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Egldusdt

🚩EGLD: falling wedge breakout! Wait for confirmation!EGLD price made a bullish wedge after a false breakout. As we know, the crypto market has its own specifics of patterns. Often it happens with manipulations, collecting of stop losses, false breakdowns, etc. In this case, the manipulation was the first time when the wedge was broken out, when the candle collect liquidity above the wedge and returned to it. The price fell by 8-9%, almost the same as the entire crypto market. It`s not to much and show the bulls power. By volume, we see that this altcoin has been bought 3 times at the bottom. This indicates a big player who is accumulating a position. Locally, we might see a breakout of the bullish wedge. If the volumes grow on price pullbacks, it will confirm our bullish scenario. Targets can be identified by the horizontal volumes indicator. It`s the largest value areas, where the most of traders will close their position: $90-93 $107-110 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
3
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for EGLDUSDT We predicted in our last analysis on May 3 that the price would have more decline. At that time, the price was fluctuating about $120 and we expected more fall for it. Now you can observe that our expectation came true and the price has reached the amount of $75. Here we believe there will be no more fall for the price and it moves to the first resistance line and it has more rise. In case the support is lost for the price, then we should consider a short position for it. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
Elrond bear market bottom to 36.50$ or 20$Hey everyone, E wave inside ABCDE in yellow was a FLAT ABC trap. Egold only have 2 MA's, 3 Months MA9 at 112.70$ and 5 months MA 7 at 108.65$. Losing this can easily bring the eGOLD on next strong support which is 85$. I see Elrond is this Grand WXY in Blue. 2 top bear market log fibs are 0.382 which is 36-37$ for Elrond, and logo 0.30 at 65.50$ but weakest altcoins sometimes drop to log 0.5, its around 16$ -18$ for the eGOLD. Its a possibililty but less probable than36$ in my opinion. Best to you !
BINANCE:EGLDUSDShort
by Crypto_Mercy
2
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. The price is fluctuating over the support line and it was supported several times by this line. We expect the price to move to the resistance line when it reaches the support line. In case the price moves below the support line and fixes there, we will have more decline in it. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals