Are they likely to fall in the $ 65-110 range?As long as BTC is not out of the downtrend and will continue to fall, then the EGLD has a very good chance of breaking the $115 level and entering the $65-110 range.
This isn't investment advice!
EGLDUST trade ideas
eGLD Retains Ascending Channel Support eGLD had a parabolic move on the launch of their latest service of the Elrond Blockchain - the Maiar DEX. After the inevitable retrace, it has found support at the equilibrium of the long term ascending channel. Looking for a continuation of the long term bullish outlook as long as the overall macro picture for the crypto markets is held.
EgLD Egld. Been charting this for the last week. I am going to keep posting about it if you guys don’t mind as I want to show the process of how to actually prove a true confirmed breakout. Yes we can play small swings on a 15 min and sometimes get a great breakout and entry howverr big money big confirmations come in with true confirmations.
This is a 4 hour and daily chart. We can see that the daily candles have not yet closed above 147. We still only have wicks above but the daily body hasnt close above.
The 4 hour candles also show us price action broke out of symetrical triangle but price is still moving slowly with uncertainty with BTC. 4 hour candle closed above stmetrucal trinagle but no 4 hour candles have yet closed above 147 and we nownseem to be getting another rejection from this level.
This is proven from 4 hour rsi rolling over here slightly as well as the rejection candle as we see the last candle we have currently has a flat top with wick below. This shows price action couldn’t exceed the 147 and stopped directly below it. If we can get a body to close above and the following candle open above and close above. This will confirm that we have now held above it and can enter a long postion. As of now peice may resort back to symetrical triangle previous resiatnce line or uptrending support previously.
This line when strexhed out, intersects around 140.19 roughly.
We also can see wicks to 150 so could make a case this is turning into an ascending triangle. A Flat top with uptrending suppor. ( see photo 3 )
Ascending trinagle can be a bullish sign as flat top patterns are bullish showing buyers are in control, while flat bottoms are bearish
Sometimes when price stalls in a range, you as and analyst are required to go with the flow and fine the next possible outcome.
Conclusion
Uptrend support at 140$ resiatnce 150.81. Or 4 hour close above 147 as earlier entry
Target 168$ when closing above 151
Stoploss below 138 if playing ascending trinagke support.
Downside target if breakdown, 126$
REALLL GOLDIT'S ACTUALLY AMAZING WITHOUT DOUBT!
ITS A FINANCIAL SUGGEST !
BE sure ALGO ,EGLD, will be next google and apple
ETHER? 2-5 YEARS TO FALLING DOWN
KING:BTC.....Metaverse: MTRG ,Penny under value : ONE ROSE, ADA andddddd:,blok,super,vlx,vet,ong,zil,icx,floki inu,doge,lith,opul
STORAGE:Ar80% BTT80% ..cross iot: Cosmos.tezos,qtum
PLATFORM FOR BE UR OWN BANK:celo95%...WEB3 : DOT90,FLUX80,KSM,99VLX98 ....PRIVACY: ONLY XMR
AI & NEW SCIENCE: FETCH,AI,(DONT HAVE MORE INFO)....STREAMING:THETHA100...dao:ant..health:vet
N3XT GENERATION : HYBRID CONS
SO U SHOULD INVEST : 70%- OTHERS:30%
TRADE:JUST CHZ,
Elrond LongCoin: Elrond
Type of signal : Spot
Entry Price : 90$-140$
Price now : 141$
Goals:
Tp1 160$
Tp2 185$
Tp3 220$
Tp4 235$
Tp5 290$
Long-Term
300$-400$
SL Hold
EGLD - Breakout of falling wedge expected soonEGLD has been on a downward trend so long after it hits its all time high. Now expecting it to breakout of the falling wedge, HA candles are turning green and RSI coming out of over sold territory. As long as BTC stays positive the previous ATH can be seen quicker
High Risk EGLDUSDT Long ScalpHigh Risk EGLDUSDT Long Scalp. 8x leverage scalp. Targets and SL on the chart. Liquidation is SL.
