EGLDUST trade ideas
#EGLD/USDT#EGLD
Our price is moving in a bearish channel on the 12-hour frame and has just crossed it to the upside perfectly.
We have a bounce from the lower border of the channel from the green support area at 27.00
We have a tendency to stabilize above the Moving Average 100
Entry price is 27.00
First goal 34.24
The second goal is 40.00
Third goal 46.27
EGLD/USDT 4H AnalysisWe’re currently at a strong resistance zone (red) where the price has been rejected multiple times in the past. After another rejection at this level, it’s clear this area remains a key hurdle for bulls.
✅ What needs to happen:
A breakout above this resistance zone is crucial for the price to rally further.
Watch for confirmation with increased volume and strong bullish momentum after the breakout.
🚨 Plan:
Until the resistance is broken, the upside remains limited. Stay cautious and wait for confirmation before entering any long trades.
What’s your take? Let’s discuss below! 🚀
MultiverseX, EGLD, deep retrace sets up 53x Algo targetI seen a lot of this during the last cycle, deep retrace to 0.707... it was as if the big players had worked out that we were entering at golden pocket, so they shake us out by running it lower to the 0.707. To counter that I started entering on the .707 but they even started running through that before rebounding. fun and games 😂
While this is weaker than a few of the others I've posted I wouldn't count it out. last all time high was $475 for a mc of 10b. the algo target is $1582 giving a mc of 43b... yet another one that seems a bit extreme. again, not impossible, just extreme.
I've never looked into EGLD, is it something I should own?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $22.5 or a 0.618 retrace of this impulse wave (if we get one)
Ape Entry: $29
Stop: $20.80
Resistance: $131 - order block + $157 bear golden pocket.
Target: $1582
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Egldusdt approaches good accumulation zoneEGLDUSDT is approaching a strong demand zone that has consistently triggered significant price reactions upon previous tests. We anticipate a potential bounce from this area, making it suitable for accumulation. Target levels are marked on the chart, with a stop loss in place to mitigate risk.
ELROND - Bullish pattern with big possibilities !Elrond is a layer 1 that has seen great success during the 2021 bullrun. Since then, price has now fully retraced the price surge of 2021.
Since Juli 2022 price has slowed down its decline and created a range. Price has never fully broken out from that range, but has seen a surge in price in October 2023. This creates the possibility for a big W-pattern to be formed as seen on screenshot 1. Price has also been inside a downward parallel channel (bullish) since April 2024 favouring a push up. This still won’t tell us if price will form a big M-pattern at the 0.618, 0.786 or 0.886 Fib at 56.5$, 66$ and 71.5$ respectively or if price will break the local top at 78$ and create the aforementioned big W-pattern with the resulting target at 112$ that also exactly coincides with the lows of the previous range.
What it does tell me is that we are now sitting at interesting prices for either outcome. Even if we get the most dissapointing wave up possible, we will most likely be able to sell our tokens in profit.
A sure win ! But let’s keep in mind that this is the cryptocurrency market and a breakdown from BTC or the traditional markets could hinder all of our chances for a profit in a matter of hours !
Elrond - On the daily timeframe price has been holding the big Hammer candle from the 5th of August. Price has also been following a downward parallel channel that tipically has a bullish bias. Price has also been able to hold the central trendline of the parallel channel and as long as price remains above it, there is a bias for price to hit the upper trendline.
If price is able to break above and retest the downwards parallel channel, price movement could quickly accelerate higher. The almost assured targets would be the 0.618, 0.786 or 0.886 Fibs, meaning a topping pattern between 56-72$.
Altough, if price is able to get above the local top at 78$, it would open the possibilities for a big W-pattern breakout with a first 1.618 Fib target at 112$. A good return on investment from where we are sitting at right now.
Total3 - Total3 (crypto market cap excluding BTC and ETH) is moving in a downward parallel channel (bullish), similar to BTC. We're still trading between the 21 and 50 daily moving averages after bouncing from the latter. If the price can remain above upper trendline of the downward parallel channel and the 50-day moving average, there is still a chance for a big surge in altcoins. a break and confirmation back into the parallel channel would be very detrimental for the altcoin market.
The last step before the market cap can accelerate is for it to break 650B$ mcap. This could bring the funds that Elrond and other altcoins need to start pushing up and breaking resistances.
I wish you all a nice end of the weekend and good luck trading !
ZEDDIT
EGLD Break down the support CRYPTOCAP:EGLD has breakdown down the support and i'm already on short in Egld, if somebody want to take risk they can enter at this point, it has got rejected from the resistance during the retest it could fall to below 20$ soon. dont forget to mark stoploss and tps.
Manage your trade accordingly, i hope you'll make profit and enjoy life.
EGLD - Time to buy again!EGLD is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
NOTHING !!EGLD is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
EGLD bullish falling wedge and triple bottom formation.CRYPTOCAP:EGLD i mentioned in my previous analysis of #egld that egld will be bullish soon, egld was moving in falling wedge chart pattern and now it has made another bullish indication "Triple Bottom" this bullish indication will lead EGLD to above 40$ soon.
EGLD - Time to buy again!EGLD is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
EGLD will breakout soonCRYPTOCAP:EGLD offering best price to fill your spot bag, EGLD is moving in bullish chart pattern falling wedge and its looking it has completed its cycle and now it is making its move for breakout from this trend.
Buy signal EGLD/usdt
entry 24.5-26$
for spot holder targets are above 40$ and the highest target as per t.a is 55-57$
Future traders can book there accordingly
stoploss 22$
EGLD Outlook after the Dip. What to expect NOW ?BINANCE:EGLDUSDT
EGLDUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
According to Elliott's theory, the double combo waves have ended and it means that the price can increase.
Also a bullish Divergence (RD+) on MACD which shows Positive Signs for EGLD.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
EGLDUSDT Mid term Road MapBINANCE:EGLDUSDT
EGLD is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!