Egldusdt
🚧EGLDUSDT will Go Up Again🚧 Road Map(DAILY)🗺️!!!
➡️EGLD has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which EGLD is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen!
🤑 Stay Awesome my friends.
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Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
EGLDUSDT Probabilities for a 60% UpswingEGLDUSDT persists in honoring the uptrend trendline, maintaining movement within a long-term ascending channel. Notably, the previous supply zone has transformed into a respected demand area, significantly bolstering the likelihood of sustained uptrend continuation.
This favorable price action significantly heightens the probability of a 60% price surge in the imminent days or weeks. The key resistance at the $75 area, validated by a double Fibonacci level, stands as a crucial indicator for potential price movements.
In summary, EGLD appears notably positive at this stage, with an evident uptrend, demand zone validation, and potential for significant growth.
EGLD/USDT Bullish Continuation from Demand Zone? 👀 🚀MultiversX💎 Paradisers, let's zoom in on #EGLDUSDT as it's shaping up for an exciting market opportunity. Currently, it is showing signs of a bullish continuation from a key demand zone.
💎 Taking a glance back at #MultiversX, it's been consistently navigating a descending channel, breaking above, and then climbing upwards. Right now, the market sentiment is leaning towards selling, but here’s the twist - CRYPTOCAP:EGLD seems primed for a bullish leap from the demand zone at $53.81, potentially soaring towards the major supply zone at $102.20. It’s like gearing up for a market jump!
💎 But, as any seasoned #EGLD trader knows, crypto markets are like a game of chess. If EGLD doesn’t ride the bullish tide and instead takes a dip, it's time to consider our Plan B - rallying from a lower support level at $46.81.
💎 And a crucial point to remember: if #EGLD breaks below this support level, it's a signal to gather around the strategy table. Such a move would mean it’s time to recalibrate our strategies, adapting to the evolving market landscape. 🌴💰
EGLD: parabolic curve in 4hTo complement my previous idea, we can see the possible parabolic curve that EGLD would be forming.
Again, be ready for surprises, the last point of supply (LPS) can happen violently, I would not leverage.
Christmas rally?: 90% up EGLD could very well be doing a parabolic curve in the 4h range. This is another way of seeing it, within an ascending channel, with the corresponding FIB extensions drawed from the lows of October.
This could be a FOMO, or could be not. We could also have some bumps in the way, but Santa is around the corner, I can feel it!
Target: 119$ (+90%)
EGLD A short would be nice from hereOn this pair Egldusdt i expect volatility coming soon.
Marking the trigger points and looking for shorts from here.(Scalp)
Targeting 41-42 area initially (might go way lower if we analyze in HTF).
Trade Type: Risky
Note: Not a financial Advice.
EGLDUSDT LONGTHIS IS NOT A FINANCIAL ADVICE
Conditions:
1.Fibonacci level:✅
2.Bollinger band:✅
3.Momentum:✅
4.Price action:✅
5.Volume:✅
6.1h tf:✅
7.4h tf:✅
8.1d tf:✅
EGLDUSDT Descending Channel!EGLDUSDT Technical Analysis Update
Buy zone : Below $47.30
Stop loss : $39.00
Take Profit 1 : $53.00
Take Profit 2 : $67.00
take Profit 3 : $88.00
Regards
hexa
🚧EGLD is Bullish now🚧 & many Traders don't see it 👀!!!Hi every one
EGLD has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which EGLD is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Pennant pole) to happen! The Next target is around 93$!
🟡Summery:
-EGLD has been Bullish Recently!
-The odds of another Bullish Movement is High!
-Bullish Pennant is Visible on The chart!
-No break out yet!
-Next Target at 93$
🤑Stay awesome my friend.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
EGLD: Bullish PennantElrond (EGLD) technical analysis:
Trade setup : Price spiked up to $50 resistance, got very overbought (RSI > 90!) and pulled back. Now it’s consolidating in a Bullish Pennant pattern, which is a continuation pattern and typically resolves in the direction of an existing trend (in this case an Uptrend). In case of a bullish breakout from this pennant, price could revisit $55.
Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $38 (previous support), then $28. The nearest Resistance Zone is $50, then $54.
EGLD/USDT bullish scenario? 👀 🚀 EGLD Today analysis💎 Paradisers, gear up to delve deeper into EGLDUSDT as it showcases a captivating trajectory, hinting at a heightened likelihood of revisiting its upward momentum after a recent rejection from resistance.
💎 EGLD recently faced a setback from the resistance at 29.32. However, the scales tip towards a probable bullish resurgence from the 26.35 level, with the presence of a bullish OB further bolstering this scenario. Another potential pivot point lies at the demand level of 25.49.
💎 The VRVP's pronounced volume at this juncture indicates that whenever the price approaches this level, a bullish surge is likely.
💎 While some novice traders might be tempted to short at this level, always remember to stay a step ahead, analyzing the market with a discerning eye.
EGLD Legit pump or gonna dumpDillies are great!
Time to prove its not a BS pump.
