EGLD long term scenarioWe have strong buy SIGNAL on 1W TF. Also, I've marked some fibo levels, and the TF for what I belive is to come.
RSI is also out from this selling channel.
We have to say that MultiversX has a looot of amazing fundamentals.
They are going to launch a product once on two weeks from now till may 2023. Also, they have one of the most serious teams in cryptoworld. Great TECh, super fast chain, amazing comunity!
I'm all in EGLD and MultiversX.
This is not a financial advise!
It's jus my opinion.
Cheers GUYS!
Multiversx
#EGLD Egld/USD -4h Chart#EGLD - we have multiple confluences and probabilities.
Analysis is done for the swing trade opportunity.
The first scenario is more optimistic showing only a retrace and continuing the trend. But there is a possibility that the price may liquidate the trendline and make a consolidation at the extreme buy point before continuing its upward movement. Be cautious and do not risk too much.
Invalidation - after $32.22, continuing the downward trend."
MultiversX (Elrond) EGLD Price TargetsThis week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for MultiversX (Elrond) EGLD are:
EGLD/USDT short
Entry Range: $34 -36
Price Target 1: $29
Price Target 2: $20
Price Target 3: $7.60
Stop Loss: $43