EGLDUSDT trade ideas
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.
EGLDUSDT | BULLS HOLD SUPPORTEGLDUSDT has been in a strong bearish trend .
The price has broken below major supports.
Now price has took support at strong horizontal zone.
The same zone is also double bottom zone.
The bulls need to hold this support zone.
We are expecting bulls will took control and price may go higher from here.
Manage your trades accordingly.
#EGLDUSDTThe price has reached its daily support and is reacting. If it breaks its short-term trend line with strength, I will check again for a buy position.
EGLD In My MindeWhen I talk About EGLD That Means I talked About Second BTC
In My Mind EGLD Can Be Grow More Than 10000$ in Long Terms
EGLD SHORTHello,
Bear div h4.
H&S inverted, so the first target is probably sure.
Keep eyes on btc.
Bye
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
$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.
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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 😉
