EGLDUST trade ideas
EGLD / USDT hello guys this is my idea about EGLD /USDT
I thing that sellers from this area will be defend this short position..
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + previous support become resistance + Strong volume area is my mainly reason for this short trade....
Thanks
Rebeng
Where could EGLD be heading to?BINANCE:EGLDUSDT
R1: 61-67
S1: 31-38
S2: 21-28
EGLD is currently heading towards R1.
If fail to break R1, it would most likely test S1 or even go lower to S2.
Entry Ideas
(LONG)
- Buy Market
- Buy Limit 1 @ 31-38
- Buy Limit 2 @ 21-28
(SHORT)
- Sell Market
- Sell Limit @ 61-67
EGLD/USDT possible outcome Hey guys
We see a possible scenario for the EGLD . we are setting our buys at the moment and we see a great ladder breakout opportunity. Profit will be taken around $75-$80 and we will take out the trade if we close 4hr below $37.
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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.
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EGLD, waiting for bounce off. a member request for my analysis, here it is.
Near waiting for its bounce from a correction with the
last resistance blue line 43.6.
if it doesnt break possible for high take, but it wants to
continue bearish, another wait for blue line to breaks
to reach another last blueline.
EGLD/USDTEGLD/ Usdt is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the buyers from this area will be defend this long position...
and when the price come back to this area, strong Buyers will be push Up the market again...
Uptrend + Support from the past + Strong volume area is my mainly reason for this Long trade....
Happy trading
Rebeng
🔥 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
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
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.