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!
MultiversX just lost 50MA support and seems likely to continue with the local retracement down.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.5X)
Amount: 5.0%
Current Price:
34.15
Entry Targets:
1) 35.35
Take-Profit Targets:
1) 30.25
Stop Targets:
1) 37.90
Published By: @Zblaba
CRYPTOCAP:EGLD #EGLDUSDT...
The upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments.
The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak.
Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the...
MultiversX (f.k.a. Elrond eGold) is pulling back to iHnS neckline / 100EMA support, looks good for a bounce back and a bullish continuation.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.0%
Current Price:
45.95
Entry Zone:
45.95 - 43.39
Take-Profit Targets:
1) 51.75
2) 57.08
3)...
Coinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for MultiversX EGLD are:
EGLD/USDT short
Entry Range: $40 - 45
Price Target 1: $35
Price Target 2: $29
Price Target 3: $24
Stop Loss: $49
Egold may push higher after a laeding diagonal and now ended a flat correction.
High chance to be if it break up the 4th wave that formed the C wave. Good luck!
September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
EGLD is a cypto with a negative overall...
Egld completed an ABC pattern to the upside.
I think now it will do another ABC to the downside for X wave, so at least we will gonna havea c wave down from here
Egold verry probably to bounce for an x wave and than to go up
We have an W wave expended flat corrective pattern and now an X wave also expanded flat corrective pattern.
Triangle in 4th wave from the c wave from X wave.
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Short for a 5th wave and than long. Until next update short for the...
Egold can go up correctivly
After finishing an expended flat correction now
I think we are into an x wave that is also a complex correction.
It can go down one more leg to test the bottom of the channel
I remain bearish on egold
I think that 4th wave is complete for Egold
I will present you the count of this 4th wave that started from 13 june 2022 and I think this is the best interpretion for now!
4th wave pattern is an expanded flat correction composed from:
Wave A: an expanded flat
Wave B: another expanded flat
Wave C: Impulse 12345 with a truncated 5th wave, verry important thing...
WXY corretive pattern for EGLD, wave 1 or A impulse and now just ended the wave 2 or B also a WXY pattern.
I am expectig a fall down at least for a C wave.I will update if will gonna be a 3rd wave to change the take profit target.
Entry on the break below 60.82
Take profit Target into the box.
