Hi, dear traders. how are you ? Today we have a viewpoint to 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
Elrond (EGLDUSD) is rebounding since yesterday after coming very close to the 1D MA50 (blue trend-line), which has been supporting since the January 13 bullish break-out. Practically after the February 08 rejection, it has been ranging within the 1D MA50 and the 1D MA200 (orange trend-line) waiting for a break-out to gain volume. With the 1D RSI on a Channel Down...
The EGLD is currently transiting the median of the Keltner Channel heading towards the upper band, where it should reach the upper edge of the bullish channel and decrease a little. Bullish RSI , indicating exhaustion of selling forces and the Ichimoku Cloud transiting below the asset , makes the EGLS pair totally bullish. A limit order on one of the supports...
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EGLD 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
Just comparing old to new timeframes, excluding black swan events ? (If Russia would decide to nuke Europe 4 example) Previous declide from ATH to ATL was ~84% Previous bear market was aprox 360 days Personally i think we could go lower one more time, before the new bull market towards the next halving. Previous rally could be an automatic rally ( see...
Updated 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.
We've identified a Bollinger Band breakout on the $EGLD/$BTC chart. The price has moved outside of the upper Bollinger Band, which can indicate a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
As I mentioned before, we could be currently in stage 2 of this inflationary bear market. This means that inflation peaked in September and we can expect to see lower inflation for a few months, followed by a recession. This will likely lead to more bear market rallies until the Federal Reserve intervenes again and introduces more money into the market, leading to...
We 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....
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...
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 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).
An Idea suggesting a breakout of this wedge structure and movement higher will come Optimal area for price to be would be along the white dashed line Breakout please
EGLD: SHOWS INCREASE VIEW, on this reason we follow this coin for day trading.
this one is worth to pay attention 7.5 is the zone, lowest zone 100X maybe? maybe
Hi, 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 - we have multiple confluences and probabilities. Analysis is done for the swing trade opportunity. The first scenario is more optimistic showing only a retrace and continuing the trend. But there is a possibility that the price may liquidate the trendline and make a consolidation at the extreme buy point before continuing its upward movement. Be...