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EGLDETH technical analysis

Analysis for:

Technical Summary:

Sell
STOCH
Sell
RSI
Sell
ADS
Neutral

What is it EGLDETH and how it trade

In today’s fast-paced cryptocurrency market, predicting the price movements of pairs like EGLD/ETH can be both challenging and rewarding. Utilizing advanced strategies such as the EASY Quantum AI trading strategy allows traders to analyze market trends effectively. This method focuses on short-term forecasting, making it ideal for those looking to make quick trades throughout the day.

๐Ÿ”ฎ Understanding the EGLD/ETH Pair

The EGLD/ETH cryptocurrency pair represents the exchange rate between Elrond (EGLD) and Ethereum (ETH). Monitoring this pair allows investors to gauge the performance of these two prominent digital assets. Key factors that influence the price movements include:

  • Market sentiment and news
  • Technological advancements in blockchain
  • Liquidity and trading volume
  • Regulatory changes impacting cryptocurrencies
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    Automated trading has become a vital tool for investors looking to maximize their trading efficiency. By leveraging algorithms, traders can execute orders based on predefined criteria, minimizing emotional decision-making. Our EASY Bots series includes various trading robots designed to cater to different trading styles. Notable strategies include:

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  • These advanced tools are available in our marketplace, providing users with the resources needed to enhance their trading experience.

    ๐Ÿ“ˆ The Role of Forecasting in Cryptocurrency Trading

    Forecasting plays a crucial role in making informed trading decisions. By employing the EASY Quantum AI strategy, traders can analyze historical data and market patterns to predict future price movements of EGLD/ETH. However, itโ€™s important to remember that our forecasting system does not guarantee profits. Investors should conduct their own analysis and consider all potential risks involved.

    ๐Ÿ“ฒ Stay Updated with Our Telegram Bot

    To keep you informed about the latest price movements and forecasts for EGLD/ETH and other trading instruments, we invite you to subscribe to our Telegram bot. This service offers free daily updates tailored to your interests. Remember, while we provide valuable insights, the responsibility for all trading decisions ultimately lies with the investor. Make sure to assess your risk tolerance and approach the market with a well-thought-out strategy.

    EGLDETH forecast for today, 16 Nov 2024

    It is important to note that the feasibility of each scenario has its own probability, which depends on many factors, including economic, political, social and other circumstances. A variety of possible scenarios helps traders to make informed trading decisions and manage risks in investment activities.

    Discover todayโ€™s forecast for the EGLD/ETH cryptocurrency pair, powered by our innovative EASY Quantum AI trading strategy. This advanced algorithm analyzes market trends and predictions to provide you with actionable insights. Stay ahead in the dynamic crypto landscape with our reliable forecasts, designed to enhance your trading decisions. Join us as we navigate the future of EGLD/ETH and maximize your investment potential!

    Forecast for:

    The first scenario
    BUY

    Probability

    33.33%

    Discover today's bullish EGLD/ETH buy forecast powered by our innovative EASY Quantum AI trading strategy. Learn how to maximize your investments with insights tailored for crypto enthusiasts! ๐Ÿ“ˆ

    The second scenario
    SELL

    Probability

    0%

    Unlock todayโ€™s EGLD/ETH forecast with our EASY Quantum AI trading strategy! Discover expert insights and stay ahead in the market. Donโ€™t miss out on your chance to make informed trading decisions! ๐ŸŒŸ

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    EGLDETH Trading Signal

    Number of signals:

    Profit signal

    Numbers

    10

    Profit

    +24.3%

    Here are the EASY Quantum AI forecasts that made a profit. Each entry includes entry and exit prices, trade direction (buy/sell) and the profit generated by the trade. These were successful trade results that contributed positively to the investment portfolio.

    Loss Signal

    Numbers

    10

    Loss

    -18.42%

    The loss forecast shows instances where our trading ai forecasts missed the target, which sometimes resulted in losses. Each entry contains important information such as entry and exit prices, trade direction, and subsequent loss. These cases provide valuable lessons for understanding market dynamics and improving future trading performance.

    16 Nov 2024

    Enter Price: 0.0094

    Take Profit: 0.0096

    Close price: 0.0096

    Profit

    +1.92%
    BUY
    30 Oct 2024

    Enter Price: 0.0096

    Take Profit: 0.0097

    Close price: 0.0094

    Loss

    -1.7%
    BUY
    13 Nov 2024

    Enter Price: 0.0097

    Take Profit: 0.0093

    Close price: 0.0093

    Profit

    +4.43%
    SELL
    29 Oct 2024

    Enter Price: 0.0094

    Take Profit: 0.0093

    Close price: 0.0096

    Loss

    -1.95%
    SELL
    12 Nov 2024

    Enter Price: 0.0099

    Take Profit: 0.0102

    Close price: 0.0102

    Profit

    +2.52%
    BUY
    28 Oct 2024

    Enter Price: 0.0096

    Take Profit: 0.0097

    Close price: 0.0095

    Loss

    -0.9%
    BUY
    11 Nov 2024

    Enter Price: 0.0095

    Take Profit: 0.0098

    Close price: 0.0098

    Profit

    +3%
    BUY
    25 Oct 2024

    Enter Price: 0.0103

    Take Profit: 0.0100

    Close price: 0.0105

    Loss

    -2.89%
    SELL
    09 Nov 2024

    Enter Price: 0.0096

    Take Profit: 0.0100

    Close price: 0.0100

    Profit

    +3.85%
    BUY
    21 Oct 2024

    Enter Price: 0.0101

    Take Profit: 0.0103

    Close price: 0.0100

    Loss

    -1.41%
    BUY
    08 Nov 2024

    Enter Price: 0.0092

    Take Profit: 0.0090

    Close price: 0.0090

    Profit

    +2.78%
    SELL
    20 Oct 2024

    Enter Price: 0.0101

    Take Profit: 0.0100

    Close price: 0.0103

    Loss

    -1.62%
    SELL
    07 Nov 2024

    Enter Price: 0.0096

    Take Profit: 0.0094

    Close price: 0.0094

    Profit

    +2.06%
    SELL
    15 Oct 2024

    Enter Price: 0.0106

    Take Profit: 0.0108

    Close price: 0.0105

    Loss

    -1.6%
    BUY
    02 Nov 2024

    Enter Price: 0.0092

    Take Profit: 0.0092

    Close price: 0.0092

    Profit

    +0.9%
    SELL
    13 Oct 2024

    Enter Price: 0.0111

    Take Profit: 0.0114

    Close price: 0.0107

    Loss

    -3.02%
    BUY
    24 Oct 2024

    Enter Price: 0.0103

    Take Profit: 0.0105

    Close price: 0.0105

    Profit

    +1.55%
    BUY
    07 Oct 2024

    Enter Price: 0.0105

    Take Profit: 0.0107

    Close price: 0.0103

    Loss

    -2.02%
    BUY
    19 Oct 2024

    Enter Price: 0.0101

    Take Profit: 0.0102

    Close price: 0.0102

    Profit

    +1.29%
    BUY
    04 Oct 2024

    Enter Price: 0.0104

    Take Profit: 0.0103

    Close price: 0.0105

    Loss

    -1.31%
    SELL
    Profit signal

    Numbers

    10

    Profit

    +24.3%
    Loss Signal

    Numbers

    10

    Profit

    -18.42%
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