EGLDBTC trade ideas
EGLD/BTCLooking like it's playing out the Inverse H&S...go baby :)....wait for the pull back at the target marked on the chart and another potential Inverse H&S
EGLD seems riding against the wind! Hello fellow traders and investors,
I was going to publish this post yesterday but to be honest I was not sure about my condition getting triggered. Now that my long position has triggered I am posting this idea. BTC is in a critical moment and whole the market is watching it very carefully. In the macro scale BTC is retesting an important Fibonacci zone( 1.618) which I think not only can support the price but also may possibly push it higher. However I think the chance that BTC linger in this zone for a while, before any significant move up or down, is very high. In this period, some alts which EGLD is one of them show significant possibility of growth and trading them against BTC can easily increase the size of our BTC investment.
This is the weekly chart of BTC and ADX is extremely bullish that means a huge momentum.
By the way, trading alts against BTC the times that the market is highly and excitedly volatile is very risky; and any trader must follow strict measures to take care of her/his capital.
Please hit the like button if this analysis appeals to you. That would be a great encouragement. And please comment if you disagree or if you think I have missed something in weighting the situation. I am a good learner and would be thankful to every person that helps me grow to be a good trader .
BINANCE:EGLDBTC
$EGLD, Looking for this potential R/S flip at ~105k sats..$EGLD
Looking for this potential R/S flip at ~105k sats..
If volume starts flowing in, we may see continuation toward ~130k sats as 1st target (20%+)
#EGLD
The Forensic Future Of EGDLDBTCEGDLDBTC is about to be taken over by bulls. Join them before its too late.
EGLD BTC Pump or Dump?I'm only posting this to look back on later. Got a small bet on upside in case.
💡Don't miss the great buy opportunity in EGLDBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLD/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.001260
TP2= @ 0.001480
TP3= @ 0.001740
TP4= @ 0.002580
TP5= @ 0.002580
TP6= @ 0.002900
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in EGLDBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLD/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.001260
TP2= @ 0.001480
TP3= @ 0.001740
TP4= @ 0.002580
TP5= @ 0.002580
TP6= @ 0.002900
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
$EGLD / BTC pair before breakoutOn the USD pair it was forming an ascending triangle, broken already and waiting for retest to go balls deep.. interesting that on the BTC pair is forming a falling wedge and is looking juicy
EGLD Price At Support zoneprice at support zone , wait for price to hold above support zone also breakout of the falling wedge
wait for price to breakout at the falling wedge buy the retest of the support zone
EGLD cryptocurrency chart looks bullish
EGLD crypto chart looks bullish it can move higher as well as strong fundamental coin close above support zone than buy and hold wait for daily candle close
Disclaimer:
cryptocurrency market is very new emerging market so i don't take any responsibility for your loss
$EGLD, For now looking at ~82600 sats as a potential support $EGLD
UCTS Printed a Sell on the daily closing the trade took by the UCTS bot at ~68% profit..
Not as good as last one (400%) but still insane! Face savouring food
For now looking at ~82600 sats as a potential support level, but if #BTC keeps pushing up, we may see further downside..
#EGLD
EMA 200 CROSS FOR EGLDBTCReally good signal from the EGLDBTC chart. Probably the news of the latest technological advances united at the moment has developed the right condition to finally see this project explode. Let's hope.
EGLD/BTCPredictionGood morning for all respected traders and Investors!
I made a simple prediction about EGLD/BTC for today.
EGLD was about running high 3 days recently, so probably would be bearish today.
Just save your position!!
Critiques and Comments are really appreciated!
Thank you! Happy trading y'all !!
PS: This is not financial service or even education. This is my prediction.
Short EGLDBTC Scalper modeScalper mode - Detect a No Demand Bar, Timeframe 5m
A distribution start is possible
EGLD/BTC Prediction for today.Good Morning for all Respected Traders, Investors!
I made a simple prediction today for EGLD/BTC.
Now is a little bit correction. Entry at the best price under 0.001000.
Correct me if I am wrong.
Critiques and comments are really appreciated.
Happy trading to y'all!
Have a great day!
Best,
DM
ELGD +248%; Could this be possible?ELGD seems to have returned to growth with the innovations carried out by the project development team. We hope the market will trust him. At the moment the picture seems favorable for further and expected price growth.
#EGLD, Quite solid chart with very define levels..#EGLD
Quite solid chart w/ very define levels..
Currently on the way up from November 22 bottom (50% since UCTS 1D Buy signal)
Flipping resistance into supports & currently facing ~82k sats level (resistance)
Already set some alerts for next opportunities!
#EGLD