So going to be watching the retrace and depending on how it does, will look for an entry.
I will happily miss if leaves without a proper retrace.
Too risky with other assets being more technical.
This could maybe be an Elliott wave Ending Diagonal down W5 is sus.
EGLDUSDT.1DBased on the market data provided, the EGLD/USDT pair is currently in an overbought area as indicated by the high Relative Strength Index (RSI) values on the 4-hour and 1-day charts (86.25 and 88.89 respectively). This could possibly indicate a potential future price pullback.
The Moving Average Convergence Divergence (MACD), another momentum indicator, shows positive values on the 4-hour and 1-day charts, indicating a bullish trend. However, the 7-day MACD shows a negative value, suggesting that the longer-term trend may be bearish.
In terms of the Bollinger Bands (Bb), the current price is closer to the upper band on both the 4-hour and 7-day charts, which could indicate a downward price reversal in the short-term.
The support and resistance levels indicate the price levels that the asset has trouble moving beyond. The closer the current price to a support level, the more likely it is to bounce back up. Conversely, the closer the price to a resistance level, the more likely it is to bounce back down. Given the current price of EGLD is 47.32, it is closer to the first resistance level on the 4-hour, 1-day, and 7-day charts, suggesting that it might face downward pressure.
In conclusion, while the EGLD/USDT pair shows a bullish trend in the short-term, the overbought RSI values and the position relative to the Bollinger Bands suggest a potential price pullback. Moreover, the negative MACD on the 7-day chart indicates a possible bearish longer-term trend. Therefore, traders should proceed with caution and consider setting stop losses to protect against potential price drops. This analysis is based solely on the technical indicators provided and does not take into account fundamental factors or broader market conditions which could also affect the price.
EGLD: Overbought at ResistanceTrade setup : Price broke back above the down trendline and above 200-day moving average ($32), which confirmed a bullish trend reversal to Uptrend. Then it spiked up to $50 resistance. However, price is now very overbought (RSI > 90!) just as it reached that $50 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $28 (previous support), then $22. The nearest Resistance Zone is $38, which it broke, then $50.
EGLD HUGE BOUNCE INCOMINGGGGGGGGBe ready to buy EGld around 27-31 levels. Weekly support a very very strong bounce incoming .Buy the dip
EGLD USDT is ready to make a bullish move. Egld just tapped the weekly demand zone. I have bought a huge bag of egld and am bullish on it, looking for at least a 50-100% move here. The bottom has been made on the Egld coin.
Position yourself accordingly and manage your risk, Proper sl and targets are shared in the chart.
EGLD Massive fallling wedgeEGLD have this massive falling wedge on daily TF.... Wait for clear breakout and take long position after retest
Follow for more market update or chat me up
EGLD/USDT Potential Upside? 👀 🚀 EGLD Today Analysis💎Paradisers, turn your attention to EGLDUSDT! We've observed it making a notable shift, retesting crucial support and gearing up for a bullish ascent. The break from its descending channel further amplifies this bullish sentiment.
💎 Currently, MultiversX is navigating within a descending channel, teetering on the edge of a breakout. When we align this with the medium time frame (MTF), it showcases impressive momentum. Given this, we're confident that in the short time frame (LTF), it's poised to approach our anticipated resistance level soon.
💎 Another intriguing observation: should the price of EGLD breach the support zone, we anticipate a downward trajectory. In such a scenario, it's crucial to strategize our entry points wisely.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
EGLD/USDT SCALPHi. I hope you have a good time.This analysis is a personal opinion. Please weigh in with your own review.
R/R:+4.5
If you like this analysis, please don't forget to like and follow.
EGLD: Bearish Patterns Signal Caution, DCA Opportunities AheadBearish pennant or descending triangle:
Equal % drop to materialize.
See blue range between
20.5–19 for potential bottom.
40 dollars is resistance.
Losing 35 area hurt EGLD really bad.
Good DCA range though.
EGLD/USDT upward momentum? 👀 Elrond Today Analysis
Paradisers, turn your attention to EGDLUSDT! Currently nestled within a demand zone, it's gearing u p for a bullish ascent, even amidst market volatility.👀
💎EGLD has established equal lows, secured liquidity, and addressed the bullish OB at its current level. This sets the stage for a potential explosive move upwards.
💎 Another intriguing observation: while the price trends downward, the RSI showcases a bullish divergence. This hints at a probable upward shift of Elrond in the near future.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
#EGLD/USDT 12h (ByBit) Rising wedge breakdownMultiversX just lost 50MA support and seems likely to continue with the local retracement down.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.5X)
Amount: 5.0%
Current Price:
34.15
Entry Targets:
1) 35.35
Take-Profit Targets:
1) 30.25
Stop Targets:
1) 37.90
Published By: @Zblaba
CRYPTOCAP:EGLD #EGLDUSDT #MultiversX #Elrond #eGold
Risk/Reward= 1:2
Expected Profit= +79.3%
Possible Loss= -39.7%
Estimated Gaintime= 2-3 weeks
multiversx.com
