EGLD Growth Spurt: Buy Your Ticket to Profit!"**Fundamental:**
* Elrond is a highly scalable, secure, and fast blockchain platform designed for high-throughput decentralized applications (dApps).
* Elrond's Secure Proof-of-Stake (SPoS) consensus mechanism allows for fast and energy-efficient transaction processing.
* Elrond's sharding technology allows for horizontal scaling, meaning that the network can handle more transactions as more nodes are added.
* Elrond's Maiar DEX is a decentralized exchange that offers fast and low-cost swaps between Elrond tokens.
* Elrond's Metastaking feature allows users to stake their EGLD tokens to earn rewards from multiple validators.
**Recent news:**
* Elrond recently launched its mainnet upgrade, which includes a number of improvements such as increased throughput, reduced fees, and enhanced security.
* Elrond has partnered with a number of major companies, including Samsung, Vodafone, and Nestle.
* Elrond's Maiar DEX has seen significant growth in recent months, with over $1 billion in trading volume.
**Disclaimer:**
This is not financial advice. Do your own research before investing in any cryptocurrency.
EGLDUSDT trade ideas
EGLD/USDT Potential Upside? 👀 🚀 EGLD Today Analysis💎Paradisers, turn your attention to EGLDUSDT! We've observed it making a notable shift, retesting crucial support and gearing up for a bullish ascent. The break from its descending channel further amplifies this bullish sentiment.
💎 Currently, MultiversX is navigating within a descending channel, teetering on the edge of a breakout. When we align this with the medium time frame (MTF), it showcases impressive momentum. Given this, we're confident that in the short time frame (LTF), it's poised to approach our anticipated resistance level soon.
💎 Another intriguing observation: should the price of EGLD breach the support zone, we anticipate a downward trajectory. In such a scenario, it's crucial to strategize our entry points wisely.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
EGLD buy at 28 sell at 40 then rebuy at 19.50 Bear Flag PatternNot financial advice.
Classic Bear flag on weekly also on monthly and a Head and shoulders rejection on monthly charts as well.
Life trendline of EGLD is 27-28 range.
This would be my entry and look to resell right under the bear flag pendant at around 38-41.00 range
Completion of the bear flag would be a target of 19.32
DYOR
#PIK
Patience is Key
#TLAW
Think Like A Whale
$EGLD Looks Good for me Get to Know the Divergence Pattern, Here's the Explanation!
Types of Divergence
There are two types of divergence, namely Regular Divergence and Hidden Divergence. The following is an explanation for both types.
First, there are regular divergences which are signs to indicate a trend reversal.
There are two regular divergences, namely regular bearish divergence and regular bullish divergence.
Regular Bullish will occur if the chart price is in a lower low position and the indicator is in a higher low position.
This sign is an indication that a trend reversal or reversal, from a downtrend to an uptrend, namely bullish.
EGLD/USDT upward momentum? 👀 Elrond Today Analysis
Paradisers, turn your attention to EGDLUSDT! Currently nestled within a demand zone, it's gearing u p for a bullish ascent, even amidst market volatility.👀
💎EGLD has established equal lows, secured liquidity, and addressed the bullish OB at its current level. This sets the stage for a potential explosive move upwards.
💎 Another intriguing observation: while the price trends downward, the RSI showcases a bullish divergence. This hints at a probable upward shift of Elrond in the near future.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
EGLD bull(ish) chart August 2023Hi guys,
Looks like #egld is finding suport at the 25-28$ area. I'm expecting a bounce towards the 60$ resistance soon. If we manage to flip it into support the road to 125-130$ is unobstructed.
RSI went oversold on the w, should go to overbought next.
Fib retraceement level 0.382 sits in the 125-130$ area.
Be safe, happy hunting !
EGLD Technical AnalysisEGLD Technical Analysis
Egld moving in falling wegde pattern, and yesterday egld has already tested the lowes low,
CRYPTOCAP:EGLD can show a good price action relay if it can break out this fallig pattern, my expectation from egld is it will close above 60$ at the of the year.
you might not see it again in the price range of 20$, the best buying is 23$-25$
you can mark sl at 20$, im not mentioning about the targets right now i'll tell targets if it gets breakout.
I hope the Scenario i have plan will work this time.
Do your own research.
EGLD Entering Buy Zone AreElrond is one of the best project with fundamental out there, but here are our conclusion for the next few weeks:
CRYPTOCAP:EGLD - $29.13 / 1W TF
- Clearly still on the distribution
- RSI indicate it may still going further down
- Level for buy spot for the first time
- Expecting it goes to go sub $20
- Ecosystem is developing and so far the track record is great.
- Rebranding is kinda ⛳️
- Distribution has been happening for years now, and it close to the bottom until ETF approved. There will be no individual uptrend on this one…
#EGLD/USDT 12h (ByBit) Rising wedge breakdownMultiversX just lost 50MA support and seems likely to continue with the local retracement down.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.5X)
Amount: 5.0%
Current Price:
34.15
Entry Targets:
1) 35.35
Take-Profit Targets:
1) 30.25
Stop Targets:
1) 37.90
Published By: @Zblaba
CRYPTOCAP:EGLD #EGLDUSDT #MultiversX #Elrond #eGold
Risk/Reward= 1:2
Expected Profit= +79.3%
Possible Loss= -39.7%
Estimated Gaintime= 2-3 weeks
multiversx.com
EGLD Technical Analysis#egld long entry for Future and spot.
Long/buy CRYPTOCAP:EGLD 29.3-30.3$
tp1: 32.5$
tp2: 34$
stoploss: 27$
i'll provide more updates over this trade as wit will hit our entry price.
you guys can book your shiba inu trade, i have already mentioned when it hit first tp that i am holding it for quite long term.