$eGLD and its path North Barring anymore major rugs from btc, I see this for the near-term bull case. There are many catalysts pending for Elrond which will be updated at the next Town Hall meeting, which I think will contain info that takes this much further North than what I've laid out on this chart. $egld for the win!
EGLD DOUBLE BOTTOM PATTERNHello Guys , How's Going? This Days Market Crash and BTC and Altcoin Are bloody so you should be careful and set stoploss for all of you trading and do your own RISK MANAGMENT , SO EGLD after a big Retrace now I see the Double Bottom Pattern in 4H Time Frame , but as you know Btc is unstable so im setup my Trade and you can see in the chart , first target is 142$ and if neckline break we can expect to see 170$ , NOT FINANCIAL ADVICE
HAVE A GOOD TRADING FELLAS
Where will EGLD find the bottom?If BTC continues downward channel to 30K maybe even lower, then EGLD will surely reach one of the levels we indicated in green.
This isn't an investment advice!
Next low Is Probably A Bottom...1 more low to come here before I would say a bottom is in - however I have already started accumulating crypto and I'm not too worried about things going lower for a while as these will be the easiest longs all year - Just don't run out of $ to buy.
Egld As yiu know I entere around 118s. I added on pull back from 127$ area I talked about as well. And just added here at 135$ break. As of now 4 hour cloud reistNce around 147. Target for me is 147 with high of 151$ Btc broke out of symsetrical triangle. Looking for it to clear and hold 36250. This could be setting up for a push up further. These are the first bullish patterns we have had in weeks
Should I buy EGLD now?Hello and welcome to my idea about EGLD / USDT.
If we take a look at chart we can see how EGLD just had a dump (-50%)
If u don't have EGLD you just can wait. In my opinion It will dump again probably 50%.
Let's see why.
MACD histogram show us one signal but isn't enought to be bullish on price.
RSI didn't was in over sold area yet. If we take a look in past it show us a good nivel to buy.
So we just can wait to see how price will move. If u want to be sure you can buy 10%/15%.
EGLD analysisIf the correction gives to the blue areas, it can be bought
blue line = buy
Target = green line
EGLDUSDT andrews pitchforkandrews pitchfork ML can work as a support. i am prepare for a Div Around the ML for long
🔥 EGLD At Massive Support AreaSix weeks ago I made an analysis on EGLD. In this analysis I discussed the ascending / bearish wedge pattern and the bearish target in case of a bearish move.
As of this week, the bearish target of $170 has been reached and EGLD is currently trading near a huger support area.
It's certainly possible for EGLD to drop further inside the area of support, but a weaker BTC would be needed for that. Since BTC appears to be relatively bullish in the short-term we might actually reverse from this area.
For the coming weeks I've got my target placed at $300. Not sure how much juice EGLD has left in it since it made a 70x already, but who knows.
Happy trading!
IDEA OF POTENCIAL BREAKOUTAs we are currently in a bearish trend and the trend line has proven many times to be a massive resistance.
I am waiting for its breakout and potential pump to the level around 220 USDT.
If not we will be continuing the bear trend as seen in the chart.
RSI Stoch is showing a potential value increase that could lead us to the breakout.
Thank you and please feel free to share your opinions!
egld on the 12hEgld just hit a new swing low
- There is bullish divergence using market cipher on the 12h and forming on the daily.
- using the fib tool the first target would be the .236 which is a 25% pump
- stop loss under the swing low makes this a 3:1 risk to reward trade
EGLD Falling Wedge Has a higher probability of breaking up rather than down. If trading this idea its usually best to wait for confirmation (close) above or below the pattern to take a position.
No targets provided. Do your own research.
Egldusdt Be careful who wanna long this coin
I think it going to made 4 of wave C
And small tf going to make 5 extensions
If I count don’t wrong
