EGLDUSDT trade ideas
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 ($38.7).
EGLD in a potential pointIn weekly time frame there is a massive falling wedge pattern and finally the breakout has confirmed
we expect the price will raise to 64$ in next few days
Targets: 64$. 93$. 133$
Stop loss: 27$
Dont forget to support us with ur like and tell me in comments what do u think?
Good luck for all💙
EGLD... more bull trend coming if..after all market turned to positive side now price is forming
an inverted H&S signs for more uptrend coming in next days.
to form this bullish pattern it is important the dynamic blue area
on my chart can hold the price upward.
so if that condition satisfied us and price broke the neckline then
we can expect more gain. our main targets would be the resistant
levels on the chart.
Enjoy the market
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 accumulationI'm not bullish about the market right now. And I'm not gonna take a serious position because of this but i just thought it's interesting to watch.
This is a ~19 days of accumulation right now. It's not much but still looks interesting. This is just something I wanna watch and possibly learn something.
$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
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for EGLDUSDT
In the current chart, R2 used to be a support area and R1 is the resistance line that contains the unsuccessful attempts of price to rise at various points. And S1 is our support line at the bottom. Therefore, the price is fluctuating below R1 and by reaching the mentioned line, we will have two possibilities. Either a rising or a falling trend. If we have some rising signs at this point, then we should wait for an increase. Or even by receiving some confirmation candles for the purpose of a decline, more fall would take place for the price. If you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Shall we BUY this EGLD?!!!hello.
happy New Year.
This year is the year of cryptocurrencies. I fell in love with the EGLD chart. If we look at the MACD chart, we can see that it has created a divergence and the selling power has fallen sharply. If the beginning of the new year Bitcoin works well, it can be seen that the support of this range is 32 to 33. Our targets for the next one or two months are clear. But if he can't keep it, it will drop to the range of 20.
EGLD 27.50 must hold Bear Flag monthly target 12.00-19.50 Not financial advice.
Moving forward
27.50 must hold and would be my first entry
We lose 27.50 I'd spread a web of orders between 12-20.00 and hold for long term.
So we have 2 concerning issues with EGLD here.
First off you can see the head and shoulders monthly rejection that was a 83% difference from baseline to top of head.
Applying that -83% that gives us a target of 12.00.
The 2nd alarming pattern is the bear flag pattern which you can clearly see we are trading under currently
27.50 is the last line of support before we truly start just tanking into 12.00-20.00 range.
This is where I'd look for entries if 27.50 dose t hold up.
DYOR
#PIK
Patience is Key
#TLAW
Think Like a Whale
EGLD lost critical support of 200d trading range: Short set-upEGLD trading below 200d range. Resulting in bearish prospects until trading back above the support zone.
This leads targetting 1,6 extention of that range.
Aligns with untested monthly close of Sep20.
Forecasted potential scenario's.
38,5 would be an excellent entry.