EGLDUSDTwhen price breaks the trend line it can reach up to 55.5 at minimum Longby arashmalekisani113
EGLDUSDT LONGTHIS IS NOT A FINANCIAL ADVICE Conditions: 1.Fibonacci level:✅ 2.Bollinger band:✅ 3.Momentum:✅ 4.Price action:✅ 5.Volume:✅ 6.1h tf:✅ 7.4h tf:✅ 8.1d tf:✅Longby TrueUrBoss1
EGLD/USDT Range Break PossibilityTitle: EGLD/USDT Range Break Possibility Bias: Neutral to Bullish Description: EGLD trading in a tight range. SMA lines flat, suggesting consolidation. RSI neutral. Direction: Potential upside if range is broken. Entry: Break above $45.36 (24 SMA). Stop Loss: Below $39.59 (range low). Targets: $46.00 (range high), $50.00 (psychological level). Caution: If price dips below $39.59, could indicate bearish trend continuation. Keep an eye on RSI for momentum changes.by SpyMk1
EGLD short term double resistance for egld 24-25$ level , needs to close above 2-3days , to target 26$. same thing for btc pair : 950 is a resistance that needs to close above to seek for more upside for EGLD . this is not a financial advice thank you Longby youyousagUpdated 1
EGLDUSDT Descending Channel!EGLDUSDT Technical Analysis Update Buy zone : Below $47.30 Stop loss : $39.00 Take Profit 1 : $53.00 Take Profit 2 : $67.00 take Profit 3 : $88.00 Regards hexa Longby HexaTrades6
EGLD buying zonesin egld i see these buying zones : zone 1 : 38.5 -35.7 zone 2 : 28.5 -21.14 zone 3 :14.26-6 the first and second zone are the most important , dont think personally that the third zone woul be reached . not a financial advice thank you Shortby youyousagUpdated 225
🚧EGLD is Bullish now🚧 & many Traders don't see it 👀!!!Hi every one EGLD has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which EGLD is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Pennant pole) to happen! The Next target is around 93$! 🟡Summery: -EGLD has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pennant is Visible on The chart! -No break out yet! -Next Target at 93$ 🤑Stay awesome my friend. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!by CobraVanguard1158
💡Trade Idea #EGLD/USD:#MultiversX is right now inside the accumulation/consolidation channel ⏳ I believe we gonna stay here for the whole week, but who knows. This market is 24/7. Wherever it goes, I go.by planfomo12
Egld & longAfter completing the beautiful pattern, Butterfly, and finding support in the chromatic trendline, it continued its upward trajectory. It was anticipated to extend its upward move within the range of its 0.618 Fibonacci ascentLongby webmoney13543
EGLD 1H - Break out soon?EGLD has reached the resistance zone near the breakout point, but the question is whether it will happen. Furthermore, there is evident buying interest at within accumulation zone, aiming to sustain and propel the price. It requires a few hours to confirm this interest and also contingent on Bitcoin. The buyer has the opportunity to accumulate more (for some days) before a breakout.Longby KeylessCryptoUpdated 5
EGLD: Bullish PennantElrond (EGLD) technical analysis: Trade setup : Price spiked up to $50 resistance, got very overbought (RSI > 90!) and pulled back. Now it’s consolidating in a Bullish Pennant pattern, which is a continuation pattern and typically resolves in the direction of an existing trend (in this case an Uptrend). In case of a bullish breakout from this pennant, price could revisit $55. 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 : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $38 (previous support), then $28. The nearest Resistance Zone is $50, then $54.Longby altFINS2
EGLDUSDTEGLD has a beautiful momentum. It's ATH was 500 something and now it seems demand zones are quite strong. Mid-term strategyLongby Malthus-JRUpdated 1
Scalp longScalp Long, it's at support, simple support and resistance trading, nothing special.Longby Michael_Carella1
EGLD/USDT bullish scenario? 👀 🚀 EGLD Today analysis💎 Paradisers, gear up to delve deeper into EGLDUSDT as it showcases a captivating trajectory, hinting at a heightened likelihood of revisiting its upward momentum after a recent rejection from resistance. 💎 EGLD recently faced a setback from the resistance at 29.32. However, the scales tip towards a probable bullish resurgence from the 26.35 level, with the presence of a bullish OB further bolstering this scenario. Another potential pivot point lies at the demand level of 25.49. 💎 The VRVP's pronounced volume at this juncture indicates that whenever the price approaches this level, a bullish surge is likely. 💎 While some novice traders might be tempted to short at this level, always remember to stay a step ahead, analyzing the market with a discerning eye. Longby MyCryptoParadiseUpdated 7
EGLD dip! Let's see if it holds.After this insane move, it's now dipping down to support. Let's see if it holds. Fantastic RR here!Longby NatetheGreat862
EGLD Legit pump or gonna dumpDillies are great! Time to prove its not a BS pump. So going to be watching the retrace and depending on how it does, will look for an entry. I will happily miss if leaves without a proper retrace. Too risky with other assets being more technical. This could maybe be an Elliott wave Ending Diagonal down W5 is sus. Longby CryptoKnee2
