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Egldusdt

EGLDUSDT , We need more correctionGood night everyone According to our last analysis , exactly the movement and our predict happen and now after we made new breakwave ,we need to recovery the power to go up more and more . Maybe because of the momentum the price want to go up and check the resistance zone and top of the breakwave again and then fall down EGLD is one of the most powerful project in crypto and the fundamental of them is heavy powerful :D We shown on chart two buy zone area that check in multi-time frame to find best zone for buying and HODL it until the target that we will publish in future can reach Previous analysis : Good Luck Abtin
Short
by Abtin00
4
EGLD/USDT - 4H - Potential channel breakout and bull flagEGLD might be looking ready to move on the 4H. Fib Trend Time indicator also showing this. White channel (flag) measured move taps the 0.5fib extension area. Should price break down, red arrow measured move points to potential DCA or SL range. Lowers still; red arrow taps the monthly blue CPR range. Yellow arrow (pole) measured move taps the 100% fib extension area. Will reduce position at the 618 and 786 fib ranges also. Bit scared of BTC right no6w, so who knows what ELGD and others will do, but let's see...
Long
by dimuthj
1
$EGLDLeading up to November 19th, EGLD’s price was around $300. However, last Friday, this changed drastically, and the token charted a new all-time high of around $492 today. One of the main reasons behind the price expansion might have been the $1.29 billion liquidity incentive program, which Elrond introduced on Friday. The initiative aims to “supercharge” the upcoming launch of the platform’s native decentralized exchange – Maiar. The DEX will use its utility and governance token – MEX – to transfer the funding. $282 million of the total amount will be distributed in the first month to those users of the trading venue who provide liquidity in EGLD, MEX, and USDC. EGLD is probably one of my biggest holdings. It had a clean break of its ascending triangle on the daily and continued strong. Price closed on a bearish shooting star which could confirm that’s it for a little while. We could expect price to pullback from being overbought before a continuation up. Overall. I’m long term bullish. Keep this on your watchlist. - Factor Four
ELong
by TheBlankFund
The Internet Scale Blockchain by Elrond(EGLDUSDT analysis)📉📈 ✅What Is Elrond (EGLD)✴️ ? Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost. coinmarketcap- elrond.com ------------------------------------------------------------------------------------------------------------------ 📉📈TECHNICAL ANALYSIS As you can see in the weekly time frame for EGLD/USDT, the price is trading around 241$ right now. With the fall of bitcoin in May2021 , it dropped to about $ 55, but the interesting fact is that it was able to recover very well and grow to around $ 300 with a staggering 600% growth. It has now fallen slightly below its local resistance around 250-260. In these complex market conditions for the crypto market and btc today , it is not clear whether it will grow now or not. If a strong weekly candlestick closes above the resistance, it may. But as the figure shows, it may need a little price correction and then start to grow. Now it can go down to the green boxes that act as support. The rest of the points are clear in the chart or in case of ambiguity, leave a comment at the bottom. -------------------------------------------------------------------------------------------------------------------- -(tips - 💥(Note that most of my analysis on the weekly timeframe basis is more for long-term investment rather than short-term trading.) 💥(Anyway, I highly recommend novice investors and traders to consider risk management and buying in a few steps) . -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your research. 💜 if you're a fan of my analyses give a big thumbs 👍 OR drop a comment 🗯💭 🙏with Best Regards
Long
by PRO_SMART_Trader