MultiversX (EGLD) has been showing signs of recovery after bouncing up from a support level of $40.00. In our last analysis, we identified this level as a key support level, and it has held the pullback so far. Currently, EGLD is on its way to the minor resistance level of $54.50.
What is EGLD? MultiversX is a blockchain protocol that offers fast transaction...
Yesterday Egold passed the supply.
I think correction is done and time to go up.
Enter to position with two buy : 43.58,43.98.
BITSTAMP:BTCUSD
BINANCE:EGLDUSDT
Price has broken up 200EMA on the 4H Timeframe.
Trading volumes declined on the correction.
The asset will continue to grow after it fixes above the resistance.
$EGLD against USDT is currently in an accumulation phase of 8 months and has printed a descending channel. It is currently in the middle of this channel. If we draw a Fibonacci Retracement from the Swing Low ($32) to the Swing High ($54.2), analyzing the period being 2023, we are around $38-39, which is at the 61.8% level.
We are preparing a buy order at this...
This asset is attempting a breakout with a horizontal , two diagonal and a dynamic resistance as hurdles. But its relatively safe to buy on the breach of the dynamic resistance (red moving average), the horizontal and the first diagonal resistance. But if the price succumbs to the resistances, the demand zone below it is another good zone to look for buy setup
Hello friends.
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Everything on the chart.
Entry: market and lower
Targets: 52 and 60
after first target reached move ur stop to breakeven
Stop: under 40 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck...
EGLD/USDT has been showing signs of a potential breakout on the chart. Based on technical analysis, there is a possibility of a bullish move ranging from 150-250% in the mid-term.
Investors should closely monitor the support and resistance levels for confirmation of the breakout. Additionally, it is important to pay attention to the trading volume to gauge...
#EGLD/USDT
🟢Entry price: from now at 42.8 to 41.8
🎯Targets:
|> 47.4
|> 53.9
|> 60
🔴Stop-loss: Daily candle closes under 39.8
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3.5%
🔵🐇 #EGLD/USDT
📍as you see price feed Res Liquidity much time and now i think we can reach around fresh liquidity magnet level as a new target for bullish move
🪄#EGLD Position Based On Fresh Liquidity and Order Blocks and Structures
#eth #btc #bitcoin #ethereum #cryptocurrency #crypto #Trade #trading #Invest #Trader #Signal #forex #Scalp #altcoins #chart...
It seems that EGLD has formed a quite strong descending range trend on the monthly timeframe, so it is maintaining a downward movement.
Currently, the price is supported upward by a range trend on the weekly this time.
However, I have identified some potential zones for the long term (at least 6 months, preferably a minimum of 1 year, or until targets are...
DO NOT FORGET USING A STOP LOSS
Warning:
This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
I hope you are always profitable
Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this EGLD/USDT trade setup.
EGLD looks good here. Breks out from the descending triangle in a 4hr time frame. Expecting a 20-25% pump from here. Long now and add more in dip.
Targets:- $44.5/$49.5
SL:- $39.40
Lev:- 5x-10x
If you like this idea then do support...
EGLD is ready to fly
Pay attention to the phases and letter designations on the graph that I showed on the EGLD / USDT pair. A diagram of the accumulation phases is shown. Which are relevant for trading now.
Rank:#53
Max Supply: 31,415,926
Total Supply: 25,257,749
EGLD formed consecutive candlestick on the weekly, daily and 4h time frame, a bounce from here is inevitable. DYOR for clearance. NFA
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