance towards the...
going long on EGLD at 55$ (cup and handle formation in the chart) Looking to take profit at 130 and 225$. Exiting around that price unless fundamentals change.
The trade gives a nice risk to reward of 1 to 9
Hi friends. Today we are looking at EGLD, on the four-hour chart we see a falling channel and we have an exit from it at 74.55, this will be our first TP, we can also see an additional triangle figure and here we can determine the second TP at the level of 80.
I recommend setting SL at the level of 69, and in the event of a correction, we can increase the position...
💎 EGLD has become a standout in the market, recently achieving a breakthrough past a key resistance area. In the Lower Time Frame (LTF), the chart indicates a valid breakout and EGLD is now entering a crucial retesting phase. This phase could pave the way for a substantial upward movement, with our next target being the bearish OB area.
💎 During this retesting...
HM signal (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Low selling pressure at current level
- support at Zone @ 64.27 - 67.17
It is potentially trending up higher with increase of strength and momentum.
👉 Bull Flag Formed At EGLD Chart And And We Had a Perfect Bounce From The 67$ Support Area ,I Expect a Breakout Soon And Start a New Bullish Wave Toward a 75.5$ And 85.5$
I think that the movement of the market may still be downward. The structure in TOTAL may bring a test of the support zones below. I will be taking a small long position in each area I show.
If you have been following along, you have seen me share EGLD entries at roughly $23 and $38 in this cycle. That is, of course, after this was the biggest newsletter trade ever shared when this coin was 10 sats vs. Bitcoin as ERD. We have traded this for many 100xs on multiple occasions.
I am not sure that same opportunity exists now, but we do have EGLD breaking...
➡️EGLD has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which EGLD is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to...
IF retrace is given, take it. Might wanna stop buy this one
We had a sharp wave 2 , will we see a sideways triang or flat?
After the completion of (5) we might look for a short oportunity.
Send it. If its clean
EGLDUSDT persists in honoring the uptrend trendline, maintaining movement within a long-term ascending channel. Notably, the previous supply zone has transformed into a respected demand area, significantly bolstering the likelihood of sustained uptrend continuation.
This favorable price action significantly heightens the probability of a 60% price surge in the...
EGLD is forming CUP AND HANDLE..Possible play may rejected around 68.4801 resistance. The support may bounce at 64.6912 or .236.. If resistance is break possible TP area 75.5635 or 87.0965...
Price is consolidating in a Triangle after a strong down move.
This compression often precedes a strong price move.
Use bracket entries to enter trade as could be either a reversal or a continuation.
Watch volume for confirmation.
I believe EGLD is bottomed at this level and it is trying to breakout these levels with higher volume.
It hit the fibo 1.27 and rebounced to the bigger falling wedge
There are short term goals, mid and long term goals, so try to manage your risk accordingly
All the best insha Allah!
Facing a massive resistance zone. #EGLD from the bottom increased by +182.76%. If it breaks this resistance it can start “mooning” again, but I smell a FOMO in the market. Be careful.
