EGLDUSDT trade ideas
EGLDUSDT | SELL ON BREAKEGLDUSDT has broken below the rising support.
The price is currently at horizontal support.
Where bears looks in complete control now.
The break below will give strength to bears.
Trade your levels accordingly.
EGLDUSDT Massive break above the 1D MA100.*** ***
For this particular analysis on Elrond we are using the EGLDUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where EGLD broke above the Falling Wedge pattern that it has been trading in for a little less than 2 months. The most important development however is that today it broke above its 1D MA100 (green trend-line) for the first time since August 14. If the price manages to close the 1D candle above it, it will be the first time to do so since April 19!
That would be on its own a massive bullish signal for the token as technically the next long-term target would be the 1D MA200 (orange trend-line), even though there are two Resistance levels involved (59.10 and 69.70) that shorter term traders can target.
Be careful however of the 1D RSI entering the Resistance Zone that has been holding throughout the whole year. A rejection there should make you consider taking profits earlier. On the positive side, the 1D MACD is on a strong Bullish Cross.
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egld/usdt amazing zone broken the tangle proper risk managed analysis risk reward is huge. so many updates are coming by egld community it may hit $60 in shirt term
#EGLD, Volume is showing some strong activity#EGLD
UCTS is signaling simultaneous buys on the /usdt and /BTC pairs.
Volume is showing some strong activity, which I hope continues.
~60$ as the 3months-range high
🤞⌛️
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for EGLDUSDT
Here we have R2 and R1 as the resistance areas that represent the unsuccessful triumphs of the price to rise. S1 is our 4-hour support line and S2 is another support area in which the support of price at different points is clear. Thus, we have the price fluctuating above R1 and our expectation would be a rise up to R2 and then by being rejected to R1, another increase is waiting for the price upward. If the price reaches R1 and is not supported, it faces a decline toward S2.
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
EGLD CAN MAKE A CORRECTIONI think we have a downward swing from the specified area in the form of scalping
EGLD - Will X Day Ignite a Bullrun? Not Financial Advice. I noticed that EGLD looks sorta similar to how Bitcoin looked when it was bottoming in 2018 - 2019 and it kind of aligns with the upcoming X Day event in 33 Days.
Website: xday.com
It seems like they may be announcing something big not exactly sure what it is about exactly but the video on the website looks interesting.
Typically with these type of events or updates whales like to front run the market and start pumping it up before the big announcement/update. That is exactly what happened with ETHs 2.0 update.
It had an initial drop and it had a slow grind downwards to retest the 0.236 Fib retracement level of the range.
As long as we maintain above that 0.236 Fib level I don't see why it shouldn't start an uptrend.
Recently XRP seems to have sparked its uptrend bringing some Altcoins with it like XLM and ALGO after it bounced off the 0.236 Fib retracement level in the range. XRP seems to be the market leader currently but it may be consolidating in this zone for awhile.
I guess we will see what the future holds but EGLD is one of the best Cryptos in terms of tech and if you are interested in the details here is a link for more info.
docs.elrond.com
Elrong EGLD Price Prediction 2022my Elrong EGLD Price Prediction 2022, i am long now, but if btc will fall than EGLD may fall to $20 area
Egld One to watch here as we are now breaking out of this falling wedge. We do want to see follow through over the next daily candle however holdinf above 48 is the first key sign A month ago howverr, BTC made a fallignwedge breakout, went sideways after the resitance break and dumped.. so our biggest thing we want to see is volume and momentum come in to show the market is agreeing with this idea. Longs are tough to grab up right now as the bears have been strong in all sectors
EGLDUSDTHello friends. In the daily time frame, we are witnessing a descending triangle, according to the volume, we can have a positive divergence, which will lead to the breaking of the upper side of the triangle and the increase of the price to the specified targets, which are also the upcoming resistances.
EGLDUSD ❕ rising bottomEGLD is planned to be integrated into the Opera browser.
Price is forming an ascending bottom.
The stock is testing the rising trend line RSI (4H TF)
I believe EGLD could start to rebound if price holds above resistance.
EGLDHELLO GUYS THIS MY IDEA 💡ABOUT EGLD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this short position..
and when the price come back to this area, strong sellers will be push up the market again..
DOWNTREND + Resistance from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Elrond EGLD Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
EGLD/USDT short
Entry Range: $47 - 49
Price Target 1: $42
Price Target 2: $39
Price Target 3: $30
Stop Loss: $56
EGLDUSDT | BUY ON BREAKOUTEGLDUSDT on daily time frame has been trading with in a falling wedge. The price has been trading near the upper boundary of wedge.
The bulls need to break above the wedge. The first target should be the 0.382 fib level and 100MA too.
The bulls are in control.
Trade your levels accordingly.
Tatgets on chartI will enter if we have a confined breakout only
Tradingview always says to write more but i just share my ideas and charts and that's it
Bye
Egld Falling wedge printing after a large down swing after loss of support. If we can close a 4 hour body above 49.60ish and maintain above falling wedge resistance we may see a pump upper range of 55-58$
EGLDUSDT ANALYSIS , 1DEGLD currency is in a downward channel
and after each time it hit the ceiling of the channel
we saw a sharp drop of this currency.
Elrond shortElrond is bouncing off the Fibonacci 0.618 retracement zone which is also in line with the resistance level. Bearish movement to support level at 46.5 is expected to happen.
EGLDUSDT | BULLS CAN MAKE A MOVEEGLDUSDT has been trading within a falling wedge . The price is making lower lows and lower highs. The price is currently trading at lower boundary of wedge . The bulls can shows positive momentum at support.
The bulls need to hold this support level . While bears will be active below break of support.
Trade your levels accordingly.
Egld/USDT Long📈N.B. My strategy is based on huge explosive profit or very little profit so without breakeven stop loss at the right time we will lose in very little profit so follow me if you want to know breakeven stop loss
Trading proposals post based on price action,
technical analysis, major intraday supports
and resistances, rejections, breakouts, chart
patterns and other factors.
How this analysis was done:
First I find usdt pairs using crypto screener then if all Three×3 in 1 indicators gives main entry confirmation at the same time I go with the analysis then I find Support and Resistance zones in 3x entry timeframe also using one of the three indicators for backing up my analysis and filter bad signals then I also make trendlines using two of the 3 indicators in 3x entry timeframe for filter out more bad signals then again using one of the 3in1 indicators I filter fake breakout in entry timeframe and in higher time frame and then if other minor conditions is confirmed the analysis is done.
Take profit:
Take profit is dynamic/trailing stop loss
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