EGLD long term scenarioWe have strong buy SIGNAL on 1W TF. Also, I've marked some fibo levels, and the TF for what I belive is to come.
RSI is also out from this selling channel.
We have to say that MultiversX has a looot of amazing fundamentals.
They are going to launch a product once on two weeks from now till may 2023. Also, they have one of the most serious teams in cryptoworld. Great TECh, super fast chain, amazing comunity!
I'm all in EGLD and MultiversX.
This is not a financial advise!
It's jus my opinion.
Cheers GUYS!
EGLD
EGLDUSDT Impulsive PA| POC Resistance| Weekly S/R| Trend Evening Traders,
Today’s analysis – EGLDUSD – trading towards an area f resistance where a rejection is plausible,
Points to consider,
- Price action corrective
- POC Resistance
- .786 Fibonacci Resistance
- Weekly S/R Resistance
EGLDUSD’s immediate price action is trading towards an area where there is technical confluence with the .786, POC, and two HTF levels, allowing fr a bearish bias.
The immediate objective will be the lower Int-Daily S/R, testing this region will create a local trading range.
Overall, in my opinion, EGLDUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“This lack of support is not simply an absence of encouragement. It can be as deep as the outright denial of some particular way in which we want to express ourselves.”
― Mark Douglas
EGLD ready to break out
EGLD is still in consolidation between the longterm trendline and the EMA 50D.
Volume indicator MFI has been almost broken the resistance and so does OBV.
If break-out happens (likely), ELGD will have a good chance to reach november 2022 level (i.e +50%).
A referenced SL would be below the EMA 50D ($38.7).
EGLD LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to scalpy BUY/LONG the EGLD symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#EGLD Egld/USD -4h Chart#EGLD - we have multiple confluences and probabilities.
Analysis is done for the swing trade opportunity.
The first scenario is more optimistic showing only a retrace and continuing the trend. But there is a possibility that the price may liquidate the trendline and make a consolidation at the extreme buy point before continuing its upward movement. Be cautious and do not risk too much.
Invalidation - after $32.22, continuing the downward trend."
$EGLD - Eagle Brand. Finishing or finished its corrective structure. (could also just be wave A like with FTM).
The candle count on the bull market vs the bear market for this coin. Its 100% Symmetric at the moment (57 candles vs 57 candles).
I like what I see here. I would be interested in buying in heavily a bit lower for a 50RR minimum. 50% chance I will not get my lower entry because momentum is shifting in the market.
Safe trades and happy Analyses to you all.
MultiversX (Elrond) EGLD Price TargetsThis week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for MultiversX (Elrond) EGLD are:
EGLD/USDT short
Entry Range: $34 -36
Price Target 1: $29
Price Target 2: $20
Price Target 3: $7.60
Stop Loss: $43
Buying the EGLDHello traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are going to buy EGLD from the key level with tight stoploss.
BUY EGLD now, its at 38.86
Stoploss 38.72(-0.36%)
Target 1, 39.38(+1.3%)
Final Target 39.99(+2.9%)
Don't forget to hit the like button and follow to stay connected
Elrond vs Tether | Up To 70% Potential Mapped (Early 4U)Hello my fellow cryptocurrency trader, I wanted to share a few charts for you before going back to meditation.
We looked at EGLDBTC but also the Tether pair, EGLDUSDT, is showing growth potential.
We are looking at short-term potential and conservative targets but keep in mind that there can always be more than what is mapped on these charts.
Cryptocurrencies, Altcoins, grow wild and strong.
There is high volatility but being conservative you can't go wrong.
My job is to give you a great entry.
My job is to call your attention to these pairs BEFORE they breakout.
If you manage to buy before the action starts, the rest becomes easy... You can just sell on the way up.
Once in the green, you've won.
Buy early and hold... Let the market take care of the rest.
Thank you always for your continued support.
Namaste.
Elrond vs Bitcoin | 50%+ After ConsolidationElrond (EGLDBTC) has been consolidating since the June V shaped recovery.
We favor the bullish bias because of this same recovery.
It has been sideways for a long-time and now prices move above EMA50 with a strong RSI.
We have room for growth.
- Define your own risk.
Additional details on the chart.
Namaste.
EGLD - Last Move Down IdeaOn this 4Hr chart EGLD is within a tight structure
A curved bowl formation has formed. I like to think that these break down bearishly and this works well with a strong support line in green.
From there I expect the bulls to take back control, its just a matter of when. I have pasted a bars pattern showing this awesome recovery.
Longing is always appropriate in this market.