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EGLD / TetherUS PERPETUAL CONTRACT

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EGLDUSDT.P trade ideas

EGLD bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. EGLD is a cypto with a negative overall sentiment recently. I have the following price targets: EGLD/USDT short Entry Range: $51 - 56 Price Target 1: $48 Price Target 2: $39 Price Target 3: $30 Stop Loss: $63
Short
by BuySellMarketMaker
2
EGLDUSDT needs to hold the ascending channelThe price had a false breakout and the market created a deviation above the 65$ area (daily resistance. Now the price is testing the 0.618 Fibonacci level How to approach it? IF the price is going to lose the ascending channel and retest the support as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
8
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for EGLDUSDT In this chart, there is R1 that is a resistance line and and you can observe the disability of the price to rise. And S1 and S2 are our support areas that include the support of the price at some points. Here we have the price fluctuating over S1 and we expect a fall for it to S1 and then we must wait for some rising signs and then we consider our long position and a rise will be waiting for the price toward R1. Actually it is less probable for the price to fall below S1 at the moment. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
Elrond: Bearish of Altcoins Doesn't End Yet, Going to Under $30?Hello Fellow Elrond Coin Investor/Trader, Here's a Technical outlook of EGLDUSDT! Support our content by smashing the like and follow button, you also can share your opinion in the comment section below. EGLDUSDT has broken out of a rising wedge pattern. Furthermore, The MACD indicator created a death cross, indicating potential bearish movement ahead. All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
Short
by financialfreedomgoals101
10
bearish continuation pattern or trend is about to change ?Hello traders 🐺 . In the chart above we can see two different probable scenario for the EGLD , but in my opinion because of the market situation there is more chance to break the triangle toward the upside and touch the bullish price target ; because as you can see RSI is trying to goes above the 50 and change the mode of the price to the bullish . the first resistance for the price is around the daily descending channel but if price break above it , we could expect to test the 0.786 Fibonacci level . if EGLD break this triangle toward the downside the first support level is around the previous low and if bears succeed to push the price lower we can expect another retest of the lower trend line of the channel . Good luck my friends 😉🐺 .
by Kiu_Coin
10