It seems that egld has reached a suitable support range and is preparing for a medium-term upward movement.
💎Get ready for a potential breakout with #EGLDUSDT as it nears the upper boundary of its descending channel. Currently testing the upper limits at a crucial support of $35.15, there's a robust chance for #EGLD to smash through the channel, powered by the momentum it has built up. 💎If #MultiversX stumbles and does not sustain the push from the $35.15 level,...
MultiverseX seems to be in the last bearish triangle that targets ~$30 before the bullish macro trend starts.
This is an analysis of the EGLD/BTC pair which I mentioned in my previous EGLD/USDT analysis. I've linked my previous analysis of EGLD/USDT in this post.
MultiversX has been in a bearish trend since late 2021. but I think the bearish trend ended after the price passed the red supply zone in early 2024. If the counting is accurate and the volume of EGLD/USDT increases I expect it to see a new all time high in the future. On the low time frames I see a golden opportunity to enter it @ $30 with a stoploss below $21...
EGLD need no introduction as its project promises unique features as well as its price skyrocketed due to increasing popularity. EGLD's corrective wave didn't dropped much, currently price resting at 0.382 Fibonacci level and been oscillating at this level for a while. Have to wait and see if price can break upward and start a new impulse wave or going down...
EGLD - WEEKLY , BOTTOM HERE? This chart is on log chart view so, bassically, now we are still in an upptrend , and the bullmarket for it will came after the 79$ break.
Hi everyone! The CRYPTOCAP:EGLD price has breached the 61.8% Fibonacci level. It has just reached the entry point of the M neckline (green zone), which serves as a support area. In my opinion, at some point, CRYPTOCAP:EGLD is likely to attempt reaching the minimal retracement target of a wave 2, which corresponds to the 0.382 Fibonacci level at $48.35....
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💎 Paradisers, focus on #EGLDUSDT, as it's showcasing a pattern that strongly suggests a bullish surge from its support level. 💎 #MultiversX is currently flirting with its resistance level, teetering on the edge of a breakout. It's nudging the short-term 0.618 Fibonacci retracement near $55.45 but has recently faced a setback at this fib level. 💎There's a chance ...
💎 Paradisers, #EGLDUSDT as it unfolds a significant pattern, nestled at a crucial support level, and hinting at a potential bullish upswing. 💎 Observing #Multiversx's recent activity, we've noted a trend of breaking to new lows, suggesting a prevailing bearish sentiment. However, a notable aspect is the potential for a bullish reversal from the critical support...
I went down to the crossroads Fell down on my knees I went down to the crossroads Fell down on my knees Asked the Lord above for mercy, woo-ooh Save me, if you please I went down to the crossroads Tried to flag a ride Went down to the crossroads Tried to flag a ride Nobody seemed to know me, woo-ooh Everybody passed me by.... * Beniamin Mincu is doing a...
MultiversX (f.k.a. Elrond eGold) just regained 50MA support and seems about to leg up towards 200MA resistance. ⚡️⚡️ #EGLD/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Long) Leverage: Isolated (5.0X) Amount: 5.4% Current Price: 54.03 Entry Zone: 53.68 - 51.92 Take-Profit Targets: 1) 57.48 1) 61.00 1) 64.52 Stop Targets: 1)...
I already added the comment to my other idea (linked below). A more conservative target would be 140-170$ 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...
💎 Paradisers, let's zoom in on #EGLDUSDT as it's shaping up for an exciting market opportunity. Currently, it is showing signs of a bullish continuation from a key demand zone. 💎 Taking a glance back at #MultiversX, it's been consistently navigating a descending channel, breaking above, and then climbing upwards. Right now, the market sentiment is leaning towards...
To 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.
Trade 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 :...
💎Paradisers, turn your attention to EGLDUSDT! We've observed it making a notable shift, retesting crucial support and gearing up for a bullish ascent. The break from its descending channel further amplifies this bullish sentiment. 💎 Currently, MultiversX is navigating within a descending channel, teetering on the edge of a breakout. When we align this with the...