EGLDUST trade ideas
EGLDUSDT 1D#EGLD is facing with falling wedge resistance line. It must clear the $53.89 line. $59.32 level is heavy resistance IMO. After that it can fly to the moon. So, short term target is $59.32
Mid-term targets are $67.46 $74.04 and $80.62
Long-term targets are $89.98 $101.91 and $136.36
Support zone is $45.02 ~ $46.17
EGLD Long RR:4.6Accumulation for two years from Jan. 2022 in the 38.12-69.64 channel with deviation down, then exit down into the 22.49-38 channel. 12 followed by a return, with a deviation upwards. At the moment the price has gone under the middle line and is in the channel of a pair of hourly levels 46.23-49.41
We are watching for the breakdown of the hourly channel up 49.41 and the daily channel up 51.63.
Trading idea. RR 4.6
Medium term. Long.
Entry with two orders in Long.
Stop behind the hourly level 46.19.
Takeout under the daily level 67.40.
EP 49.08
AP 46.87 (additional EP)
SL 45.65
TP 66.42
EGLD/USDT Primed for Bullish Turnaround from Key Support? 👀🚀💎 Paradisers, #EGLDUSDT as it unfolds a significant pattern, nestled at a crucial support level, and hinting at a potential bullish upswing.
💎 Observing #Multiversx's recent activity, we've noted a trend of breaking to new lows, suggesting a prevailing bearish sentiment. However, a notable aspect is the potential for a bullish reversal from the critical support of $39.48. Achieving stability at this level could catalyze a strong ascent to counter the overhead supply.
💎 As savvy traders, we're equipped for a range of scenarios. Should #EGLD fail to materialize the expected bullish reversal, we might see a rebound from a secondary demand level at $34.97. A breach below this threshold, however, could signify a significant shift to bearish momentum.
#EGLDIn time H2, it is moving inside a density, which can be a 4th wave of correction erosion, which will finally be completed with a shorter roof inside the density from the bottom to make a complete cycle of 5 waves of correction. Therefore, it is possible to enter a sell position with failure from the bottom.
Egld #EGLD SEED_WANDERIN_JIMZIP900:EGLD
Current price: 51$
Trend : down trend
Resistance: 53.5-55$
support: Weak Support 47-49$, Strong support 37-39$.
The weak support might get break soon, the best buying range or the long term hold will be below 40$ and above 30$ this will be best range to fill a bag with #Gold
EGLD 1.5K till spring next year ... or arround 100$ at it's bestEGLD is one of my favourites projects in the cryptospace. One of the best fundamentals in my opinion, great team, amazing comunity. The graph is speaking by itself.
See you at 1.5K for 1 EGLD, I'm almoust all in on this!
Check the fundamentals for this project, i'm sure it will enter in top ten, and the scalability capabilities of the MultiversX blockchain will make it a serious challanger for the rusty now ETH ...
x.com
THIS is just my humble opinion, not a financial advice!
Take care of your hard worked money guys!
EGLD/USDT The retest is valid. Ready for Continue Upward Move ??💎 EGLD has recently exhibited remarkable market dynamics. Following a strong bounce signaled by a bullish green candle, EGLD encountered resistance at the $60 level, leading to a rejection.
💎 However, EGLD appears poised for another attempt at breaking through this resistance. A successful breach of the $60 barrier could facilitate a smoother upward trajectory, The probability propelling EGLD toward the targeted Bearish OB area.
💎 On the flip side, should EGLD struggle to surpass the $60 resistance and face another rejection, there's a likelihood of retracing back to the demand zone. Moreover, a prolonged consolidation in this demand area could weaken its support, raising the risk of a breakdown.
💎 Such a scenario would indicate a significant shift in trend, potentially leading EGLD into a bearish phase. If EGLD were to fall through the demand zone, it could descend towards the $38 support level. A breach below this support might exacerbate the downward movement, causing EGLD to explore even lower levels in the market.
EGLDusdtHello everybody. Today, let's look at the fifteen-minute chart of EGLD and see that the price is in a corridor with a potential exit down to the level of 53.15 with a possible subsequent drop to the level of 51. I recommend opening a short position.
Good profits to all, please like and subscribe.
EGLDUSDTAt this point, I will be following the possible movements EGLD can make. I think the likely scenario will be to see the demand zone below (around $ 41).
