#EGLDThe falling might be over here.
As RSI is printing RSI is showing bullish divergence.
Send it $350
EGLDUST trade ideas
EGLD projection on a weekly time frameThis projection is based on the past trajectory of EGLD moves.. of course if the world as we know it don't collapse.
The descending channels are very similar and so far the ascending channel too. We already had as SoW the rejection of the middle of the channel, bottoming and recover. Of course the end of the run (dates and values) are based on the slope angle and time from the posterior up run.. The wide of the channel can vary accordingly to the volume trade.
I wold be very happy if something like that plays out.
⚡️⚡️ #EGLD/USDT - Potential 107% ⚡️⚡️⚡️⚡️ #EGLD/USDT - Potential 107% ⚡️⚡️
Note: Strong News Dropped / Coming to end of consolidation / BTC could pump soon
Entry: 144.56 - 128.27
Target 1: 159
Target 2: 196
Target 3: 220
Target 4: 266
Stop-Loss: 118
"Elrond Network Acquires Payments Firm Twispay, Wins E-Money License
Elrond said the approval to issue regulated e-money across Europe was granted by the National Bank of Romania."
#EGLDUSDT looks prime for 350% Rally!Welcome to this quick EGLD/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#EGLD/USDT looks triangle pattern create and 350% Rally confirms and long term hold!
Entry:-$113.05
$139.01
Target:-350%
Stoploss:-$96.34
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of EGLD in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
EGLD expecting 215-235Higher timeframes (W, 3D, D) momentum indicators are showing a potential reversal. In confluence with LTF (4H) breakout, we could be seeing this play out to the 215-235 area. This would set a HL-HH structure, meaning that further upside is due. All depends on king BTC turning bullish. For my take on BTC, check the linked ideas below.
SHORT? or LONG? (double high)if this will go bellow 147 i will go short, but if it doesnt cam thru the 147-150 area and bouce more up i will go fort long
trade safe, do your own research good luck yall
🔥 EGLD Desperate For SupportWith EGLD finding support late January, a bullish channel has been formed on the chart. This pattern goes back all the way back to 2021, so we should definitely pay some attention to it.
Over the last couple of days, we've seen another bounce from the lower trend line. If we can get some bullish news in the coming days, I'm expecting a move towards the $200 area. However, if we get more bearish news, there's a decent chance that we're going to end up below the support. In that case, $100 might be a realistic target.
Happy trading!
EGLDUSDT is testing the daily resitancethe price is creating a descending channel on the monthly support on the daily timeframe. The market is testing an important resistance right now on the 162$.
On the 4h timeframe, we can see a breakout from the 4h dynamic resistance.
How to approach?
We are waiting for a breakout from the 160$ and retest the current resistance as new support. Only if the price is going to satisfy our rules we can open a new long position
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
MIDTERM SETUP ON EGLD...!
This might be amazing setup on EGLD after breaking that trend. Make sure to add stop limit.( mandatory )
Elrond (Low risk Long)EGLD Has been trading inside an Ascending channel for the past year. Currently we are in the bottom in the channel and above a strong support. Also, we see A Double bottom price Action. This zone looks good for An low-Leveraged Low risk Long position.
$EGLD $BTC
EGLD/USDT, LongIt is good to long at Support 134-133.5, but it's a bit risky for a swing trade, if you wanna take a leveraged trade then this 134-133.5 support is for you, you may use 10-15x leverage and take your easy profit of 26-30% with SL of 6-11%, if you wanna take a swing trade so wait for wedge braking and wait for a hard close..
Elrond and the rest of the market going to the moon!Most likely this year we will see the largest transfer of wealth in crypto. Just be patient!
EGLD/USDT ANALYSIS:👉 On first glance, you can see that we are still in a clear downtrend. (Lower Highs + Lower Lows). For me to become bullish on this, I want this structure to be broken, ideally with a Higher Low, followed by a Higher High.
👉 We have been following 2 main diagonal trendlines: 1️⃣ the upper trendline has acted as a resistance for 3 times now. Breaking this and we are off higher. 2️⃣ The lower trendline has acted as resistance as well, but we managed to break above this, so if we can hold it on the retest, we go higher.
👉 Fibonacci tool on this recent upmove gives us a good level for our entry at the 0.618 level. This level (or the diagonal trendline retest) would create a Higher Low, meaning we break the excisting downtrend.
👉 My first and obvious Targets would be the open liquidities, formed during this downtrend.
Hope you found it usefull!
Let me know in the comments if you want me to look at your coin suggestions!
Oli 🤝
🆓Elrond (EGLD) Feb-25 #EGLD $EGLD
The buying force at 130$ is quite strong after EGLD retested this support zone. In the next few days it could rally back to the $160 or $200 zone. Pay attention to the $160 zone because selling here is still very strong
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 130$ zone
🔴Buy : 140 - 130
🔴Sell : 160 - 200
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 130$ zone
🔵Sell : 130
🔵Buy : 100
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
$EGLD price actionIf is true that history doesn't repeat but sure rimes, take a look on thos channels. If we continue saling in this direction, i'm expectin something like this. First thing would be testing the middle of the new ascending channel as SOW, then rip.
EGLDUSDT Price created a big bearish flag on the 4 hr timeframe. There is also an N wave that was recently created, price broke and retested the order-block and (should) head to the 100 % on the fib extension tool or lower.
EGLD Cheat Sheet 112-day intervals WTF?
I spotted this one evening and couldn't believe how well it all matched up. Seriously, have a scroll around and let me know what you think :)
egld cand this happen? 51kA projection for egld using ew on log scale , i think is possibile , total suply is in millions just like bitcoin , we will live and see
EGLDit seems that EGLD is going to start a rally, as you can see bullish candles are way stronger than bearish ones, besides Oscillator on HTF is appropriate but not perfect, also price is going to break the triangle. also Fibo 61.8 of the last leg hold price very strongly. so I would enter a position of 1:7 RR.
EGLD/USDT Elliott Wave countTaking a closer look at the wave structure i saw that structure at wave C that marks bullish reversal its overlapping so I think we gonna have a bigger WXY corrective structure that will push higher. We are now into wave B maybe a triangle and a break of it support will go for wave C form X bigger wave.
