EGLDBTC: Bullish Flag, confirmedBullish Flag, confirmed
Pros:
Post forming with volume
Descending volume during flag forming
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, but flat
ATR Ascending
R/R ratio above 7
250RSI above 50
200MA ascending
Target:
PT = 0.006237$
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EGLDBTC trade ideas
EGLD bullish, use SLThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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It's a great buy opportunity in EGLDBTC @ElrondNetwork @Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00218). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDBTC 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 51.
Take Profits:
TP1= @ 0.002490
TP2= @ 0.002690
TP3= @ 0.003080
TP4= @ 0.003480
TP5= @ 0.004200
TP6= @ 0.004640
SL= Break below S2
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It's a great buy opportunity in EGLDBTC @ElrondNetwork @Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00218). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDBTC 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 51.
Take Profits:
TP1= @ 0.002490
TP2= @ 0.002690
TP3= @ 0.003080
TP4= @ 0.003480
TP5= @ 0.004200
TP6= @ 0.004640
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 do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EGLD - KEEP AN EYE AT BTC!!!We need a steady BTC for a EGLD relaunch, I mean not a volatile one with no more than 5% ups and downs. I think everything in all the market now, as always is depending on BTC movements.
Everybody keeps silent when the fat lady sings!
I believe we are consolidating here. We could see ample movements and retracing after going up, don't forget, BTC is near ATH and EGLD/BTC bouncing between ATH and the previous ATH.
I use Phoenix Ascending indicator to see trend changes. If you intend to use it, don't forget to check more timeframes to see the whole picture.
This is the picture is my personal opinion, not a financial advice.
Take care! Cheers!
EGLDBTC grows more? 🦐$EGLD.X having an amazing performance, and now the price is testing weekly trendline. IF the price will have a breakout from 4 resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EGLD some possible scenarios - it's going to decide soon.EGLD/BTC on the right panel is going to decide till tomorrow which way it takes. My opinion is that is going to pop UP. What do you think?
If it's a bull flag there, I believe we are going up more than 80% in two days. If it exits down, we go down around 30%.
CHEERS guys!
P.S. It's just my opinion, not a financial advice!
BINANCE: EGLD/BTC🛒 Pair: EGLD/BTC 🛒
== SPOT==
⏰ 1399/11/01 ⏰
🕰 20/01/2021 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#29
🛒 Buy : 1100 - 1130 🛒
👉Sell Targets👈
🎯TP1: 1195 🥉
🎯TP2: hidden🥈
🎯TP3: hidden🥇
🎯TP4: hidden🏆
🎯TP5: hidden🚁
🎯TP6: hidden✈️
🎯TP7: hidden🚀
🎯TP8: hidden🛰
🎯TP9: hidden✨
⛔️ SL: 995 By closing Daily candle
Breaking trend line
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