EGLDUSD ❕ reboundEGLD broke upwards through 50EMA (1H TF)
TD Sequential formed an upward reversal signal (30m TF)
50EMA broke up through 200EMA (30m TF)
I believe that the asset will continue to rise after overcoming the resistance level.
EGLDUSDT trade ideas
EGLD/USDT Potential Upside? 👀 🚀 EGLD Today Analysis💎Paradisers, turn your attention to EGLDUSDT! We've observed it making a notable shift, retesting crucial support and gearing up for a bullish ascent. The break from its descending channel further amplifies this bullish sentiment.
💎 Currently, MultiversX is navigating within a descending channel, teetering on the edge of a breakout. When we align this with the medium time frame (MTF), it showcases impressive momentum. Given this, we're confident that in the short time frame (LTF), it's poised to approach our anticipated resistance level soon.
💎 Another intriguing observation: should the price of EGLD breach the support zone, we anticipate a downward trajectory. In such a scenario, it's crucial to strategize our entry points wisely.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
EGLD/USDT SCALPHi. I hope you have a good time.This analysis is a personal opinion. Please weigh in with your own review.
R/R:+4.5
If you like this analysis, please don't forget to like and follow.
EGLDUSDThey traders
as u can see prie break down the fib ext at 52 $
also we can see potential Swap area at 46.68
so we can expect EGLD Dump 55% to the Ywllow Dynamic lvl, wich is trend confirmation, after that, need confirmation
sure, there will b an update if we get there
$EGLD Bullish falling wedge -> $38CRYPTOCAP:EGLD displays a massive bullish falling wedge.
Breakout has already occurred
Currently retesting wedge, if successful then $38 can be expected as the Fibonacci corrective impulse .
EGLD LONGEGLD has successfully completed a retracement to the downside after breaking its previous price structure. I am now anticipating the price to reach the order block, which could signal a potential upward movement.
ENTRY = 25.45
TAKE PROFIT = 27.89
STOP LOSS = 24.91
EGLD WOLFE Wolfe formation active. The targets are shown on the chart. It is not a certainty and is only an expectation. It is recommended that you research the source.
Keep an eye on the #EGLD /USDT Diagonal Trendline in Daily TF!Keep an eye on the #EGLD /USDT Diagonal Trendline in Daily TF!
CRYPTOCAP:EGLD is looking bullish, if it breaks PWH $26.7. Wait for breakdown/retest to open a short.
EGLDUSDT Sell LimitWe have strong OrderBlock here, 25.18 level is price where we can put sell limit order... SL 26.35
EGLD buy at 28 sell at 40 then rebuy at 19.50 Bear Flag PatternNot financial advice.
Classic Bear flag on weekly also on monthly and a Head and shoulders rejection on monthly charts as well.
Life trendline of EGLD is 27-28 range.
This would be my entry and look to resell right under the bear flag pendant at around 38-41.00 range
Completion of the bear flag would be a target of 19.32
DYOR
#PIK
Patience is Key
#TLAW
Think Like A Whale
EGLD: Bearish Patterns Signal Caution, DCA Opportunities AheadBearish pennant or descending triangle:
Equal % drop to materialize.
See blue range between
20.5–19 for potential bottom.
40 dollars is resistance.
Losing 35 area hurt EGLD really bad.
Good DCA range though.
EGLDUSDT LONG OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
$EGLD Looks Good for me Get to Know the Divergence Pattern, Here's the Explanation!
Types of Divergence
There are two types of divergence, namely Regular Divergence and Hidden Divergence. The following is an explanation for both types.
First, there are regular divergences which are signs to indicate a trend reversal.
There are two regular divergences, namely regular bearish divergence and regular bullish divergence.
Regular Bullish will occur if the chart price is in a lower low position and the indicator is in a higher low position.
This sign is an indication that a trend reversal or reversal, from a downtrend to an uptrend, namely bullish.
EGLD/USDT upward momentum? 👀 Elrond Today Analysis
Paradisers, turn your attention to EGDLUSDT! Currently nestled within a demand zone, it's gearing u p for a bullish ascent, even amidst market volatility.👀
💎EGLD has established equal lows, secured liquidity, and addressed the bullish OB at its current level. This sets the stage for a potential explosive move upwards.
