egldHey traders, here is the analysi.
If you guys like my analysis please hit like👍 and follow.
Thanks.
DISCLAIMER- This is not financial advice.
EGLDUSDT trade ideas
EGLDUSDT | EYEING A BREAK...
EGLD is testing the important level, and the chart looks fascinating.
The price could move up and break above the resistance zone and test the 54 level .The bulls are printing ullish candles nar the resistance zone that favors bullish trend in future.
Manage your trades accordingly.
EGLD HTF LTF resistanceEGLD at top of parallel channel in HTL and triangle break down in low time frame
EGLD nice mid-long term hold broke resistance with nice volumeEGLD nice mid-long term hold
3x -- 5x leverage also nice to trade
Market Cap: 1.1B
Category: Elrond Ecosystem
Target 1: 52.16
Target 2: 56.76
Target 3: 61.31
Stop Loss: 38.64
Manage Risk - have a stop loss in place
Not Financial Advice
This is for Entertainment Only
Accumulation with Spring before BTC halving?This is my bet if we are currently in an accumulation phase for EGLD on the USDT pair. I combine the pitchfork with the Wyckoff accumulation schematics, where I am considering a spring event that takes EGLD around 30$. The next top coincides with the median of the pitchfork which is considered a big resistance.
Updated EGLD/USD TargetsUpdated my sell area for EGLDUSD. The ALTs seem to be making retracement, or possibly even bullish moves. I expect a lot of 1.618-4.23 runs.
The bottom is not in. Safety is still sexy.
Possible inverse Head and Shoulder formation for $EGLDWe could see a possible bullish head and shoulder pattern play out for this pair.
Despite this, I am currently in this trade, with multiple SL's on the way. Remember to TP along the way, welcome to use the resistance/support lines shown, however make sure you do your own research.
Happy trading. Good Luck!
EGLD long term scenarioWe have strong buy SIGNAL on 1W TF. Also, I've marked some fibo levels, and the TF for what I belive is to come.
RSI is also out from this selling channel.
We have to say that MultiversX has a looot of amazing fundamentals.
They are going to launch a product once on two weeks from now till may 2023. Also, they have one of the most serious teams in cryptoworld. Great TECh, super fast chain, amazing comunity!
I'm all in EGLD and MultiversX.
This is not a financial advise!
It's jus my opinion.
Cheers GUYS!
EGLDUSDT Impulsive PA| POC Resistance| Weekly S/R| Trend Evening Traders,
Today’s analysis – EGLDUSD – trading towards an area f resistance where a rejection is plausible,
Points to consider,
- Price action corrective
- POC Resistance
- .786 Fibonacci Resistance
- Weekly S/R Resistance
EGLDUSD’s immediate price action is trading towards an area where there is technical confluence with the .786, POC, and two HTF levels, allowing fr a bearish bias.
The immediate objective will be the lower Int-Daily S/R, testing this region will create a local trading range.
Overall, in my opinion, EGLDUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“This lack of support is not simply an absence of encouragement. It can be as deep as the outright denial of some particular way in which we want to express ourselves.”
― Mark Douglas
egld usdtElrond cup&Handle short term.
T : 50+
SL : 38
Fo futures, 10% now, 20% 39 and 60% 35-37$
Fundamental elrond is worth long term.
Egld/UsdT - Daily - Wyckoff Accumulation A possible Wyckoff Accumulation on EGLD/USD in the next coming mouths.
A invalidation can be when is not able to reclaim 38$ level
Let`s see how is playing out !
EGLD ready to break out
EGLD is still in consolidation between the longterm trendline and the EMA 50D.
Volume indicator MFI has been almost broken the resistance and so does OBV.
If break-out happens (likely), ELGD will have a good chance to reach november 2022 level (i.e +50%).
A referenced SL would be below the EMA 50D ($38.7).
EGLD in a potential pointIn weekly time frame there is a massive falling wedge pattern and finally the breakout has confirmed
we expect the price will raise to 64$ in next few days
Targets: 64$. 93$. 133$
Stop loss: 27$
Dont forget to support us with ur like and tell me in comments what do u think?
Good luck for all💙
EGLD: SHOWS INCREASE VIEWEGLD: SHOWS INCREASE VIEW, on this reason we follow this coin for day trading.
EGLD Short 15dk QUICK SCALPEntry Price: 42.15
Stop Price: 42.81
Take Price: 41.64
RSI:64.90
Stochastic RSI: 86.67
RSI Divergence:Yes
EGLDUSDT | IMPORTANT ZONEEGLDUSDT has been trading near the horizontal resistance.
The bulls need to break above the level.
The price has keep holding a rising support.
We are expecting bulls will break above the resistance zone .
Manage your trades accordingly.
EGLD... more bull trend coming if..after all market turned to positive side now price is forming
an inverted H&S signs for more uptrend coming in next days.
to form this bullish pattern it is important the dynamic blue area
on my chart can hold the price upward.
so if that condition satisfied us and price broke the neckline then
we can expect more gain. our main targets would be the resistant
levels on the chart.
Enjoy the market
EGLD LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to scalpy 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
EGLD accumulationI'm not bullish about the market right now. And I'm not gonna take a serious position because of this but i just thought it's interesting to watch.
This is a ~19 days of accumulation right now. It's not much but still looks interesting. This is just something I wanna watch and possibly learn something.
RR=2 buy ideabreakout and pullback of inverted head and shoulders' neckline after formation of bullish crab pattern + strong RSI divergence
PS : never risk more than 2% of your capital per trade
