EGLDUSDT: Breakout Imminent or Breakdown Risk?Yello, Paradisers! Is EGLDUSDT gearing up for a big breakout or are we in for another setback? Let’s dive into the technicals to see what's at play.
💎EGLDUSDT has recently formed a descending triangle pattern accompanied by bullish divergence, showing promising signs with a W-shaped bounce from the
Bullish Momentum Building with Inverse Head and Shoulders💎 EGLD has formed an inverse head and shoulders pattern within a support zone, aligning with its overall bullish trend. Additionally, CHoCH (Change of Character) and BOS (Breakout Sign) signals have been observed on the price chart, further enhancing the likelihood of a bullish move following a brea
Imbalance $65 | Short BiasOn day chart
ELGD has created imbalance around $65. Besides, ELGD's in consolidation phase $48 - 60
The previous signal when ELGD closed below $55 that is signal for reversing if price can't close above $73
So I think ELGD pullback to higher then drop to Golden Ratio at $40
Wait for next move
Crypto Chart EGLDTHis is Giving Breakout and chart Lookin
g Bullish and For this You Can Enter Here
with the Price of 46.95
You need to make SL of 41
WIth Target of 49 - 52- 55- 60
Take Risk as per Your Capital U can Take This into Spot or Either Leverage on Crypto Exchanges
#CRYPTO # egld #SWINGTRADING
EGLD/USDT Alert: Wedge Pattern Sparks Bullish Momentum!💎 Hey Paradisers, let's explore EGLD/USDT. Zooming in on the daily chart, a falling wedge pattern has emerged over time. Right now, it's getting closer to a strong support trendline, and a noticeable bullish MACD divergence is in play.
💎 If EGLD/USDT stabilizes on this support line and breaks the 2
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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