$EGLDI think that the movement of the market may still be downward. The structure in TOTAL may bring a test of the support zones below. I will be taking a small long position in each area I show.
EGLDUSDT trade ideas
EGLD TESTING WEEKLY SUPPORTIf you have been following along, you have seen me share EGLD entries at roughly $23 and $38 in this cycle. That is, of course, after this was the biggest newsletter trade ever shared when this coin was 10 sats vs. Bitcoin as ERD. We have traded this for many 100xs on multiple occasions.
I am not sure that same opportunity exists now, but we do have EGLD breaking and retesting a key weekly level right now. If it holds, the next resistance is almost 2x away. $69 --> $120.
🚧EGLDUSDT will Go Up Again🚧 Road Map(DAILY)🗺️!!!
➡️EGLD has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which EGLD is in, Is a Bullish Flag Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (flag pole) to happen!
🤑 Stay Awesome my friends.
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Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
EGLD One more?IF retrace is given, take it. Might wanna stop buy this one
We had a sharp wave 2 , will we see a sideways triang or flat?
After the completion of (5) we might look for a short oportunity.
Send it. If its clean
EGLDUSDT Probabilities for a 60% UpswingEGLDUSDT persists in honoring the uptrend trendline, maintaining movement within a long-term ascending channel. Notably, the previous supply zone has transformed into a respected demand area, significantly bolstering the likelihood of sustained uptrend continuation.
This favorable price action significantly heightens the probability of a 60% price surge in the imminent days or weeks. The key resistance at the $75 area, validated by a double Fibonacci level, stands as a crucial indicator for potential price movements.
In summary, EGLD appears notably positive at this stage, with an evident uptrend, demand zone validation, and potential for significant growth.
EGLD - FORMING CUP AND HANDLEEGLD is forming CUP AND HANDLE..Possible play may rejected around 68.4801 resistance. The support may bounce at 64.6912 or .236.. If resistance is break possible TP area 75.5635 or 87.0965...
EGLD 200$ by Feb 11th?I love the idea of fractals, specially when it is to see a revival of a huge parabolic run.
Are you a believer of the 1.618 religion?
EGLD - Triangle Pattern. Reversal or Continuation?Price is consolidating in a Triangle after a strong down move.
This compression often precedes a strong price move.
Use bracket entries to enter trade as could be either a reversal or a continuation.
Watch volume for confirmation.
Egld 1d is bottomed at this level I believe EGLD is bottomed at this level and it is trying to breakout these levels with higher volume.
It hit the fibo 1.27 and rebounced to the bigger falling wedge
There are short term goals, mid and long term goals, so try to manage your risk accordingly
All the best insha Allah!
💡Trade Idea #EGLD/USDT:Facing a massive resistance zone. #EGLD from the bottom increased by +182.76%. If it breaks this resistance it can start “mooning” again, but I smell a FOMO in the market. Be careful.
EGLD - Flying or CrashingWill experience resistance as it enters the 63.0-63.5 zone.
If it gets through it the next target could possibly be the 70.0 round figure
EGLD/USDT Bullish Continuation from Demand Zone? 👀 🚀MultiversX💎 Paradisers, let's zoom in on #EGLDUSDT as it's shaping up for an exciting market opportunity. Currently, it is showing signs of a bullish continuation from a key demand zone.
💎 Taking a glance back at #MultiversX, it's been consistently navigating a descending channel, breaking above, and then climbing upwards. Right now, the market sentiment is leaning towards selling, but here’s the twist - CRYPTOCAP:EGLD seems primed for a bullish leap from the demand zone at $53.81, potentially soaring towards the major supply zone at $102.20. It’s like gearing up for a market jump!
💎 But, as any seasoned #EGLD trader knows, crypto markets are like a game of chess. If EGLD doesn’t ride the bullish tide and instead takes a dip, it's time to consider our Plan B - rallying from a lower support level at $46.81.
💎 And a crucial point to remember: if #EGLD breaks below this support level, it's a signal to gather around the strategy table. Such a move would mean it’s time to recalibrate our strategies, adapting to the evolving market landscape. 🌴💰
EGLD/USDT it required break the resistance to continue upward!!💎 EGLD has undoubtedly captured significant market attention. It executed a flawless breakout from the supply area, marked by substantial volume and a robust green bullish candle. However, encountering a formidable rejection in the resistance area prompted EGLD to initiate a retesting phase at the demand area spanning $38.20 to $36, which previously served as the supply area.
💎 Presently, EGLD is in a consolidation phase within the range of the resistance and demand areas. To sustain its upward momentum, EGLD needs to break out of the resistance. A successful breakout holds the probability for EGLD to smoothly ascend and reach our target area. However, failure to attempt a breakout in the near future may lead EGLD back to testing the demand area.
💎 In the event that EGLD revisits the supply area of $38.20 to $36 and undergoes a breakdown of the demand area, there's a likelihood of EGLD descending to the subsequent lower demand zone at $33 to $30. EGLD retains a chance for an upward reversal, contingent on a bounce from the demand area at $33, reclaiming the support level at $38.20.
💎 The unfavorable scenario unfolds if, during the retesting at the demand, EGLD struggles to sustain its position and breaches the demand area. In such a scenario, EGLD would revert to a bearish movement, potentially retracing to the robust support area.
EGLD/USDTperfect example of SEED_WANDERIN_JIMZIP900:EGLD that you should not be leverage trading, you can actually make safer money on spot positions and better R:R
we are talking about a 77% move up on a breakout, who wouldn't want that?
EGLD A short would be nice from hereOn this pair Egldusdt i expect volatility coming soon.
Marking the trigger points and looking for shorts from here.(Scalp)
Targeting 41-42 area initially (might go way lower if we analyze in HTF).
Trade Type: Risky
Note: Not a financial Advice.
EGLD/USDT SETUPCurrently Egld Just Break The Box That's Consolidating More Than 2 Days And In My Opinion It Will Give Us A Sharp Movement.
EGLDUSDT in a flag pattern 🚩#EGLDUSDT placed in a flag pattern 🚩
📈 I think there is another upward wave 🌊
⭕ However, I am still waiting for it to go out of the pattern and then make a decision 📊
📝 What do you think?
EGLD/USDTThe trendline has breakout and a reversal has occurred, but a correction is needed first to continue the increase to a higher price
Bounce off support Zone with a Breakout from trendlineSend it! Here to help you reach financial freedom this bullmarket the easiest way to learn while you earn. Read our bio and check our previous ideas to learn more.
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This trade has a strong support Zone where the price continuously bounces from after touching. Then the tight consolidation supports this idea as it has broken out from the trendline!
• 👉 Leverage: 5x ISOLATED
• ⎿ Target 5 : 64 190.85%
• ⎿ Target 4 : 58 126.1%
• ⎿ Target 3 : 52 61.3%
• ⎿ Target 2 : 49 28.95%
• ⎿ Target 1 : 47.9 17.05%
• ⎿ Entry : 46.32 - 100%
• 🚫 Stop: 42.3 (-43.4%)
