Egldusdt Looks Pretty Bulish seems Like getting ready for another Bounce
Forming descending channel in daily Timeframe Incase Of breakout expecting 120 To 130% bulish Move
Horizontal Resistance has already Broken expecting massive breakout
EGLDUSDT.P trade ideas
Egldusdt Looks Pretty Bulish Falling Wedge Breakout And Retest has Already Confirmed
Expecting 160 To 180% Bulish Wave Buy And Hold Some Place stoploss Below Black Line
EGLD BUY SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the EGLD symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Potential long on EGLDI'm looking for hedge longs on alts. EGLD is one of my favorites.
-> Very nice rounding bottom (potentially a spring).
-> Clear resistance and support.
-> Clear target.
$EGLD - Short Trade Set-Up$EGLD - Short Trade Set-Up
Entry Conditions:
- Bearish Impulse Signal
- Trading Range - Likely to retest lower again
- Break down from consolidation
- Beraish Divergence
EGLDUSDT | SUPPORT BROKENEGLD on 4H time has broken below the rising support.
The bears have taken complete control.
Now the price is trading above the horizontal support.
The price may rise to test the broken support which may act as resistance zone .
Manage your trades accordingly
EGLDUp or down, getting rejected at 180 day MACD has crossed to the down side. Could be a short. BUT close above 180 and MACD cross over may be a long. Do what the chart says.
EGLDUSDT 4H BULLISHThe EGLD is currently transiting the median of the Keltner Channel heading towards the upper band, where it should reach the upper edge of the bullish channel and decrease a little.
Bullish RSI , indicating exhaustion of selling forces and the Ichimoku Cloud transiting below the asset , makes the EGLS pair totally bullish. A limit order on one of the supports would be a log option for today.
Here are the supports and resistances in the 4H:
Main support levels: 44.87 / 42.88
Main Resistance Levels: 47.63 / 49.29
Elrond was a blockchain platform that specialized in offering scalability solutions, using its adaptive state switching technology. However, the company announced its transformation into MultiversX last November. The renowned company's main focus is now on the metaverse, as signaled by the launch of three new products:
XFabric – A fully customizable blockchain module.
xPortal: An application that will act as a portal to the Metaverse.
xWorlds: A mechanism to be used to create virtual worlds.
EGLD is Ready to Jump?Here Is My Study on EGLD.
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egldHey traders, here is the analysi.
If you guys like my analysis please hit like👍 and follow.
Thanks.
DISCLAIMER- This is not financial advice.
EGLDUSDT | EYEING A BREAK...
EGLD is testing the important level, and the chart looks fascinating.
The price could move up and break above the resistance zone and test the 54 level .The bulls are printing ullish candles nar the resistance zone that favors bullish trend in future.
Manage your trades accordingly.
EGLD HTF LTF resistanceEGLD at top of parallel channel in HTL and triangle break down in low time frame
EGLD nice mid-long term hold broke resistance with nice volumeEGLD nice mid-long term hold
3x -- 5x leverage also nice to trade
Market Cap: 1.1B
Category: Elrond Ecosystem
Target 1: 52.16
Target 2: 56.76
Target 3: 61.31
Stop Loss: 38.64
Manage Risk - have a stop loss in place
Not Financial Advice
This is for Entertainment Only
Accumulation with Spring before BTC halving?This is my bet if we are currently in an accumulation phase for EGLD on the USDT pair. I combine the pitchfork with the Wyckoff accumulation schematics, where I am considering a spring event that takes EGLD around 30$. The next top coincides with the median of the pitchfork which is considered a big resistance.
Updated EGLD/USD TargetsUpdated my sell area for EGLDUSD. The ALTs seem to be making retracement, or possibly even bullish moves. I expect a lot of 1.618-4.23 runs.
The bottom is not in. Safety is still sexy.
Possible inverse Head and Shoulder formation for $EGLDWe could see a possible bullish head and shoulder pattern play out for this pair.
Despite this, I am currently in this trade, with multiple SL's on the way. Remember to TP along the way, welcome to use the resistance/support lines shown, however make sure you do your own research.
Happy trading. Good Luck!
EGLD long term scenarioWe have strong buy SIGNAL on 1W TF. Also, I've marked some fibo levels, and the TF for what I belive is to come.
RSI is also out from this selling channel.
We have to say that MultiversX has a looot of amazing fundamentals.
They are going to launch a product once on two weeks from now till may 2023. Also, they have one of the most serious teams in cryptoworld. Great TECh, super fast chain, amazing comunity!
I'm all in EGLD and MultiversX.
This is not a financial advise!
It's jus my opinion.
Cheers GUYS!
EGLDUSDT Impulsive PA| POC Resistance| Weekly S/R| Trend Evening Traders,
Today’s analysis – EGLDUSD – trading towards an area f resistance where a rejection is plausible,
Points to consider,
- Price action corrective
- POC Resistance
- .786 Fibonacci Resistance
- Weekly S/R Resistance
EGLDUSD’s immediate price action is trading towards an area where there is technical confluence with the .786, POC, and two HTF levels, allowing fr a bearish bias.
The immediate objective will be the lower Int-Daily S/R, testing this region will create a local trading range.
Overall, in my opinion, EGLDUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“This lack of support is not simply an absence of encouragement. It can be as deep as the outright denial of some particular way in which we want to express ourselves.”
― Mark Douglas
egld usdtElrond cup&Handle short term.
T : 50+
SL : 38
Fo futures, 10% now, 20% 39 and 60% 35-37$
Fundamental elrond is worth long term.
Egld/UsdT - Daily - Wyckoff Accumulation A possible Wyckoff Accumulation on EGLD/USD in the next coming mouths.
A invalidation can be when is not able to reclaim 38$ level
Let`s see how is playing out !
