#EGLD MultiverseX heading to $224Lovely inverse head and shoulders These next few months you will see massive #altcoin runups Please take advantage!Longby BallaJiUpdated 7711
EGLD at the Crossroads!!I went down to the crossroads Fell down on my knees I went down to the crossroads Fell down on my knees Asked the Lord above for mercy, woo-ooh Save me, if you please I went down to the crossroads Tried to flag a ride Went down to the crossroads Tried to flag a ride Nobody seemed to know me, woo-ooh Everybody passed me by.... * Beniamin Mincu is doing a countdown in Twitter that ends at the Crossroad of the two channels around January 30-31by CryptoPummel113
Zoomin' in: 140-170$I already added the comment to my other idea (linked below). A more conservative target would be 140-170$ if we are believers of the 1.618. This is when we don´t consider big wicks, we also look at the volume profile resistance levels and we look at the historical 0.618 retracement from previous all-time-high. This could be a possible channel to go there, also depending on Bitcoin ETF, when first buys will be allowed, and so on.... Longby CryptoPummelUpdated 118
EGLDUSD IdeaThe log chart for EGLD I expect an inverted H&S to form and then a strong reversal allowing the bulls to take control. This control is shown with the green bars pattern. The white dotted lines are just some areas of interest. The bars pattern tool is great. by Bixley5
EGLD's Breakout Play: Rally Ahead or False Start?Bias: Bullish Description: EGLD is poised above a key ascending trendline on the daily chart, indicating a bullish stance. The sustained price above the SMA and recent breakout suggest potential for continued upside. Direction: Upward (Long) Entry: A strategic entry would be on a confirmed bounce from the current level or on a breakout above the recent high of $71.51312948, ensuring momentum is in favor. Stop Loss: To manage risk, a stop loss could be set below the ascending trendline or the last swing low at $63.84913611 to mitigate potential downside. Targets: Looking upward, the psychological round numbers such as $80, $90, and the all-important $100 mark serve as potential profit-taking zones. Caution: Volume data is unavailable, which could impact the reliability of the breakout. Also, watch for any bearish reversal patterns or signs of declining momentum, which could invalidate the bullish outlook. Stay updated on broader market trends and news that may affect sentiment. Longby SpyMk3
LPS before boom?Bitcoin did have a huge dump around March 23rd 2023 before the bull run it is experiencing. If we would thing that EGLD is doing something very similar, I would not be surprised of having some time of dump as last point of support for the big actors to fill their bag one last time and only then go up. That also would coincide with the retracement that BTC is experiencing in the last days, that might continue to the 37-39K range.by CryptoPummelUpdated 3
EGLD: parabolic curve in 4hTo complement my previous idea, we can see the possible parabolic curve that EGLD would be forming. Again, be ready for surprises, the last point of supply (LPS) can happen violently, I would not leverage.Longby CryptoPummel5
Christmas rally?: 90% up EGLD could very well be doing a parabolic curve in the 4h range. This is another way of seeing it, within an ascending channel, with the corresponding FIB extensions drawed from the lows of October. This could be a FOMO, or could be not. We could also have some bumps in the way, but Santa is around the corner, I can feel it! Target: 119$ (+90%)Longby CryptoPummel3
EGLD finishing redistributionI am sharing here this idea where the usual steps of Wyckoff redistribution hare happening, after the highs of the top before starting the consecutive declines. Shortby CryptoPummelUpdated 2
EGLD/USDLately, some news and hype happened around this coin in the crypto market social media I do not get why ppl tend to jump in this kinda PA only price tags to be interested in this coin are around 12 and 3 $ area we will be buying this there.Shortby Sepehr_sky2
Don't be fooled, still bearishI don't believe EGLD is going to go higher. Not just yet. I drawed the two options, one slightly better than the other, for the next 6 months. Right now, it is clearly rejected from previous S/R levels and from the 9 weekly moving average.Shortby CryptoPummelUpdated 112
Get Ready for 2023 Lower Low and a bigger higher lolThe current price is ok but to generate enough holders for 2023 we need a decent dip. Any of the green lower lines would create a strong positive outcome. Previous trades was outstanding and performed very well. Coinbase is listing so i assume there will be alot more volume next year to make this chart a reality. That all i have to say. Will update when i get a chance but all you really need to do is buy the next lower low and hold.Shortby UnknownUnicorn20315852Updated 554
LONG WAY TO PARADISEWell, I wish that I could tell you it was easy, Just take the paved road right to paradise But the truth is my friend, the pain and suffering never ends Make amends with medicine, amnesia, and lies The grains sift coarsely through the hour glass And they pound like boulders on the brain All those things you did for fun, Never hurting anyone, Careless shadows in the sun, just empty and lame And it's no, it's no use thinking that you're wrong The past is old and gone It's best to move along and find your Avalon...by CryptoPummelUpdated 118