💎 Another intriguing observation: while the price trends downward, the RSI showcases a bullish divergence. This hints at a probable upward shift of Elrond in the near future.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
EGLD bull(ish) chart August 2023Hi guys,
Looks like #egld is finding suport at the 25-28$ area. I'm expecting a bounce towards the 60$ resistance soon. If we manage to flip it into support the road to 125-130$ is unobstructed.
RSI went oversold on the w, should go to overbought next.
Fib retraceement level 0.382 sits in the 125-130$ area.
Be safe, happy hunting !
EGLD Technical AnalysisEGLD Technical Analysis
Egld moving in falling wegde pattern, and yesterday egld has already tested the lowes low,
CRYPTOCAP:EGLD can show a good price action relay if it can break out this fallig pattern, my expectation from egld is it will close above 60$ at the of the year.
you might not see it again in the price range of 20$, the best buying is 23$-25$
you can mark sl at 20$, im not mentioning about the targets right now i'll tell targets if it gets breakout.
I hope the Scenario i have plan will work this time.
Do your own research.
EGLD Entering Buy Zone AreElrond is one of the best project with fundamental out there, but here are our conclusion for the next few weeks:
CRYPTOCAP:EGLD - $29.13 / 1W TF
- Clearly still on the distribution
- RSI indicate it may still going further down
- Level for buy spot for the first time
- Expecting it goes to go sub $20
- Ecosystem is developing and so far the track record is great.
- Rebranding is kinda ⛳️
- Distribution has been happening for years now, and it close to the bottom until ETF approved. There will be no individual uptrend on this one…
EGLD GOING TO PUMPBIG PUMP COMMING, THE EGLD IS ON FALLING WAGDE A BIG DIVERGENCE
Big pump comming, the egld is on a fallwing wedge and big divergence
#EGLD/USDT 12h (ByBit) Rising wedge breakdownMultiversX just lost 50MA support and seems likely to continue with the local retracement down.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.5X)
Amount: 5.0%
Current Price:
34.15
Entry Targets:
1) 35.35
Take-Profit Targets:
1) 30.25
Stop Targets:
1) 37.90
Published By: @Zblaba
CRYPTOCAP:EGLD #EGLDUSDT #MultiversX #Elrond #eGold
Risk/Reward= 1:2
Expected Profit= +79.3%
Possible Loss= -39.7%
Estimated Gaintime= 2-3 weeks
multiversx.com
EGLD Technical Analysis#egld long entry for Future and spot.
Long/buy CRYPTOCAP:EGLD 29.3-30.3$
tp1: 32.5$
tp2: 34$
stoploss: 27$
i'll provide more updates over this trade as wit will hit our entry price.
you guys can book your shiba inu trade, i have already mentioned when it hit first tp that i am holding it for quite long term.
Support and Resistance ScenariosOver the past month, EGLD's price has been on a decline. During this time, there was no significant demand seen at the midline support of the channel or the static support level at $33. Interestingly, this $33 range that previously acted as support has now turned into a resistance level. After the currency experienced a rising wave, it encountered resistance at $37 and has now retraced back to the previous support levels.
Based on the current conditions of the currency and the overall market, analysts have outlined two possible scenarios. The first scenario is that EGLD finds support in the current price range around $31 and experiences a strong positive reaction that drives the price upward to the resistance level of $39. The second scenario anticipates a continuation of selling pressure, leading to the breakdown of the two support levels at $31 and $28, which could result in a further drop to around $25.5.
In the latter scenario, analysts expect to see a strong reaction once again, similar to the previous support at $28.5, when the price reaches the $25.5 range.
EGLD in the buy zone!!!EGLD is in the global buy zone 55.89-26.85
Local buy zone 37.08-21.06
Buy zone 32.76-25.84
Buy Level 29.10
A bucket of $23 (maybe backache)!
Volume price was 7.78
The one who has accumulated volume at this price is still holding it!!!
It follows that the price should be pushed well above the previous high!!!
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.
