EGLD Long idea EGLD is swiftly approaching a significant resistance level, making it crucial for astute investors to closely monitor its movement. There is a potential for a bullish reversal, presenting an opportune moment for those with a keen interest in the market.Longby K_TraderX112
EGLDUSDT is testing the key levelsEGLDUSDT is currently in a critical phase as the market tests the lower trendline of the weekly descending channel. Additionally, it is also testing the monthly support level, adding to the significance of this price zone. T To witness a breakout from the current situation, it is crucial for the price of EGLDUSDT to be supported by substantial trading volume. This increased volume would indicate heightened market participation and interest, potentially leading to a bullish move. Specifically, the daily support area around $32.50 is an important level to watch. If the market manages to gather enough volume and buyers step in to push the price above this support level, it could trigger a potential breakout. This breakout would not only provide a short-term positive signal but also align with the trading principles advocated by Plancton, Traders following Plancton's rules would likely consider entering new long positions if the market satisfies the necessary criteria for a breakout from the aforementioned daily support area. This could signal the start of a potentially bullish phase, with the market aiming to reverse the downward trend and potentially retest higher resistance levels. ––––– Follow the Shrimp 🦐 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 🦐 by InkyGripUpdated 101014
EGLD/USDT - MultiversX: Failure_Swing◳◱ We've detected a Failure Swing pattern on the TSXV:EGLD / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 38.03 | 41.13 | 48.55 and the major support zones are respectively at 30.61 | 26.29 | 18.87. It is a bullish indication and we may consider buying at the current price zone of 33.13 and targetting higher levels. ◰◲ General info : ▣ Name: MultiversX ▣ Rank: 53 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Elrond is a blockchain designed for high throughput and relatively fast execution speed compared to other smart contract platforms. It features Adaptive State Sharding as its scaling solution and a Proof-of-Stake (PoS) variation called Secure PoS to secure the network. Elrond also contains a WebAssembly-based virtual machine that can support the creation and execution of decentralized applications (dApps). ◰◲ Technical Metrics : ▣ Mrkt Price: 33.13 ₮ ▣ 24HVol: 2,632,355.797 ₮ ▣ 24H Chng: -2.415% ▣ 7-Days Chng: 1.58% ▣ 1-Month Chng: -10.25% ▣ 3-Months Chng: -21.64% ◲◰ Pivot Points - Levels : ◥ Resistance: 38.03 | 41.13 | 48.55 ◢ Support: 30.61 | 26.29 | 18.87 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: -1.06 ▣ Last 90D: -1.45 ▣ Last 1-Y: -0.40 ▣ Last 3-Y: 0.82 ◲◰ Volatility : ▣ Last 30D: 0.64 ▣ Last 90D: 0.53 ▣ Last 1-Y: 0.68 ▣ Last 3-Y: 1.18 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.54 - Bullish ▣ Reddit sentiment score is 0.83 - V. Bullish ▣ In-depth EGLDUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -by Crypto2AFUpdated 3
Possible RD+ in weekly timewe see possible RD+ with RSI, MACD goes weak and try to become zero and even positive. we can have some EGLD in our portfolio. I recommend to buy is spot, not future.Longby SmLegion223
EGLD Wyckoff AccumulationThe present market structure of EGLD shares similar characteristics with that of a typical Wyckoff Accumulation Phase. The recent capitulation below 30$ would indicate the 'Spring' event, as mentioned in the Wyckoff theory. For the coming months, we can expect support tests on the USD pair, in range of 35-40$. Against BTC, EGLD could see levels below 0.001, as Bitcoin in the leading asset (driven by institutional buying (spot ETF's etc.)) in this class for the time being. In either Q4 '23 or Q1 '24 we can expect a breakout of the accumulation range, up to 160$ for further continuation.Longby robkarels226
Elrond historic move don’t miss out!!👀 🚀EGLD today analysis💎EGLD is ready to make a significant move. It has been trading within a descending channel for the past month, holding firm at the lower low. 💎 Currently, it's situated in a high-demand area within the channel, and the overall market positivity could signal a bullish trend. We're anticipating a breakout soon. 💎Another key point to note is that EGLD is nearing a crossover with the 50-day Exponential Moving Average (EMA). If it can sustain its momentum above this line, it could indicate a strong upward move. 💎The volume is also showing promising spikes, which could trigger a bullish move. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey! Longby MyCryptoParadise_Simon335
EGLDUSDTEVERY CANDLE HAS LIQUIDITY. PRICE ALWAYS NEED LIQUIDITY. Nobody Knows Where is Price Going. Hey traders, here is the analysi. If you guys like my analysis please hit like?? and follow. Thanks. DISCLAIMER- This is not financial advice. SMART MONEY CONCEPT. identify Liquidity Or Become LiquidityLongby Asif_Brain_Waves0
EGLD USDT NO FOMO 🛑In the chart, you can easily see that every time EGLD reaches this trend, it immediately drops by 35%. I don't trust the trend line, because most of the trend lines are made to break, but it's better to be careful. ⚠️ Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYORShortby MadoirUpdated 3313
EGLDUSDTit's doing double top now this is touching low time demand. probably this will touch next big supply zone.by purevbattugsbva222
EGLDUSDT Elrond price prediction : its possible that Elrond will complete this scenario Longby Saeed_Cyrus223
