EGLD longEGLD bounced off the support level. Asset broke trough off the descending trendline. Bullish movement to resistance level at 49 is possible.
EGLD
EGLD: Time to show strengthHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today is a big opportunity for traders looking for a big move. The market is ready to fly and EGLD is one of the pairs which will show a big move. On average Pairs will boost 120 to 140% so if we compare to the average this is a golden pair to hold.
There is a big Head and shoulder pair and it is ready to fly. You always heard of shorting the Head and shoulder pattern, which never works. Try the A1000x way and see the power.
The EGLD will retest the broken trendline and there will be some extra jump after entering back into the trendline. This move will break 250$ price.
Don't forget to hit the like button and follow to stay connected.
EGLD/USDT Technical Analysis Update ( Bearish Flag )Title: EGLD/USDT Technical Analysis: Bearish Trend Continues, $29 Target Expected
Introduction:
In this technical analysis, we will be discussing the current price action of EGLD/USDT and its potential future movement. Please note that this analysis is for educational purposes only and should not be considered as financial advice. It is always recommended to conduct your own research before investing in any coin.
Current Price Action:
EGLD is currently trading at $40, which is 9% down from the last entry. The coin has been facing a bearish trend and is currently down by 92% from its all-time high of $545. The recent low was at $32.
Technical Analysis:
Based on chart analysis, the bearish trend is likely to continue, and we can expect the price to reach a target of $29. However, if the price manages to break out above the $52 level and sustain above it, the bearish sentiment will end. In such a scenario, the upside target will be $100 to $125 after the breakout.
Conclusion:
It is essential to have a safe trading zone and be prepared with your positions. Never gamble with your hard-earned money and always conduct your own research before investing in any coins. Remember that this analysis is for educational purposes only and should not be considered as financial advice.
Takeaways:
EGLD is currently facing a bearish trend and is down 92% from its all-time high.
Based on chart analysis, we can expect the price to reach a target of $29.
The bearish trend will only end if the price breaks out above the $52 level and sustains above it.
Always trade with a safe zone and conduct your own research before investing in any coins.
Disclaimer: This content is for informational purposes only, and it should not be considered as financial advice. The information provided in this article is based on the author's personal opinion and analysis. Please conduct your own research before investing in any cryptocurrency.
EGLDTechnical analysis of egld:
Friends, the harmonic bullish pattern is marked with targets. This analysis is valid until I give a correction analysis of Bitcoin.
The main point is that the targets have been identified in this analysis and now it is not optimal for buying.
Good luck
Karim Heydari
Egld | Getting Ready For Breakout | Trade Is Ready Egldusdt
Also Look Like Forming Inverse Head & Shoulders Pattern in daily Time-frame
Expecting Massive Bounce in mid term
Note : Always Manage Risk & Trade Ith Your Own Research
$EGLD/USDT 1D (#Bybit) inverted Head & Shoulders breakoutMultiversX (f.k.a. Elrond eGold) is pulling back to iHnS neckline / 100EMA support, looks good for a bounce back and a bullish continuation.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.0%
Current Price:
45.95
Entry Zone:
45.95 - 43.39
Take-Profit Targets:
1) 51.75
2) 57.08
3) 62.41
Stop Targets:
1) 38.75
Published By: @Zblaba
$EGLD #EGLDUSDT #MultiversX #Elrond #eGold
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.3% | +83.1% | +119.1%
Possible Loss= -39.7%
Estimated Gaintime= 2-3 months
EGLD longEGLD broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 51.15 is possible.
🔥 EGLD Huge Inverse Head & Shoulders PatternEGLD has been forming an inverse head & shoulders pattern over the last 8 months. This is classically a bullish reversal pattern.
I'm waiting for the price to break out through the neck-line before considering an entry. Targets in blue.
If you're bullish, you could consider an entry around this area with a better risk-reward ratio.
