Get started

Egldusdt

Will EGLD break above 300$ again?!Here's a quick look at EGLD 1 hr chart. As we can see, the price has printed a bigger rising channel and is currently at the bottom the channel. This could be a good buy area, but we should be very careful of what BTC does next. The best entry would be, when the price breaks above the Resistance line with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the resistance line and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone 1. 288$ 2. 300$ 3. 324$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
7
EGLDUSDT: BREAKOUT FALLING WEDGE, CONFIRMATION OF BULLISH BIAS?Hello Fellow Traders, here's your free outlook for EGLDUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D EGLDUSDT is breaking out of the falling wedge pattern. Breakout of falling wedge is indicating the possibility of continuing its bullish bias. The momentum indicator starts pointing up in the neutral area, therefore, there is a probability of moving upward to the target area. The roadmap will be invalid after exceeding the support/target area. DISCLAIMER: This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Long
by financialfreedomgoals101
6
EGLD 1D H&S or not H&S, that is the question!It's been a long six months since we updated our thoughts on the EGLDUSDT trading pair, but it's time, because in the previous idea worked out all target: Now we have EGLDUSD price at a crossroads, where to go next? We don't know the answer to this question either, we just have a few thoughts-assumptions that we will share: 1) Now EGLDUSDT has finally reached the target of $287 and even slightly higher than it was set in February. However, it is alarming that EGLD price has risen 5.5 times in 3 months, on tiny volumes. Therefore, we would like to see a 50% correction and super buying activity by buyers in the $140-175 area. If that happens — that opens the way for abnormal targets of $700-950 for the Elrond eGold token. Share your thoughts in the comments, what could theoretically provoke such growth? 2) The growth on low volumes has prompted us to think that theoretically it could now form a "head" in a global head-and-shoulders reversal pattern. And the price of EGLD now can even jump to $370 , but such growth will not bring anything good in the future. After all, the global objective of the testing of the "Head and Shoulders" pattern is around $15. To sum it up: there are two equal development scenarios on the chart: blue — much up, red — much down, and you choose (what pill)... which route to go further). _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
65
EGLD to reach new highs within price channel based on MEX launchBINANCE:EGLDUSDT has been strengthening since it re-entered the longer term channel (shown). This is due to further development of the blockchain and partnerships. The upcoming Maiar Exchange (MEX) launch will have a significant impact on the utility of the Elrond blockchain (as seen by DEX implementations on other major blockchains). Once the ATH is breached, price discovery could easily propel price to the upper bound of the channel (price target), and possibly beyond. CRYPTOCAP:EGLD BINANCE:EGLDUSDT BINANCE:EGLDBTC
Long
by BillyStaples
[UPDATE EGLD] Consolidation confirmed until Aug until then PUMP.If Bitcoin follows my scenarios, EGLD could start the pump again in AUG 2021. Great opportunity to accumulate: Technical analysis: - Crashed 80% from the all-time high - Re-tested the 1,61 Fib (great support) - Tested the macro ascending channel (great support) - Super trend indicator in line with the previous cycles (great support) - Bullbear trend and stochastic RSI on the weekly are at the minimum levels. Fundamental analysis: - Drop of the Maiar exchange and Mex are imminent and will go online in July. - Community is growing daily - Team super professioal - Great tokenomics EGLD is behaving like a mini BTC. I guess we could have decreasing returns for the next pump.
BINANCE:EGLDUSDLong
by Homocryptus
6
EGLD Price Fractals: Ready To Fly !Here's a comprehensive analysis on EGLD performed on a weekly time-frame and we will observe how the prices exhibit fractal properties over time. Also, we'll speculate upon the factors (listed below) which will lead the price to it's next possible New All-Time-High (ATH). (i) The price momentum has been developing inside an "ASCENDING CHANNEL" since Dec 2019, with the middle line acting both, resistance and support throughout the course inside the channel and after the breakout from the middle line of the channel the price has repetitively surged towards it's ATH. (ii) The Important Fibonacci Levels for every cycle seems to be the 0.382 level at which the prices retraces back after forming a new ATH. (iii) After making an ATH, the price retraces and everytime the prices tests the Lower Trendline of the channel the demand pushes the price back to the upside with exceptionally strong momentum which unfolds the discovery of new ATH. This type of extensive analysis is more of a speculation of the price development rather than prediction of price projected in the future. Feel free to share your thoughts and your targets for EGLD in the comments below.
BINANCE:EGLDUSDLong
by Wolf_Of_Alt_Street
22