Hi guys it's just analysis
I think that currency will be bullish
And Another thing to check is that you are responsible for buying and selling
Thanks for your comments...
BINANCE:EGLDUSDT.P just got out of a long Elliot Wave cycle, and is now starting to form another one.
With Waves 1 and 2 now formed, we can try and predict where and when Wave 3 will extend.
I think Wave 3 will extend at the 1.618 Fib Extension since there is a big OB at the same level. The price might face a some resistance at $65, and that is why I expect Wave...
Sentiment - bullish
Retest of the green zone ( Order bock ) should give a bullish continuation to $100 and above
Buy zone - Green area
Targets - purple lines
Invalidation of this idea - Red line
Disclaimer - This is not a financial advise ,just an idea .. always do your own research.
Trade Alert: EGLD Potential Opportunity
Hey traders, Remember our successful trade on EGLD last time? Well, it's lining up for another potentially profitable move. With the current market correction, EGLD seems like a promising opportunity to lock in some gains.
There's a chance we could see a bounce back from the current support level, presenting us with a...
egld following comp
soon aave will follow
45% potential weekly move i hope
resistance is major on the daily chart
4x would be safer from here given the 15% - 18% minor corrections that r coming every now and then
trade safe
dyor
💎 EGLD's market presence has recently captured significant attention. Following a robust bounce from the demand area, accompanied by the closure of the daily candle marked by a strong green signal, EGLD is currently positioned for potential upward movement. This development aligns with the trajectory towards our target within the bearish OB area, suggesting a...
Greetings,
In the scenario that the price does not lose the blue box ($57), I expect it to go to the supply zone at $65+ as the first target.
If it can cross the supply zone, the upper resistance levels can be targeted.
In a scenario where the price loses the blue box, the other area I would look for support would be around the green box ($50).
Elrond (EGLDUSDT) has been doing good after the initial bullish breakout in late 2023. The retrace to test weekly EMA50 as support was a success and currently the pair trades strongly above all moving averages ... It can move fast when it does.
The current session is trading at the highest level, to the upside, since December.
This can signal that the pair might...
💎 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 ...
Egld currently on massive Resistance.
Possible rejection is going to send it lower with impulsive move.
Already in short position from Above 61()
and adding margin here from above 59.20.
Targeting much lower will se how it rejects.
Stopping if holds above 60.
Note: Not a Financial Advice.
Entered into short position from 60.45
Stoploss 61.40
Targeting 54.5 and 48
This might retrace from here fast.
Note: Not a Financial Advice.
Note: Shorting in Bull Market might Hurt.
From where we have inserted "start" on the chart, it looks like a Boolean triangle. If EGLD pullbacks on the green range, we will look for buy/long setups.
We have selected a swap range as the target.
Also, we specified the invalidation level on the chart, closing a daily candle below this level will violate the analysis.
For risk management, please don't forget...
The price chart for CRYPTOCAP:EGLD shows growth potential. If it confirms a breakout above the indicated red zone, an entry point around $60.95 could be favorable. It's essential to use a stop-loss for risk management.
Everything is on the chart. All the targets are marked.
