Egldusdt
EGLD/USDT HELLO GUYS THIS MY IDEA ABOUT EGLD 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 SHORT position...
and when the price come back to this area, strong SELLER will be push Up the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this Long trade....
THANKS
REBENGA TURTLE TRADER
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for EGLDUSDT
Here we have S1 which used to be a resistance line and the unsuccessful triumphs of the price to rise is obvious. R1 and R2 areas are our resistance areas. At the present, the price is fluctuating over S1 and we predict a pull back to R1 for it and then it may have a fall by reaching that area. But in case it moves over R1, and fixes there, then it will face more increase to R2. If the price falls below S1, then more decline will be waiting for it.
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
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
[UPDATE EGLD] Consolidation first <100$. Superwave coming >1000$#Elrond has been a profound source of inspiration for the past 2 years when it comes to my business, marketing and communication style and of course, since the beginning, I’ve tried to bring this modus operandi to
@MiraiLabsExp
Elrond is an example.
This is the last chart for this year (inverse chart). I still believe we need a couple of more months of consolidation (45$-75$) before the super 🌊(Aug —-> ?). Would be cool if some of the green e-commerce products built by @MiraiLabsExp will make a transition to the green blockchain of Elrond 🌊🪐
EGLD : Reversal Soon?EGLD / H4 / Log chart
Elrond will possibly form a Triple bottom support here and incase of bearish reversal, Confirmation will be a downtrend break and Supertrend giving a buy signal.
Longing some #EGLD When Downtrend line gets broken and Supertrend indicator gives a Buy signal.
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: falling wedge breakout! Wait for confirmation!EGLD price made a bullish wedge after a false breakout. As we know, the crypto market has its own specifics of patterns. Often it happens with manipulations, collecting of stop losses, false breakdowns, etc.
In this case, the manipulation was the first time when the wedge was broken out, when the candle collect liquidity above the wedge and returned to it. The price fell by 8-9%, almost the same as the entire crypto market. It`s not to much and show the bulls power. By volume, we see that this altcoin has been bought 3 times at the bottom. This indicates a big player who is accumulating a position.
Locally, we might see a breakout of the bullish wedge. If the volumes grow on price pullbacks, it will confirm our bullish scenario.
Targets can be identified by the horizontal volumes indicator. It`s the largest value areas, where the most of traders will close their position:
$90-93
$107-110
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
EGLD : A possible simple longing chanceEGLD / H4 / Regular chart
Entering into #Elrond once price breaks above the downtrend line and the red resistance box. looks promising if breakout happens...