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Egldusdt

Potential trend reversal on the Dollar can affect the EGold ?Hi everyone, As discussed yesterday in the email sent to my members there was this possibility of seeing the EGLD pull back slightly to lower the bottom of its wave 2. From now on through my analyzes I will include a follow up on the S&P 500 (SPX) and the Nasdaq and the DXY ( USD) because several correlations exist between these indices. I didn't like the recent tweet of Elon Musk saying "nobody is enough stupid to buy the dollar)... market makers were waiting for that one.... Elon should focus a little more on produce it's own cars in time. S&P 500 (SPX) - Dollar (DXY) and Nasdaq (IXIC) Right now we have some indications that the SPX is looking to pull back.. since the we had a spinning top on the daily close feb 16th. The DXY has already marked a double bottom on the weekly and monthly chart and currently seems to be tracing what could be wave 2 of a new streak of 5 impulsives. We gonna have to watch the dollar.. if the dollar is reversing, Bitcoin will make a pullback. SPX : A spinning top candle closed on the daily chart Feb 16th.. we are on a correction (pullback). No indications for now that we are reversing yet. Nasdaq : No real indications that the market will pull back significantly for now. Seems to be a normal (small pullback) DXY : Still in a corrective phase, but we mark a double bottom on the W chart and the M chart. The USD is creating a W2 on what it could be a new 5 impulsive waves. Current situation on the EGold: Market makers put the EGLD under the MA21, the question is, is it temporary? I will have to go a little deeper today, this DXY double bottom of the dollar is definitely something we need to focus on and I will analyze this more in detail today.
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by Crypto_Mercy
5
EGLD/USDT Bullish Pennant!!! This is REALLY undervalued now...EGLD/USDT making Bullish Pennant and soon this is about to be exploded. If Bitcoin is now not this top and unstable, you know, now is the worst time to buy BTC, EGLD most probably could go up in this bullish signal... Unfortunately, I personally think this may go below the support line, because most alts follows BTC and/or ETH. But I don't say this can't go up this time. This signal essentially is a bullish pattern. EGLD/USDT 's target is respectively 210 for up and 81 for down. But remember that: buy the fear(dip) sell the greed(top). Also, alts are more volatile than BTC or ETH, like while BTC only down 20%, alts or this EGLD potentially could down 40%. Buying that dip is very great, isn't it? Don't fear the dump and prepare yourself...
by fumiyaorg
2
Luxury Trade💰One more pattern for you, wolves🔥 Really clean and seems like easy trade only for you. There is a symmetrical triangle on EGLDUSDT. There was a strong bearish sentiment before. So let's see will it continue its own movement or the sentiment of the market will change! Follow the chart and look for the breakout carefully. If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
by Berzerk_invest
Weekly close, a good signs for ElrondBased on the last weekly close and the Takuri candle signals are looking pretty good for Elrond. We have a double bottom accompanied by a takuri with a closing of the body slightly higher than the last one. Also i really like we took our time on this one, Elrond is showing healthy signs by waiting for it's own Daily MA 21 (dynamic support) is now at 135.52$ which is pretty awesome... this is a pretty good news for the Hodlers or the Stackers. Also keep in mind that Elrond Team is coming with Maiar stacking DEFI, Decentralized Exchange, DEFI 2.0 module and name service. Iuga Mihai also published on twitter yesterday and wrote : Years of creative effort are about to come live on the Elrond Mainnet in just a few short week. Smart contracts, stacking, DEFI 2.0m ESDTs and NFTs will soon become accessible to a large group of people. Hypergrowth DAY 47 Here are some Take Profits: -TP1 ZONE = 173$ - 176$ -TP2 ZONE = 202$ - 209$ -TP3 ZONE = 242$ - 261 -TP4 ZONE= 274 - 279$ -TP5 ZONE = 304 - 315$ -TP6 ZONE = 344$ - 374$ Resistance to beat now : 145$ -10H MA21 148$ - 12H MA21 149$ - 4H MA100 151$- 2D MA9 155$- 3H MA100 If you want me to post update, leave a comment and i really appreciate CHEERS, it's helping me a lot. Best to you and thank you!
ELong
by Crypto_Mercy
4
Elrond EGLD Prepare For SellOfFThe crypto market is living its last bubble days. The prices do not reflect any fundamentals. Cryptos are pure retail investments gambling at this point. Elrond EGLD Fully Diluted Market Cap $4,374,613,654 vs Biggest German Bank, Deutsche Bank 23.864B Market Cap Moderna - saves the world from Covid-19 - 69.146B Market Cap Ebay - Market Cap 42.174B FORD - 42.174B MARKET CAP When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends. When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing. If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
Short
by BuySellMarketMaker
6
EGLD symmetrical triangle Symmetrical triangle pattern forming, will we break above or below? It could go either way. No break and this pattern will form into an ascending triangle, MA looks to be increasing again. RSI mid range. Many are speculating $280 price target from the Fibonacci Projection. Regardless this is a great project to hold onto long term, great things are coming. EDST, Staking, Launchpad, DEFI, Partnerships Continuously rolling out and of course limited supply.
Long
by TraderWU
11
EGLDUSDT (EGLD) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - EGLDUSDT printed a bullish flag pattern. - Price brokeout above the bullish flag resistance and had a retest. - Price action is printing an ascending triangle pattern. - An ascending triangle pattern is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Long
by Chibuike_Odoh
2
$EGLD/USDT 12h (Binance Futures) Parabolic curve on supportElrond eGold is retracing down but I believe uptrend could resume soon. Let's try to catch the next big dip if we are lucky enough! Current Price= 132.204 Buy Entry= 110.013 - 97.005 Take Profit= 159.521 | 219.800 | 311.178 Stop Loss= 75.154 Risk/Reward= 1:1.98 | 1:4.1 | 1:7.32 Expected Profit= +54.11% | +112.35% | +200.63% Possible Loss= -27.39% Fib. Retracement= 0.618 | 1 | 1.414 Margin Leverage= 1x Estimated Gain-time= 1440h
Long
by TradingOn
3