EGLD 1W 6$EGLD has experienced a breakdown, indicating that both investors and sellers can continue selling. It has entered an accumulation phase, which may last for a couple of years. The nearest price target on the weekly chart could be around $6. Currently, altcoins are struggling, and even Bitcoin has not undergone a significant correction. Just imagine the impact when Bitcoin eventually experiences a correction of, for example, -20%.Shortby KeylessCrypto882
EGLD/USDTAnother bullish set-up my Indicator shows me with the same conditions as shown in the previous Idea. Would be better if we have a positive histogram in positive enviroment, but seems allright as long as the blue and green are out of The dark cloud. Using less risk on this one. Stay save. )))Longby papygrecko224
Potential for Long-Term GrowthIn recent weeks, the EGLD currency has continued its downward trend, persisting within the midline of the descending channel following its reaction to the resistance range of $48-50. Notably, there have been numerous price collisions with the midline of the channel, indicating a high level of interaction. Furthermore, the RSI (Relative Strength Index) currently stands at 36, suggesting a moderate level of momentum in the price movement. This reading implies that EGLD is neither significantly oversold nor overbought at the moment. It indicates a state of equilibrium or a potential period of consolidation in the market. On the chart, there is a lack of strong indications for immediate price growth. However, it is worth noting that the EGLD price has approached crucial support levels around $35 and $32.5, which are considered short-term supports. These levels may experience positive fluctuations in the near future. In addition, two lower supports should be taken into account: one at $28.5 and the other at the bottom of the channel at $25.5. These supports exhibit substantial reactive power, potentially capable of triggering an upward reversal in the price trend within daily timeframes. Considering the RSI reading and the support levels mentioned, there is a reasonable expectation for favorable long-term growth within the identified price ranges. However, it is crucial to consider other factors and indicators to gain a comprehensive understanding of the market conditions and make informed trading decisions.by MonoCoinSignal101024
TRADE OF THE DAY | EGLD | 11.25% | Tracking Down In The Wedge TRADE OF THE DAY | EGLD | 11.25% | Tracking Down In The Wedge | Targets On Chart | We are seeing a heavy test of the local support that is looking more like a bearish pullback happening along with a descending wedge which is long term bullish but short to mid term bearish. The Bearish Divergence is a good confluence to have here to see it drop a little more to targetShortby Kryptochristian885
EGLDUSDT 1 DAY TFEGLDUSDT 1 DAY Time frame descending traingle breakout wait for confirmation entry after retest. target 1 near by 200 EMA and if it breaks then we wait for target 2Long02:49by VishuRatnani2
EGLD/USDT TRADE SETUP! 25% PUMP INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this EGLD/USDT scalp trade setup. EGLD looks good here. Breaks out from the falling wedge-like structure in 4hr time frame and currently retesting it. Long some here with tight stop loss. Target1:- $38 Target2:- $41 Target3:- $44 Target:- $46 SL:- $34.80 Use low leverage:- 5x-10x If you like this idea then do support it with like and follow. Thank You!Longby CoreCrypto118
EGLDUSD ❕ above the support zoneEGLD confirmed the boundaries of the support area. The price bounced several times from the current area. I believe that the asset will bounce again from the support and will continue to grow.Longby Solldy9
EGLD ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL 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 Youby behdark9
EGLD linear regressionI draw some lines, looks about there so yeah.... EGLD is good so pamp it!Longby SemiBoggedNem116
egldusdtthis is touching demand zone. then it did choch. i think this doing trend changeby purevbattugsbva4
EGLDUSDTHello my dear friends, *Mars Signals Team wishes you high profits* This is a 4-hour-time frame analysis for EGLDUSDT Here we see R4, R3, R2, and R1 as our resistance areas in which the unsuccessful attempts of price to rise is obviously seen. S1 is a long-term support area that has the support of price since the pas and S2 in another support area at the bottom of the chart. The price was supported well at S1 at several great points and after its failure in break toward S2, the price could experience a noticeable rise up to R4. There it was rejected and gradually had waterfall decline and via a descending behavior, it fell into S1 area. Presently, we see it is fluctuating above our first support area after having a negative Marubozu Candle and we believe the price will be supported here and after some fixation, it continues its increase upward to R1 or even over than that via more fluctuation there. Our resistance areas such as R2, R3, and R4 are the great points for saving your profits. So wait for the price to break each of them upward and then after having more fixation and having a retest, you are able to put your trade orders and wait for the price to rise more. Note that by the time the price is moving over S1 area, the possibility of a decline is not so much high. In case the price loses the support at the current point, it move below S1 and experiences a decline down to the second support area. Then we should wait for it to be supported well and on its returning trend upward, we can put our trade orders. We recommend you to wait for future and even for some signs in order to make sue of the next trade action and then have more precise prediction for you. Be aware of activating your stop-loss in order to have less loss and less risky trades. Please be attentive to wait for some confirmation candles in order to make sure what will happen next and act precisely and well. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care by MarsSignals5