EGLD possible scenariohello traders , if daily close below (56,53) next target can be 43 ,comment below your idea ... PEACE
EGLDUSDT trade ideas
EGLD: Critical LevelAlmost entirely dependent on the direction BTC takes over the next few days and weeks.
The recent network hack must also be considered.
Only time will tell.
Best time to go longI will not talk much but my indicators tell me to buy, use your own indicators and analysis tools to find out yourself
🔥 EGLD In Huge Support Area: Preparing For Bounce?EGLD has been one of the weaker alts in the last few weeks. Where most alts have been trading relatively stable, EGLD continues to sell off and make new lows.
Currently, we're at the same valuations as we were during the summer-21 bear market, giving away around 90% since the all-time high in November.
This area of support is the last area where the bulls can opt in for a reversal. With BTC trading sideways, we might see EGLD bounce in the near future. Wait for confirmation of the bounce, since you don't want to catch a falling knife.
A $100 target seems reasonable, as long as BTC doesn't work against us.
EGLD bullish divergence in the regression channelEGLD 4hr has been in a bit of trouble lately with the Mair Dex bugs and closing for maintenance etc. twitter.com but all is finished and safu by the looks of that tweet If this Bullish divergence plays out we could see EGLD pamp like for real from here after an almost 90% death spiral from ATH over the last 7 months taking MEX token down with it
EGLDUSDT on the way to 100$ in a few weeksEGLD is on a major support level and expecting a price bounce till the mentioned resistance level . A green candle in weekly chart will confirm it.Also it is testing the trendline for the third time.Everytime price touch the trendline,it bounced.
EGLD BULL - DIAMOND REVERSALBullish on this diamond reversal pattern, diamonds have been hitting lately. Best of luck NFA
EGLD at Weekly supportAnother short analysis.
EGLD is currently consolidating at monthly/weekly support that has been tapped 3 times previously. All 3 times it has bounced from this region (60-70 dollar region.
Multiple Bullish divergences on the 4H.
A long from here with invalidation below 60 dollars. Aiming for the supply zone that starts at $72
Targets:
- 69
- 72
- 76
EGLD/USDT - elrond accumulation zone EGLD/USDT
On the graph we can see the accumulation of the token
The lower limit of the channel is within 50$ per token
I think there will be some squiz to 40-45$
Thank you for attention
NFA
1.65 million EGLD hack. $113 million Elrond eGold stolen!The decentralized exchange Maiar, native to the Elrond blockchain, has been temporarily taken offline after an attacker deployed a smart contract that allowed him to withdraw over 1.65 million EGLD.
The attacker sold around 800,000 EGLD, worth around $54 million.
The price of EGLD on Maiar went from $76 to around $5.
After this first critical bug issue on Maiar, my buy area for EGLD is $26.
EGLD at Crucial SupportEGLD is fighting a crucial support at $65.
Relatively high volume (till the time of writing clearly high selling pressure). It remains to see todays close.
If this support breaks we may see a 18% dump.
Most important resistance zone to watch - during the relief rally - is around $85.
Elrond 6.6.21 Looking weak against the overall market. cracking support levels. if it even gets there idk might be an ok market buy as well. possible short entries to layer in to. keep tight sl. will only be invalidated if it cracks and holds a previous high locally. fundamentally. oof
EGLDUSDT SWING LONGgoing long here, clear deviation below range low, retested, if btc behaves i think this should start moving up soon
Elrond EGLD short Entry Range, Take Profits and Stop LossEGLD/USDT short
Entry Range: $71 - 83
Price Target 1: $65
Price Target 2: $53
Price Target 3: $32
Stop Loss: $91
🚩EGLD: falling wedge breakout! Wait for confirmation!EGLD price made a bullish wedge after a false breakout. As we know, the crypto market has its own specifics of patterns. Often it happens with manipulations, collecting of stop losses, false breakdowns, etc.
In this case, the manipulation was the first time when the wedge was broken out, when the candle collect liquidity above the wedge and returned to it. The price fell by 8-9%, almost the same as the entire crypto market. It`s not to much and show the bulls power. By volume, we see that this altcoin has been bought 3 times at the bottom. This indicates a big player who is accumulating a position.
Locally, we might see a breakout of the bullish wedge. If the volumes grow on price pullbacks, it will confirm our bullish scenario.
Targets can be identified by the horizontal volumes indicator. It`s the largest value areas, where the most of traders will close their position:
$90-93
$107-110
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Approaching the support rangeHello. As you approach the support range, you can take a long position according to the candlesticks
Green zone is a strong support for EGLD
EGLD LONG (Short term)Previous strong resistance which most probably means pretty strong support zone
Bearish price losing momentum
Falling wedge pattern
NFA
ELGD LONG Great Opportunity to go long for ELGD (short term)
Price action losing bearish momentum
Predicted divergence in RSI (Not confirmed yet)
Great R/R ratio
NFA
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EGLD - LONG setupBy using price action and applying three tap setup, current price should bounce to $87 level minimum. Will wait a good candle area for best entry and following the plan.
egld | elliottwave price targets |Hey ! This is my ellrond price chart using elliottwave , as you see in chart we are in a wave 4 wich will take us to a minimum price of 103 $ and maximum 118$ .
