EGLD / TetherUS
Long
Updated

EGLD (MultiverseX) - AltSeason Cycle - Bull Run

749
EGLDUSD (#MultiverseX) is ready to jump.
That's because the #AltSeason shall push #AltCoins to the limits.

Its Market Cap (EGLD) is very low now and about to grow significantly.
This will be the result of #Crypto #MarketCap (TOTAL3 & OTHERS) breaking through their #ATH.

With #BitcoinDominance (BTC.D) showing signs of #Correction, #eGold should prevail.

snapshot

What Happened with EGLDUSDT?

#EGLD managed to spike a bit in the end of '23, thus confirming the start of a larger #Bullish #Cycle.
#Correction is also complete (Q4 in '24), which leaves room for the Bull.

What's next for EGLDUSD?

An Impressive Rise is expected for EGLD.
The current levels are to be watched closely by #Traders going #Long.

#MultiverseX #TechnicalAnalysis

- #ElliottWave A-B-C Sequence: Confirmed
- Intermediate (A) & (B) (white): Complete
- #Bullish #Fractal: Commenced
- #Fibonacci Levels: Conditions Met

My EGLDUSDT #Long Levels

#HODL #Trade:
- Entry @ 31.00 USD (or below)
- TP @ 420.00 USD

#Futures #Trading:
- Entry @ 31.00 USD (or below)
- SL @ 10.00 USD
- TP @ 225.00 USD

snapshot
Trade active
snapshot
Note
EGLDUSD Daily Chart:
snapshot
Note
EGLDUSDT 4H Chart:
snapshot
Note
EGLDUSD got rekt, dropped like a rock.
This is most likely the final floor.
* to be watched, times are challenging.

I remain with the #HODL.
snapshot

Added #Long on EGLDUSDT for #Futures.
- Entry @ 22 USD
- SL @ 5 USD
- TP1 @ 150 USD
- Tp2 @ 200 USD
- TP3 @ 225 USD
snapshot

Divergence on 4H Chart.
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.