Get started

EGLD / UST

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

EGLDUST trade ideas

EGLDUSDT - Accumulation $EGLD against USDT is currently in an accumulation phase of 8 months and has printed a descending channel. It is currently in the middle of this channel. If we draw a Fibonacci Retracement from the Swing Low ($32) to the Swing High ($54.2), analyzing the period being 2023, we are around $38-39, which is at the 61.8% level. We are preparing a buy order at this level, and we are also considering a DCA of around $34-35. In the event that the swing low of $32 is lost, we will wait for the validation of a new swing low and the closing of a candle above the MA21 on a 1-day timeframe. We anticipate a target towards the MA233 zone ($47), and once this descending channel is broken, we will set our take profit towards $65-75. Typically, this type of accumulation requires great patience and discipline
Long
by CriptoPedia
EGLDUSDT Elliott Waves Analysis (Local Setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 52 and 60 after first target reached move ur stop to breakeven Stop: under 40 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
11
EGLD/USDT: Potential Breakout and Bullish Move EGLD/USDT has been showing signs of a potential breakout on the chart. Based on technical analysis, there is a possibility of a bullish move ranging from 150-250% in the mid-term. Investors should closely monitor the support and resistance levels for confirmation of the breakout. Additionally, it is important to pay attention to the trading volume to gauge market sentiment. To manage risk, stop-loss orders can be set below the support level. Overall, if the breakout occurs, EGLD/USDT could provide a profitable opportunity for investors.
Long
by Crypto-By-Ghazi
EGLD (MultiversX) - accumulationIt seems that EGLD has formed a quite strong descending range trend on the monthly timeframe, so it is maintaining a downward movement. Currently, the price is supported upward by a range trend on the weekly this time. However, I have identified some potential zones for the long term (at least 6 months, preferably a minimum of 1 year, or until targets are reached). A first opportunity (which can be taken as a short-term position) would be the daily support at $38.4, and the moment when this support is reached is important, preferably together with the weekly trend - as a short-term position. The weekly support at $34.54 looks very good and can support the movement. The one at $29.8 could represent a good zone, but we should keep in mind that it has been tested. The best accumulation zone from my point of view is this monthly support at approximately $11. As zones where profits can be "locked," I have identified: The daily resistance at $44.27 represents a quite important piece in the shorter term or the monthly descending range trend. The weekly resistance at $56.7 looks good enough. A really good and important target, that high at $64. And for the more patient ones - the daily resistance at $ 132 and the 3-month one at $205. It is easy to do DCA (just spot) at each support level, but the capital allocation will be different. Likewise, for collecting profit, a little bit at each target. I will follow these zones with interest, I am not exposing them just for the sake of exposure. What I presented is not investment advice, just a personal view. Each person is responsible for their own decisions, don't put all your eggs in one basket, and don't invest more than you can afford!
Long
by Tonic_A
EGLD: Time to show strengthHello Traders! Welcome back to another trade with analyst Aadil1000x. Today is a big opportunity for traders looking for a big move. The market is ready to fly and EGLD is one of the pairs which will show a big move. On average Pairs will boost 120 to 140% so if we compare to the average this is a golden pair to hold. There is a big Head and shoulder pair and it is ready to fly. You always heard of shorting the Head and shoulder pattern, which never works. Try the A1000x way and see the power. The EGLD will retest the broken trendline and there will be some extra jump after entering back into the trendline. This move will break 250$ price. Don't forget to hit the like button and follow to stay connected.
Long
by Aadil1000x
EGLD/USDT Technical Analysis Update ( Bearish Flag )Title: EGLD/USDT Technical Analysis: Bearish Trend Continues, $29 Target Expected Introduction: In this technical analysis, we will be discussing the current price action of EGLD/USDT and its potential future movement. Please note that this analysis is for educational purposes only and should not be considered as financial advice. It is always recommended to conduct your own research before investing in any coin. Current Price Action: EGLD is currently trading at $40, which is 9% down from the last entry. The coin has been facing a bearish trend and is currently down by 92% from its all-time high of $545. The recent low was at $32. Technical Analysis: Based on chart analysis, the bearish trend is likely to continue, and we can expect the price to reach a target of $29. However, if the price manages to break out above the $52 level and sustain above it, the bearish sentiment will end. In such a scenario, the upside target will be $100 to $125 after the breakout. Conclusion: It is essential to have a safe trading zone and be prepared with your positions. Never gamble with your hard-earned money and always conduct your own research before investing in any coins. Remember that this analysis is for educational purposes only and should not be considered as financial advice. Takeaways: EGLD is currently facing a bearish trend and is down 92% from its all-time high. Based on chart analysis, we can expect the price to reach a target of $29. The bearish trend will only end if the price breaks out above the $52 level and sustains above it. Always trade with a safe zone and conduct your own research before investing in any coins. Disclaimer: This content is for informational purposes only, and it should not be considered as financial advice. The information provided in this article is based on the author's personal opinion and analysis. Please conduct your own research before investing in any cryptocurrency.
Short
by CryptoPatel