If it cannot see enough demand in the demand area, I think it may hit the support of $ 39, which I have been thinking about for a long time. Therefore, I will set up accordingly.
Egld Egld is already on weekly demand ...........
use low time frame for long within first target price 150 usd
#EGLD/USDT 1h (ByBit) Broadening wedge breakoutMultiversX (f.k.a. Elrond eGold) just regained 50MA support and seems about to leg up towards 200MA resistance.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 5.4%
Current Price:
54.03
Entry Zone:
53.68 - 51.92
Take-Profit Targets:
1) 57.48
1) 61.00
1) 64.52
Stop Targets:
1) 48.89
Published By: @Zblaba
SEED_WANDERIN_JIMZIP900:EGLD BYBIT:EGLDUSDT.P #MultiversX #Elrond #eGold multiversx.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +44.3% | +77.7% | +111.0%
Possible Loss= -37.0%
Estimated Gaintime= 2-6 days
EGLD/USDT upward momentum from support? 👀🚀EGLD Analysis💎 Paradisers, turn your attention to #EGLDUSDT, as it's currently exhibiting trends that suggest a bullish transition from its current support zone.
💎 In light of recent market fluctuations, #EGLD has been on a decline. However, if it manages to sustain momentum at the support level of $46.94, there is a promising opportunity for a bullish advance towards the significant resistance level at $75.32.
💎 The dynamic nature of the cryptocurrency market demands a strategy that is both adaptable and responsive. Should #EGLD face challenges in holding above the $46.94 support level, it might be time to recalibrate our strategy.
💎 In this event, our focus would shift to a potential bullish rise from a lower demand level at $42.61. Monitoring this level is vital, as a breach below could signal the necessity for a strategic realignment, potentially pointing to challenges in maintaining a bullish trend in the #EGLD market. 🌴💰
EGLD longgoing long on EGLD at 55$ (cup and handle formation in the chart) Looking to take profit at 130 and 225$. Exiting around that price unless fundamentals change.
The trade gives a nice risk to reward of 1 to 9
EGLDusdtHi friends. Today we are looking at EGLD, on the four-hour chart we see a falling channel and we have an exit from it at 74.55, this will be our first TP, we can also see an additional triangle figure and here we can determine the second TP at the level of 80.
I recommend setting SL at the level of 69, and in the event of a correction, we can increase the position and buy more.
Good profits to all, please like and subscribe.
EGLD/US Achieving a breakout a key resistance area. Bull Moment?💎 EGLD has become a standout in the market, recently achieving a breakthrough past a key resistance area. In the Lower Time Frame (LTF), the chart indicates a valid breakout and EGLD is now entering a crucial retesting phase. This phase could pave the way for a substantial upward movement, with our next target being the bearish OB area.
💎 During this retesting phase, it's essential for EGLD to demonstrate a strong bounce from the current support area, which was previously a resistance zone. This bounce is necessary to mitigate the risk of a false breakout.
💎 Failure to rebound and a closure below the current level could signal a false breakout. Such a scenario would likely reverse EGLD's trajectory, potentially leading it to a downward trend towards the next lower target, the demand area.
CRYPTO : EGLUSDTHM signal (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Low selling pressure at current level
- support at Zone @ 64.27 - 67.17
It is potentially trending up higher with increase of strength and momentum.
🔥 New Bullish Move Toward a 85.5$ Is About To Start👉 Bull Flag Formed At EGLD Chart And And We Had a Perfect Bounce From The 67$ Support Area ,I Expect a Breakout Soon And Start a New Bullish Wave Toward a 75.5$ And 85.5$
$EGLDI think that the movement of the market may still be downward. The structure in TOTAL may bring a test of the support zones below. I will be taking a small long position in each area I show.
EGLD TESTING WEEKLY SUPPORTIf you have been following along, you have seen me share EGLD entries at roughly $23 and $38 in this cycle. That is, of course, after this was the biggest newsletter trade ever shared when this coin was 10 sats vs. Bitcoin as ERD. We have traded this for many 100xs on multiple occasions.
I am not sure that same opportunity exists now, but we do have EGLD breaking and retesting a key weekly level right now. If it holds, the next resistance is almost 2x away. $69 --> $120.