EGLD MultiversX top buying zonesHi everyone, here's a scenario for EGLD that, let's say, takes a hefty beating. Unfortunately, EGLD has opened a door to one. Sadly, this scenario could pave the way for a downward impulse in this Main Zone Z (in blue). Essentially, the Z's can do anything. The strongest structural supports are found at $24.66, $21.12, $19.70, $10.36, $9.18, and $7.33. The pole of the LARGE M Pattern formed points to $7.83. We also have the fibs that position the Z around $20, $10.87, $7.52, or $4.03. I really like the potential zone ranging between $10.36 and $6.30 if the 19.70$ doesn't hold. Liquidity is currently "manageable," but stagnant. Interest rates are high, and inflation is fluctuating. This could impact risk assets in the coming months. The consumer price index continues to rise, with an increase of 22% over the last five years. The Fed's reverse repo facility is a good indicator to monitor the Fed's monetary policy. It is currently declining, affecting liquidity in the financial system. by Crypto_Mercy5
Bearish case if we are in Distribution!So we need to overcome 30 weekly average to be bullish. If not, I would say we can repeat the rejection of the past and go as far down as 23$ as a final step by end of March to recover from there, as last point of the Wyckoff distribution schematic. I estimated target bottom by looking at previous S/R levels and using a pitchfork to get the diagonal lines that cross that S/R levels.Shortby CryptoPummelUpdated 112
Elliot Wave count on EGLD/USDOn this EW weekly count, it seems that we are in the buy zone. The 1-2, and 3-4 legs respect the EW rules and they hit the targets accordingly. The fib levels also confirm this scenario. This is a long-term play but the good part is that the longer the time interval the higher the probability of working out and of course the higher the payout.Longby Paulecolor228
Elliott Wave Analysis EGLDUSDElliott Wave Analysis EGLDUSD Details on the chartLongby UnknownUnicorn141912583
Elliott Wave Analysis EGLDUSDElliott Wave Analysis EGLDUSD Details on the chartLongby UnknownUnicorn141912582
Scenarios for EGLDWe just broke Resistance 1, but there is another Resistance 2. Even for Resistance 1, it could be a Fakeout. As per the Wedge that has formed, I would be inclined to see three touches on the lower side (only two for the moment), so I would not be surprise to go under previous low, also as a spring of the accumulation. This is still a bearish evaluation, less damage that in my previous related idea (see it linked).by CryptoPummelUpdated 222
✴️ Elrond Back Above Support | Bulls ConfirmedThe blue dashed line on this chart marks the low that Elrond (EGLDUSD) produced back in January 2023/December 2022, this is a most important level as it precedes a bullish wave that followed a strong bear market. Seeing this pair going below this level is definitely bad news, the good news is that EGLD is now back above it and this confirms the bullish bias. With the bullish bias confirmed, we can expect prices to grow. The MACD is still below zero (bearish zone) yet trending higher and already showing a bullish cross. This tells us that the tendency is bullish and we have plenty of room available for growth. Namaste.Longby AlanSantana1115
$EGLD bullish scenario.BINANCE:EGLDUSDT Investing in cryptocurrencies like MultiversX TSXV:EGLD can be uncertain and risky. The technology is still new, and it's hard to predict the future. There are potential issues with regulations, security, and whether people will actually use these digital currencies. Cryptocurrency prices can change a lot, sometimes very quickly. It's important to be mentally prepared for these ups and downs. It's best to think long-term and not make impulsive decisions based on short-term changes. Regulations for cryptocurrencies are still being figured out, and they can affect how things work. There are also security risks, so it's important to protect your digital assets with secure wallets and good online security practices. Before investing in MultiversX and TSXV:EGLD or any other cryptocurrency, do your research, understand the risks involved, and be patient. It's a new and exciting opportunity, but it's important to approach it with caution and a long-term perspective.by Crypto-Tortuga227
Some EGLD HOPIUMIn shadows deep, where darkness hides, A flicker stirs, where hope abides. Through weary hearts and troubled souls, It whispers softly, making us whole. In dreams we seek, a distant shore, Where troubled waters rage no more. With eyes alight, we dare to dream, And find in hope, a steady beam. Though storms may rage, and winds may blow, Hope blooms within, a light to show. Through darkest nights, it guides our way, A beacon strong, come what may. Yet, caution sings, a subtle tune, For hope can wander to the moon. In opium's guise, it may deceive, But true hope's touch, we must believe. So let us seek, with open eyes, A hope that's pure, that never lies. In balanced steps, with hearts set free, We'll find the hope that sets us free. Signed by: chatGPT :-DLongby CryptoPummel4
EGLDUSD hit the 1W MA50 for the first time in 1 year!Elrond (EGLDUSD) hit today its 1W MA50 (blue trend-line) for the first time since April 2022. If it manages to close a 1W candle above it, it will be a major buy signal. On top of that, the long-term pattern appears to be an Inverse Head and Shoulders (IH&S), which technically is a formation that emerges on market bottoms. As a result, if we get that 1W candle close above the 1W MA50, we will buy and our technical target will be the 2.0 Fibonacci level at 93.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot2214