EGLD BearishFormed Bearish Divergence and printed it's first LH and LL. Looking good for a short entry and is in the range of break point. Manage risk and enjoy the trade. Thank you Shortby aarishpasha8341
MultiversX $EGLD Goes Bullish, Surges by Around +100% in a MonthCurrently, it is encountering horizontal resistance. A successful breakout retest above this resistance level would signal further bullish momentum. However, there's also the potential for a rejection at this point, leading to a possible scenario of downturn.Longby DEXWireNews6
EGLDEGLD Promising for a move! This is a general idea of a possible next move! Find your Entry! Set your stoploss! Have your money Management! Two target identified!Longby Seahawks_Updated 19
EGLDUSDT.1DBased on the market data provided, the EGLD/USDT pair is currently in an overbought area as indicated by the high Relative Strength Index (RSI) values on the 4-hour and 1-day charts (86.25 and 88.89 respectively). This could possibly indicate a potential future price pullback. The Moving Average Convergence Divergence (MACD), another momentum indicator, shows positive values on the 4-hour and 1-day charts, indicating a bullish trend. However, the 7-day MACD shows a negative value, suggesting that the longer-term trend may be bearish. In terms of the Bollinger Bands (Bb), the current price is closer to the upper band on both the 4-hour and 7-day charts, which could indicate a downward price reversal in the short-term. The support and resistance levels indicate the price levels that the asset has trouble moving beyond. The closer the current price to a support level, the more likely it is to bounce back up. Conversely, the closer the price to a resistance level, the more likely it is to bounce back down. Given the current price of EGLD is 47.32, it is closer to the first resistance level on the 4-hour, 1-day, and 7-day charts, suggesting that it might face downward pressure. In conclusion, while the EGLD/USDT pair shows a bullish trend in the short-term, the overbought RSI values and the position relative to the Bollinger Bands suggest a potential price pullback. Moreover, the negative MACD on the 7-day chart indicates a possible bearish longer-term trend. Therefore, traders should proceed with caution and consider setting stop losses to protect against potential price drops. This analysis is based solely on the technical indicators provided and does not take into account fundamental factors or broader market conditions which could also affect the price.by MarsSignals1
EGLD/USD - WHY IS EGOLD PUMPING?Anyone know? Lovely breakout from this bullish wedge. Price needs to make a higher high and then it's game on. Enjoy the gains. Like and follow for more TA!Longby DU093
EGLD's Impressive PUMP: Wait $35 RetestElrond (EGLD) has been the talk of the town lately, showcasing an impressive uptrend. However, as seasoned traders know, the real test of a rally often comes after a significant surge. In EGLD's case, the crucial level to watch is the $35 mark. Only after a successful retest of this level can we determine if the recent surge is sustainable. Let's dive into this vital aspect of trading. 📈💡 The Spectacular Rise: EGLD has been on a stellar run, attracting attention and enthusiasm from traders and investors alike. The surge has been nothing short of remarkable, leaving many to wonder about its longevity. The Importance of Retests: In trading, retests are critical as they help confirm the validity of a price movement. A successful retest of a key level, such as $35 in EGLD's case, can act as a strong signal that the recent rise is genuine and sustainable. Patience During Pumps: It's a common pitfall for traders to jump into an asset during a pump, often fearing they might miss out on further gains. However, the wise approach is to exercise patience and wait for a retest. This discipline can help avoid entering at the peak of a price movement. Trading Strategy: Observation: Keep a watchful eye on EGLD's price action, particularly around the $35 level. Patience: During times of excitement and rapid price surges, resist the urge to FOMO (Fear of Missing Out) and wait for a retest to confirm the rally's strength. Risk Management: Implement robust risk management practices, including setting stop-loss orders, to protect your positions. Conclusion: EGLD's remarkable surge is an enticing development, but prudence is key in the cryptocurrency market. A retest of the crucial $35 level will help determine if this surge is here to stay. As you navigate the exciting world of crypto trading, remember that patience and a keen eye for key levels are your allies. Stay informed, trade wisely, and may your strategies lead to success. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑by AlexWhale6
EGLD: Overbought at ResistanceTrade setup : Price broke back above the down trendline and above 200-day moving average ($32), which confirmed a bullish trend reversal to Uptrend. Then it spiked up to $50 resistance. However, price is now very overbought (RSI > 90!) just as it reached that $50 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $28 (previous support), then $22. The nearest Resistance Zone is $38, which it broke, then $50.Longby altFINS4