EGLD LONG IDEAas you see in chart rsi and cvd spot graphics has positive mismatch. Also open interests and long/short ratio has been rising for 15 days. after this point i expect rise in egld/usdt price.
Egldusdtlong
EGLD And the Promising RewardHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 570 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target.
EGLD/USDT - MultiversX: Failure_Swing◳◱ We've detected a Failure Swing pattern on the TSXV:EGLD / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 38.03 | 41.13 | 48.55 and the major support zones are respectively at 30.61 | 26.29 | 18.87. It is a bullish indication and we may consider buying at the current price zone of 33.13 and targetting higher levels.
◰◲ General info :
▣ Name: MultiversX
▣ Rank: 53
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Elrond is a blockchain designed for high throughput and relatively fast execution speed compared to other smart contract platforms. It features Adaptive State Sharding as its scaling solution and a Proof-of-Stake (PoS) variation called Secure PoS to secure the network. Elrond also contains a WebAssembly-based virtual machine that can support the creation and execution of decentralized applications (dApps).
◰◲ Technical Metrics :
▣ Mrkt Price: 33.13 ₮
▣ 24HVol: 2,632,355.797 ₮
▣ 24H Chng: -2.415%
▣ 7-Days Chng: 1.58%
▣ 1-Month Chng: -10.25%
▣ 3-Months Chng: -21.64%
◲◰ Pivot Points - Levels :
◥ Resistance: 38.03 | 41.13 | 48.55
◢ Support: 30.61 | 26.29 | 18.87
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -1.06
▣ Last 90D: -1.45
▣ Last 1-Y: -0.40
▣ Last 3-Y: 0.82
◲◰ Volatility :
▣ Last 30D: 0.64
▣ Last 90D: 0.53
▣ Last 1-Y: 0.68
▣ Last 3-Y: 1.18
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.54 - Bullish
▣ Reddit sentiment score is 0.83 - V. Bullish
▣ In-depth EGLDUSDT 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!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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EGLDUSDT Elliott Waves Analysis (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 52 and 60
after first target reached move ur stop to breakeven
Stop: under 40 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
EGLD/USDT: Potential Breakout and Bullish Move
EGLD/USDT has been showing signs of a potential breakout on the chart. Based on technical analysis, there is a possibility of a bullish move ranging from 150-250% in the mid-term.
Investors should closely monitor the support and resistance levels for confirmation of the breakout. Additionally, it is important to pay attention to the trading volume to gauge market sentiment. To manage risk, stop-loss orders can be set below the support level.
Overall, if the breakout occurs, EGLD/USDT could provide a profitable opportunity for investors.
EGLD longEGLD broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 51.15 is possible.
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
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
EGLD: SHOWS INCREASE VIEWEGLD: SHOWS INCREASE VIEW, on this reason we follow this coin for day trading.
#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 - 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.
EGLDUSDTThe guard price has taken an upward trend, if it can close the candle above the 4-hour candle, a buy position can be taken with the loss limit below the 4-hour candle.
It is lagging behind the market and has a good volume
EGLD is looking to breakout EGLD is looking to breakout if supported by BTC, As gaps getting filled and alt season moving, EGLD might look to move after some liquidity grab.
#EGLDUSDT Sideways Channel ($50-65)Trade setup: Trading in a Sideways Channel ($50-65). Price bounced off of $50 support zone with big volume, reaffirming the relevance of that support area for buyers. Now price is approaching the channel resistance trendline ~ $65. Swing trader: trade the channel (Enter near $50 support and Exit near $65 resistance). (set a price alert).
Pattern: Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend: Neutral on Short-Term basis, Uptrend on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance: Nearest Support Zone is $50, then $40. The nearest Resistance Zone is $65, then $100.
EGLD / USDT Price Prediction and technical analysisAre any EGLD fans here?
Elrond is supposed to brake the bullish ascending triangle in 4hr chart. Did you notice that?
you can enter and can put stop loss below support line.
Don't forget to comment and look at my Trust wallet analysis also.
Follow me to More..
EGLD/USDT - LONG SCALPING⚡️⚡️ EGLD/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (10.0X)
Entry Orders:
1) 61.84 - 100.0% (1494.996 USDT)
Take-Profit Orders:
1) 62.47 - 35.0%
2) 62.98 - 30.0%
3) 63.5 - 20.0%
4) 63.82 - 10.0%
5) 64.65 - 4.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (2)
Egld ANALYSIS#EGLD DAILY UPDATE.
#EGLD is currently trading in ascending trianglw with red line as the support & break below to the red line would lead into dump as we have already seen many rejections from the blue box area on daily.
EGLD to 2x ELGS or Maiar product is one of the crypto which had an exceptional run in the previous crypto bull cycle.
It topped in Nov 2021 and since then its been just in a downtrend however just now the BOLLINGER BANDS tell us that a strong SQUEEZE is incoming!!
My bet is long considering the long terms support trendline is holding the price so far.
TP: $120-$140
EGLD Elrond LONG TRADE 20221017Structure Breakout and AB-CD
EGLDUSD, Elrond, EGLD, EGLDUSDTP, EGLDUSDT, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
EGLD/USDTegld/usdt
According to their our analyze, EGLD price can reach a range of $75 – $80 by the end of 2022.
his first target 66.10$
the seconde 79.05$
stay tuned for more #EGLD/USDT update
EGLD analysisHello dear traders and my subscribers 👥, please if you like ideas do not forget to support it with your boost 🚀 , thank you so much and we will start
EGLD is now retesting the $54.15-$55 area. If the price break below $54 then we see a downward move toward the local support of the $51-$51.40 area. The major support is $45.30-$46.80 area. The next resistance is the $58.70-$59.80 area. Use tight stop loss if you planning to open a long position here.
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (51.34).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 56.83
TP2= @ 59.33
TP3= @ 62.51
TP4= @ 66.09
TP5= @ 69.42
SL= Break below S2
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