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EGLD / UST

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EGLDUST trade ideas

EGLD long term scenarioWe have strong buy SIGNAL on 1W TF. Also, I've marked some fibo levels, and the TF for what I belive is to come. RSI is also out from this selling channel. We have to say that MultiversX has a looot of amazing fundamentals. They are going to launch a product once on two weeks from now till may 2023. Also, they have one of the most serious teams in cryptoworld. Great TECh, super fast chain, amazing comunity! I'm all in EGLD and MultiversX. This is not a financial advise! It's jus my opinion. Cheers GUYS!
Long
by Bogdan_TOMOIAGA
EGLDUSDT Impulsive PA| POC Resistance| Weekly S/R| Trend Evening Traders, Today’s analysis – EGLDUSD – trading towards an area f resistance where a rejection is plausible, Points to consider, - Price action corrective - POC Resistance - .786 Fibonacci Resistance - Weekly S/R Resistance EGLDUSD’s immediate price action is trading towards an area where there is technical confluence with the .786, POC, and two HTF levels, allowing fr a bearish bias. The immediate objective will be the lower Int-Daily S/R, testing this region will create a local trading range. Overall, in my opinion, EGLDUSDT is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “This lack of support is not simply an absence of encouragement. It can be as deep as the outright denial of some particular way in which we want to express ourselves.” ― Mark Douglas
Short
by The_Alchemist_Trader_
2
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for EGLDUSDT In the current chart, R2 used to be a support area and R1 is the resistance line that contains the unsuccessful attempts of price to rise at various points. And S1 is our support line at the bottom. Therefore, the price is fluctuating below R1 and by reaching the mentioned line, we will have two possibilities. Either a rising or a falling trend. If we have some rising signs at this point, then we should wait for an increase. Or even by receiving some confirmation candles for the purpose of a decline, more fall would take place for the price. If you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time. 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