EGLDUSDT Analysis - 2 JANUARY 2023Hello Guys, Today's Analysis is on the EGLDUSDT Symbol in a 15m Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
EGLDUST trade ideas
Shall we BUY this EGLD?!!!hello.
happy New Year.
This year is the year of cryptocurrencies. I fell in love with the EGLD chart. If we look at the MACD chart, we can see that it has created a divergence and the selling power has fallen sharply. If the beginning of the new year Bitcoin works well, it can be seen that the support of this range is 32 to 33. Our targets for the next one or two months are clear. But if he can't keep it, it will drop to the range of 20.
MultiverseX (Elrond) EGLDDisclaimer on:
This is just sharing estimates, there is no invitation to buy or sell. All risk is on you. So DYOR.
Thank you.
EGLD 27.50 must hold Bear Flag monthly target 12.00-19.50 Not financial advice.
Moving forward
27.50 must hold and would be my first entry
We lose 27.50 I'd spread a web of orders between 12-20.00 and hold for long term.
So we have 2 concerning issues with EGLD here.
First off you can see the head and shoulders monthly rejection that was a 83% difference from baseline to top of head.
Applying that -83% that gives us a target of 12.00.
The 2nd alarming pattern is the bear flag pattern which you can clearly see we are trading under currently
27.50 is the last line of support before we truly start just tanking into 12.00-20.00 range.
This is where I'd look for entries if 27.50 dose t hold up.
DYOR
#PIK
Patience is Key
#TLAW
Think Like a Whale
$EGLD BUY Best oppurtunity Elrond buy $32-$34 sell $38 area and higher, bear market always use stop loss...stop at $32...
EGLD lost critical support of 200d trading range: Short set-upEGLD trading below 200d range. Resulting in bearish prospects until trading back above the support zone.
This leads targetting 1,6 extention of that range.
Aligns with untested monthly close of Sep20.
Forecasted potential scenario's.
38,5 would be an excellent entry.
Buying the EGLDHello traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are going to buy EGLD from the key level with tight stoploss.
BUY EGLD now, its at 38.86
Stoploss 38.72(-0.36%)
Target 1, 39.38(+1.3%)
Final Target 39.99(+2.9%)
Don't forget to hit the like button and follow to stay connected
egld doesn't look goodegld made a weekly obo, if the pattern works, it goes down to the bottom yellow
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.
