After a series of narrow spread and a shakeout, EGLD is back in range and retesting resistance with demand predominance in the volume. This often indicates a sign of strength (SoS), and if the resistance can be flipped to support, we can expect the resumption of upward price action. Take it up to the 1.272 to the 1.618% Fibonacci zones if this happens and limit...
First run is coming up to $207, then it will Moon 10X up to $2000
This is a very good coin
THIS IS NOT A FIANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
The guard price has taken an upward trend, if it can close the candle above the 4-hour candle, a buy position can be taken with the loss limit below the 4-hour candle.
It is lagging behind the market and has a good volume
Egld is finishing a final 5 waves up towards a Z wave and then might bullback. I would be looking to open a short position from the fib lines shown on the chart.
Hello, dear traders. how are you ? Today we have a setup to buy/long the EGLD symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EGLD after hitting a top at 65 has been trading in downtrend, The price has approached to the strong horizontal support zone The bulls took control from support zone . The broken rising support now acts as resistance. The price has been trading in range. The price need to broke above the resistance.
Manage your trades accordingly.
Hi guys,
EGLD is printing an RSI bullish divergence coming out of oversold, I'm expecting price to retest the imbalance and previous neckline situated at 132$ area soon.
Got in spot at 55$.
Happy hunting !
#EGLD UPDATE
#EGLD has also broken below to the ascending triangle but currently holding the double bottom support at the black box area ,on losing the black box support we do expect more pullback however blue box is still the resistance.
Actually its a qm supply pattern inside another qm supply patter , as a consequence, its a low risk sell setup if the price reach the qm level zone (top zone ) - the setup is shown.
Hello traders!
Welcome back to another episode with Analyst Aadil1000x.
A few hours ago my bearish expectation was wrong as the market pumped but this trade is completely different. This trade is derived using the A1000x True reversal point strategy.
This is the finest technical analyzing strategy ever built. Let's see how it performs now.
EGLD Sell Limit...
Fundamentally, Elrond offers a mix of traditional finance and decentralized finance to its users and is therefore accessible to all. Financially surviving the FTX crash I believe EGLD is among the top 20 most promising coins on the market.
It's a whole defi ecosystem and developers can use the blockchain to develop Dapps and Egld, the native token, was created to...
EGLDUSDT has been in a strong bearish trend .
The price has broken below major supports.
Now price has took support at strong horizontal zone.
The same zone is also double bottom zone.
The bulls need to hold this support zone.
We are expecting bulls will took control and price may go higher from here.
Manage your trades accordingly.