MultiversX EGLD Price targets if SEC will ban Crypto StakingCoinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for MultiversX EGLD are:
EGLD/USDT short
Entry Range: $40 - 45
Price Target 1: $35
Price Target 2: $29
Price Target 3: $24
Stop Loss: $49
EGLD/USDT Technical Analysis and Price PredictionTechnical Analysis of EGLD/USDT:
EGLD is currently trading at $41, which is 93% down from its all-time high. Despite many influencers claiming that it would reach $1000, investors suffered significant losses due to their funds being liquidated.
In my opinion, EGLD is likely to experience further downward trends, and it may test the $27 level, resulting in a 34% drop from its current value. I remain bullish on EGLD only if it surpasses the $52 level.
In bear markets, smart traders buy the dip and sell in bull markets. At present, both the RSI and MACD indicators are bearish.
The critical levels to watch for are $27 for support and $52 for resistance.
If you appreciate my analysis, please like and share it. To stay up to date on the latest crypto real-time updates, be sure to follow me.
Thank you.
EGLDI can explain more and Profesional and you will be confused and think how I am an expert but in reality just need the chart simple any break can give you profit or stop loss it just need manage your money
EGLDUSDT, Inverse Head & ShouldersEGLDUSDT in TF 1D,
Inverse Head & Shoulder
Breakout Neckline
Wait retest Neckline.
Best price for Buy is 45$
Thanks
Inverse head and shouldersnot in the mood for worrrdssss bacon turd ham sandwitchesbrew from my butt .
EGLD: Resistance BreakoutElrond (EGLD) technical analysis:
Trade setup : Price broke back above $50 resistance and 200-day moving average, making Higher Highs, which are all indications of Uptrend. Price could revisit $60 next. Recent strength comes after its partnership announcement with Tencent (owner of WeChat).
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $40 (previous resistance), then $32. The nearest Resistance Zone is $50, which it broke, then $60.
$EGLD/#BTC [#MultiversX (Elrond)]: Resistance_BreakoutHey traders, we've identified a Resistance Breakout on the $EGLD / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.002065 | 0.002156 | 0.002386 and the major support zones are respectively at 0.001835 | 0.001696 | 0.001466. It is a bullish indication and we may consider entering at the current price zone at 0.002031 and targetting higher levels.
Technical Metrics :
Current price: 0.002031
24H Volume: 22.4774 Ƀ
24H Price change: 2.888%
- Pivot Points - Levels :
Resistance: 0.002065 | 0.002156 | 0.002386
Support: 0.001835 | 0.001696 | 0.001466
Indicators recommandation :
Oscillators: SELL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth EGLDBTC technical analysis on > Tradingview TA page
What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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Possible H&S on EGLDI spotted this one too late unfortunately and I'M NOT SURE the right shoulder counts as shoulder but volume suggests it should be it. However if it retraces to that OB down there I think it'd be a good place to grab some. The target is the zone up there.
Good luck
Egld | If You Are Following Me Then You Are Already in 8% ProfitEgldusdt
Breakout As expected, 8% Profit So far
Retesting In precess Incase of successfull retest expecting 30%-50%- Bullish move
Dyor
Egldusdt | Expecting 50% Bullish Move Let's SeeEgldusdt
Breaking horizontal resistance & forming descending channel in 1d time-frame incase of breakout 50% Bullish move confirm
Do your own research
$EGLD is building hudge! Check out the news, DYOR!We will see $EGLD over 1.000 USD in a year.
IF today #MultiversX has 2 mil users, tomorrow it could reach 1 bilion.
twitter.com
See who is TENCENT :
en.wikipedia.org
... also, let me remind you, they will launch a lot of new products and features:
multiversx.com
Future is near the corner and #MultiversX are one of the builders.
DYOR!
CHEERS!
Egldusdt Pretty Bullish Egld
Horizontal Resistance Already Broken
Formed Descending Channel in daily timeframe incase of breakout expecting massive bullish move
Note: Always wait for breakout
Dyor
Egldusdt Looks Pretty Bulish seems Like getting ready for another Bounce
Forming descending channel in daily Timeframe Incase Of breakout expecting 120 To 130% bulish Move
Horizontal Resistance has already Broken expecting massive breakout
