ICT CONCEPTEGLD SHORT IDEA.
Price is likely to fill the weekly fvg and then sell off to sell side liquidity {SSL}
EGLDUSDT.P trade ideas
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
EGLD SHORTAfter a nice correction till Daily smma EGLD turn back from 57.20, i expect a bearish move back to at least 48
Last time when touch D smma was 184...
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for EGLDUSDT
Currently, we have R2 and R1 as our resistance areas which both include the disability of the price in order to rise. S1 used to be a resistance line and S2 is our support area with its support of price at different points. Therefore, we have the fluctuation of price below R1 and we predict two options here. If we receive some confirmation candles to rise, there will be an increase for the price up to R2. But in case the price gives us some falling signs, we will have a decline for it toward S1 or even S2. The point is to activate your stop-loss points in order to have less risky trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
EGLD break the downtrend triangle in weeklyIt's time for EGLD. It break the weekly downtrend triangle. See TP on the chart!
EGLD SHORT SETUPThis symbol has a good resistance zone in front of it, which I optimized as much as possible, you can scalp method
EGLD/USDT 1D (ELLIOT'S WAVE ANALYSIS & BEARISH DIVERGENCE)There are two scenarios. 1 - by Elliot. MA147 is as good support. 3rd and 5th waves would say will finish just below MA200 resistance, that gives good perspective. RSI is going for a third attempt to cross the trend resistance line as well, Aroon after falling stays straight. Stoch above 80, means possible move downward. Macd just broke up Bearish neck, good sign for grow. 2 - ABCDE movement inside of bearish wedge and down to previous local lowest price. Bearish volume divergence.
EGLD to 2x ELGS or Maiar product is one of the crypto which had an exceptional run in the previous crypto bull cycle.
It topped in Nov 2021 and since then its been just in a downtrend however just now the BOLLINGER BANDS tell us that a strong SQUEEZE is incoming!!
My bet is long considering the long terms support trendline is holding the price so far.
TP: $120-$140
EGLD Elrond LONG TRADE 20221017Structure Breakout and AB-CD
EGLDUSD, Elrond, EGLD, EGLDUSDTP, EGLDUSDT, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
EGLD/USDTegld/usdt
According to their our analyze, EGLD price can reach a range of $75 – $80 by the end of 2022.
his first target 66.10$
the seconde 79.05$
stay tuned for more #EGLD/USDT update
EGLD new wave?From a technical point of view, if most of the coins are on the chart at point A and falling down, then EGLD has started to go in front of the market, has passed through the 50th and 100th MA and trying to hold above them, which is already a positive sign. We would wait for more consolidation with going up and potential targets of $59, $68, this scenario is relevant as long as we are above the 50 MA.
EGLD is the native coin of the Elrond blockchain, used to pay on-chain fees, staking, and reward network validators. The Elrond project itself is not only a smart blockchain, but also a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. In a sense, the project token will correlate with the successful development of the project. The entire ecosystem still has development potential, a significant number of projects can still be released in this network through its own launchpad with the support of Morningstar Ventures as one of the main investors in the project.
EGLDUSDT may fall a bit This is my ideea on EGLD/USDT,
There is a lot of liquidity in the down side ready to be taken,
and this may lead to a 5$ crash to EGLD
EGLDUSDT | IMPORTANT LEVELEGLDUSDT has broken above the symmetrical triangle.
The price has been trading near the horizontal resistance.
The bulls are in control.
Manage your trades accordingly.
EGLD 1H Another Triangle Break OutAnother triangle on EGLD. Who said that triangles does not work. See, easy to daytrade as always. Break Out.
? For sure this can fail because of btc correction :)_
EGLD 1H Ascending triangleWill this go up?
+ 1D resistance + support zone
+ 1H Ascending triangle
+ Local uptrend line
+ Local support
Waitin for btc move:
? BTC ? :S
Can go 19 000..
EGLD: Possible retest of broken resistanceAfter the breakout of both the trendline and the resistance, EGLD has entered an upward channel. A channel like this often breaks out downwards. It will also be healthy if EGLD retests the breakout of the resistance, which should now act as support. I therefore see a short opportunity towards a price value of $51.
