TradingView
ForecastCity_ME
Aug 6, 2021 4:21 PM

💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetwork Long

EGLD / TetherUSBinance

Description


Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (110.90).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EGLDUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77

Take Profits:
TP1= @ 121.73
TP2= @ 139.58
TP3= @ 154.86
TP4= @ 172.77
TP5= @ 204.95

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 / Crypto 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 ❤️
Comments
Megan_forex
Super perfect analysis.
ForecastCity_ME
@Megan_forex, Thank you! We appreciate your comment.
Lizabet
Impressive setup and excellent explanation
ForecastCity_ME
@Lizabet, Thank you for your feedback. We appreciate it
More