Elrond (EGLD) technical analysis: Trade setup : Price broke back above $50 resistance and 200-day moving average, making Higher Highs, which are all indications of Uptrend. Price could revisit $60 next. Recent strength comes after its partnership announcement with Tencent (owner of WeChat). Trend : Uptrend on Short- and Medium-Term basis and Neutral on...
I spotted this one too late unfortunately and I'M NOT SURE the right shoulder counts as shoulder but volume suggests it should be it. However if it retraces to that OB down there I think it'd be a good place to grab some. The target is the zone up there. Good luck
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...
This week I predict another selloff in the stock and crypto market after the CPI report on January 12. My price targets for MultiversX (Elrond) EGLD are: EGLD/USDT short Entry Range: $34 -36 Price Target 1: $29 Price Target 2: $20 Price Target 3: $7.60 Stop Loss: $43
EGLD Elrond is trading lower after the rebranding. Looks like a fail that could continue. My price targets EGLD/USDT short: Entry Range: $43 - 44 Price Target 1: $35 Price Target 2: $28 Price Target 3: $24 Stop Loss: $53
after it lost the 0.38 Fibo level at $40 it is going to 0.5 Fibo level at $17.8, 1.6(5) at $11.67, and 0.61 Fibo level at $7.7. it could rage between $10 and $20 for a while as the iv wave.
I'm a little bit confused about where the price starts to do the plan of the classic pattern. but as you can see, this rising wedge pattern can send prices down. comment down below your opinion🙏🏻
Hello my fellow cryptocurrency trader, I wanted to share a few charts for you before going back to meditation. We looked at EGLDBTC but also the Tether pair, EGLDUSDT, is showing growth potential. We are looking at short-term potential and conservative targets but keep in mind that there can always be more than what is mapped on these charts. Cryptocurrencies,...
Elrond (EGLDBTC) has been consolidating since the June V shaped recovery. We favor the bullish bias because of this same recovery. It has been sideways for a long-time and now prices move above EMA50 with a strong RSI. We have room for growth. - Define your own risk. Additional details on the chart. Namaste.
CRO and EGLD only 2 of the projects whose patterns are similar, classic patterns with classic and well-known reactions, nothing spectacular, nothing new.
Elrond broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 47.7 is possible.
Hello everybody Let's start My targets to buy First - 42 Second - 35 Third - 30 Thanks and have a good day
Elrond eGold is pulling back up towards 100EMA resistance where it's likely to be rejected. ⚡️⚡️ #EGLD/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (2.0X) Amount: 8.4% Current Price: 57.10 Entry Zone: 57.10 - 60.30 Take-Profit Targets: 1) 50.30 2) 44.00 3) 37.70 Stop Targets: 1) 65.70 Published By: @Zblaba Risk/Reward=...
Elrond eGold (EGLD) Possible Scenario AB=CD pattern with RSI Bearish Divergence Manage your risk
Waves theory. Make sense to see a bear rally pump for EGLD. The target of EGLD in the short term is 104-112$.
Structure Breakout and AB-CD EGLDUSD, Elrond, EGLD, EGLDUSDTP, EGLDUSDT, CRYPTO, CRYPTOCURRENCY DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
*** *** For this particular analysis on Elrond we are using the EGLDUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where EGLD broke above the Falling Wedge pattern that it has been trading in for a little less than 2 months. The most important development however is that today it broke above its 1D MA100 (green trend-line) for the...