egld doesn't look goodegld made a weekly obo, if the pattern works, it goes down to the bottom yellow
EGLDUSDT trade ideas
EGLDUSD ❕ above the support zoneThe tempo of price decrease slowed down when trading volumes decreased.
EGLD is trading under liquidity.
The RSI chart is in the oversold zone (4H, 1H and 30m TFs)
BB indicator points to oversold (4H and 30m TFs).
Price and RSI have formed a bullish divergence (30m TF)
I expect price to rise if the asset holds above the support zone.
EGLDUSDTI think the 4H Egld structure is forming a new downward trend.
In this trend, the tops are strong and the bottoms are weak and we can move towards the demand area
🐻EGLD , Bearish? I'm a little bit confused about where the price starts to do the plan of the classic pattern.
but as you can see, this rising wedge pattern can send prices down.
comment down below your opinion🙏🏻
Elrond vs Tether | Up To 70% Potential Mapped (Early 4U)Hello my fellow cryptocurrency trader, I wanted to share a few charts for you before going back to meditation.
We looked at EGLDBTC but also the Tether pair, EGLDUSDT, is showing growth potential.
We are looking at short-term potential and conservative targets but keep in mind that there can always be more than what is mapped on these charts.
Cryptocurrencies, Altcoins, grow wild and strong.
There is high volatility but being conservative you can't go wrong.
My job is to give you a great entry.
My job is to call your attention to these pairs BEFORE they breakout.
If you manage to buy before the action starts, the rest becomes easy... You can just sell on the way up.
Once in the green, you've won.
Buy early and hold... Let the market take care of the rest.
Thank you always for your continued support.
Namaste.
EGLD Retesting Range ResistanceAfter a series of narrow spread and a shakeout, EGLD is back in range and retesting resistance with demand predominance in the volume. This often indicates a sign of strength (SoS), and if the resistance can be flipped to support, we can expect the resumption of upward price action. Take it up to the 1.272 to the 1.618% Fibonacci zones if this happens and limit out. Invalidate under TRS (the prior range support) if it fails the retest.
*Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts & see the win rates for yourself, then come join us!
**Not financial advice. Always DYOR and trade at your own risk.
First run coming...$207First run is coming up to $207, then it will Moon 10X up to $2000
This is a very good coin
THIS IS NOT A FIANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
EGLDUSDTThe guard price has taken an upward trend, if it can close the candle above the 4-hour candle, a buy position can be taken with the loss limit below the 4-hour candle.
It is lagging behind the market and has a good volume
#EGLD might hit 46.40 and then bullback. Egld is finishing a final 5 waves up towards a Z wave and then might bullback. I would be looking to open a short position from the fib lines shown on the chart.
EGLD BUY SETUPHello, dear traders. how are you ? Today we have a setup to buy/long the EGLD symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EGLDUSDT | SETUPEGLD after hitting a top at 65 has been trading in downtrend, The price has approached to the strong horizontal support zone The bulls took control from support zone . The broken rising support now acts as resistance. The price has been trading in range. The price need to broke above the resistance.
Manage your trades accordingly.
EGLD bull(ish) chart December 6th 2022Hi guys,
EGLD is printing an RSI bullish divergence coming out of oversold, I'm expecting price to retest the imbalance and previous neckline situated at 132$ area soon.
Got in spot at 55$.
Happy hunting !
EGLD is looking to breakout EGLD is looking to breakout if supported by BTC, As gaps getting filled and alt season moving, EGLD might look to move after some liquidity grab.
EGLD ANALYSIS
#EGLD UPDATE
#EGLD has also broken below to the ascending triangle but currently holding the double bottom support at the black box area ,on losing the black box support we do expect more pullback however blue box is still the resistance.
EGLD ANALYZE 05-DECActually its a qm supply pattern inside another qm supply patter , as a consequence, its a low risk sell setup if the price reach the qm level zone (top zone ) - the setup is shown.
Elrond longElrond broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 47.7 is possible.
EGLD: A1000x True reversal pointHello traders!
Welcome back to another episode with Analyst Aadil1000x.
A few hours ago my bearish expectation was wrong as the market pumped but this trade is completely different. This trade is derived using the A1000x True reversal point strategy.
This is the finest technical analyzing strategy ever built. Let's see how it performs now.
EGLD Sell Limit 43.59
Stoploss 44.31(-1.65%)
42.69, Target 1(+2%)
Final Target 41.84(+4%)
Fundamentalist analysis EGLDUSDTFundamentally, Elrond offers a mix of traditional finance and decentralized finance to its users and is therefore accessible to all. Financially surviving the FTX crash I believe EGLD is among the top 20 most promising coins on the market.
It's a whole defi ecosystem and developers can use the blockchain to develop Dapps and Egld, the native token, was created to rival bitcoin as a store of value.
The two core features that distinguish Elrond from other Tiers 1 are its adaptive state sharding and the Secure Proof of Stake (SPoS) consensus mechanism.
Elrond is a huge network and it continues to grow. The biggest project currently found on the network is Maiar. Maiar is a digital wallet and global payments app. Makes it easy to buy and transfer crypto from a mobile phone or Google Chrome extension.
Technically already, EGLDUSDT has been in a strong downtrend, its price has broken below major supports. Buyers need to stay in control to give bullish momentum from here.
