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EGLD / TetherUS

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EGLDUSDT trade ideas

EGLD - Bottom found?These are only my own personal opinions and speculative targets. From this chart the area with massive confluence is between $56-74. A very key level based on past price action is $65. We are also at oversold levels on the weekly timeframe and have green volume on the CM. This is where I would expect us to find a massive relief rally back to the upside. I have also added FIB levels of where to look for price targets to the upside. This is meant for a more long-term spot accumulation level rather than contract position range. Great for spot accumulation but may be dangerous with contracts in these market conditions.
Long
by VIAQUANT
2
EGLD/USDTEGLD price chart is currently seating on top of the support area from May - Jul of 2021while RSI is also at the oversold territory. I am hoping for a trend reversal which might bring its price to the previous resistance at $100. On the other hand, the downtrend continues might continue as the Fear and Greed Index of the crypto market is very low at 13 which is Extreme Fear. In this case, we might be able to see the price of EGLD at $55 level. Disclaimer: 1. My analysis is only based on my opinion and not a financial advise. 2. I am holding EGLD as part of my portfolio.
by JovCacas
EGLD/USD latest updateA correction of a smaller degree is about to end in EGLD/USD once the ascending triangle ends, forming the wave E on the downside. We should see an upside soon after. I believe that, on a bigger degree, we have a bigger impulsive Wave 1 forming on the upside, after which a correction inevitably will follow. This analysis does not represent professional and/or financial advice. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information.
by YExplore
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for EGLDUSDT We predicted in our last analysis on May 3 that the price would have more decline. At that time, the price was fluctuating about $120 and we expected more fall for it. Now you can observe that our expectation came true and the price has reached the amount of $75. Here we believe there will be no more fall for the price and it moves to the first resistance line and it has more rise. In case the support is lost for the price, then we should consider a short position for it. 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
by MarsSignals
EGLD/USD Waiting for price confirmationEGLD/USD EWT count - 16 MAY 2022 It looks like a correction might have ended, after over 6 months of downfall of EGOLD. The expected price of $ 72.26 has been touched. If the price touches the mark of $140.94, we may consider an uptrend of this. If the price keeps heading down, it means that we are still into the "red territory" and an impulse on the downside may form. Conclusion for now: Wait for confirmation of BUY or SELL signals This analysis does not represent professional and/or financial advice. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information.
by YExplore