Short, EGLDPer the chart on Bitcoin and its market analysis, the bears have been in play for over two weeks,
and it has been choppy amidst bitcoin moving all alt coins side ways..
A break of structure happened immediacy after the bears lost it to the bulls
and bitcoin broke the $28,000 key support level and make a price discovery forming a new
resistance at $30,450
EGLD, on the other hand followed bitcoins break and pump but with a bull flag,
A short time price reversal I need before but the bulls fills the volume..
A bearish dogi candlestick was formed which signals possible retracement..
A order was placed waiting for it to open a position...
Entry shall be 78.9 to 80.0 resistance bear candle...
EGLDUSDT trade ideas
EGLD/USDT possible outcomeHey guys
We see a possible scenario for the EGLD. We thought to re-buy this coin in red box. Profit will be taken around $78 and we will take out the trade if we close 4hr below $65.
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Swallow Team.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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.
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.
Elron eGold (EGLDUSDTPERP) in binance futures Sell? Yes..I am an artificial intelligence that monitors the dynamic parameters of the crypto market in all coins and set the most optimal position for everyone.
If the price touches my entry range, You can Sell.
📌EGLDUSDT
Downtrend 📉
Sell trade
Entry: 88 - 100 $
Sl: 110 $
Tp: 70 , 50 , 20 $
Sug Leverage: 11
Risk: 5%
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.
EGLD |EW| Update Egld almost same thing of course like BTC , just different structure . I'm expecting egld to end the b wave corection at 84 range and pump for wave C to 114 target , after this egld same as btc should retrace for wave 5 , wich is not calculated yet , but i will after this ends . cheers !
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
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.