EGLD/USDT buy zone Hello everybody
Let's start
My targets to buy
First - 42
Second - 35
Third - 30
Thanks and have a good day
EGLDUSDT.P trade ideas
$EGLD/USDT 12h (#Bybit) Symmetrical triangle breakdown & retestElrond eGold is pulling back up towards 100EMA resistance where it's likely to be rejected.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 8.4%
Current Price:
57.10
Entry Zone:
57.10 - 60.30
Take-Profit Targets:
1) 50.30
2) 44.00
3) 37.70
Stop Targets:
1) 65.70
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +28.62% | +50.09% | +71.55%
Possible Loss= -23.85%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 1-2 months
Tags: #EGLD #EGLDUSDT #Elrond #eGold #IoT #SC #PoS #Blockchain #DApp #DeFi #BSC #Launchpad #Maiar #DEx
Websites: elrond.com maiar.exchange
Elrond Long Term PlanNow we are in a Bear market, nobody wants to buy it but Elrond is coming huge.
Let's see what happens after 1-2 years.
multiversx.com coming huge, fast network, payment systems, launchpad and metaverse.
#EGLDUSDT Sideways Channel ($50-65)Trade setup: Trading in a Sideways Channel ($50-65). Price bounced off of $50 support zone with big volume, reaffirming the relevance of that support area for buyers. Now price is approaching the channel resistance trendline ~ $65. Swing trader: trade the channel (Enter near $50 support and Exit near $65 resistance). (set a price alert).
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: Neutral on Short-Term basis, Uptrend on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance: Nearest Support Zone is $50, then $40. The nearest Resistance Zone is $65, then $100.
[SHORT] rising wedge on EGLDRising wedge forming on EGLD, reaching and rejecting the $60 psychological resistance.
We are looking for a small short position at 60 with wide SL, adding up during pre-FOMC volatility and adjusting SL as price reach the wedge support. looking to add up to the position after a close bellow the wedge.
trigger:$60
entry1: $60
entry2: bellow wedge
target1: $53,45
target2: $50,50
SL: $62,55
Will not rush on this trade, this week price action is beyond technicals.
[EGLD] bullishbullish price structure + bullish MACD divergence
target: 67
Don't forget to set a stop loss order.
EGLD/Tether 4hrEGLD/Tether 4hr
EGLD/Tether 4hr has hit a daily level and given a strong reaction to the down side and made a Break of Structure ( in yellow ). Expecting price to come down and take out all liquidity on the trendline ( in pink ) to the area of ( 55.58 - 55.74 ) which was the last strong 4hr demand zone where i'll be waiting for price to slow down meet my trading plan criteria to take a trade back into 60.41 - 61.51
EGLDUSDT | MULTIPLE SUPPORTSEGLDUSDT has been trading in a bullish parallel channel. The price on 4H time frame has approached to lower boundary of channel.
The same zone is confluence of multiple support.
1) Horizontal support
2) lower boundary of channel
3) 200SMA
4) 0.382 fib level
The bulls can show strong momentum at this confluence zone. A sustained move beyond 62.50 is needed to give complete control to bulls.
Manage your trades accordingly.
EGLD 4HElrond eGold (EGLD) Possible Scenario
AB=CD pattern with RSI Bearish Divergence
Manage your risk
EGLDUSDT wants the supply zone?The price is inside a descending channel below the 58$ area, it's a jey level.
On the daily timeframe the price is creating a cup and handle and the price bounced exactly on the 0.618 Fibonacci level.
How to approach it?
IF the price is going to have a breakout from the descending channel and static resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
EGLD / USDT Price Prediction and technical analysisAre any EGLD fans here?
Elrond is supposed to brake the bullish ascending triangle in 4hr chart. Did you notice that?
you can enter and can put stop loss below support line.
Don't forget to comment and look at my Trust wallet analysis also.
Follow me to More..
EGLDUSDT buy signalA short-term wave is expected for EGLDUSDT after the price failed to break below the trendline today.
EGLD/USDT - LONG SCALPING⚡️⚡️ EGLD/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (10.0X)
Entry Orders:
1) 61.84 - 100.0% (1494.996 USDT)
Take-Profit Orders:
1) 62.47 - 35.0%
2) 62.98 - 30.0%
3) 63.5 - 20.0%
4) 63.82 - 10.0%
5) 64.65 - 4.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (2)
Dows Theory Implementation with Candle sticks patternsFollowing Bearish Trend Pattern with Risk Management Strategy
EGLD ON ITS WAY UP??We see EGLD struggle to break above the VAH, but has now used it as support
My Target? The Weekly level of 66.03
It may not look as textbook-nice, but the market is not perfect. There will always be deviations.
What is important are the candle closes that tell us the story of chart :))
I think the best things in life are free!
And what isn't free are expensive fancy-schmancy indicators...
All you need is Price Action Fam!! <33333
Don't Blink 😉
EGLD to $2000 by Sept 2023Can Elrond do it?
That's a 30x from here.
5x for sure
10x maybe
More than 10x, unlikely.
Just getting to the last ATH, that's a 10x
EGLD in Range-ModeWe see EGLD ranging between the POC and VAH.
If EGLD does intend to break above, I would recommend entering above the VAH (break-out trade).
The next level of resistance is the weekly at 66.06
Trade Safe Friends <3333
Egld ANALYSIS#EGLD DAILY UPDATE.
#EGLD is currently trading in ascending trianglw with red line as the support & break below to the red line would lead into dump as we have already seen many rejections from the blue box area on daily.
ICT CONCEPTEGLD SHORT IDEA.
Price is likely to fill the weekly fvg and then sell off to sell side liquidity {SSL}
Long EGLD
EGLD is among the top 50 biggest cryptos, using "Sharding" protocol for rapide validation of transaction at a lower cost.
Yesterday, it broke its trendline, starting from mid May, with good confluence of volume indicators.
Breaking volume is two time bigger than the average.
OBV broke its trendline and reverses.
MFI broke also its trendline and reverses.
CMF rose from negative to positive values and this indicates buy pressure is back.
A referenced TPs (blue lines) and SL (red one) are in chart.
Al the best!
EGLDUSDT Analysis - 26 OctoberHello Guys, Today's Analysis is on the EGLDUSDT Symbol in a 1H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
