It seems that egld has reached a suitable support range and is preparing for a medium-term upward movement.
I think EGLD will soon make a decision 60\40 for Short because the pattern is forming after a dump and may be a consolidation before more downside and testing the Bearmarket low We will see what the PRICE ACTION will print forward and act after a confirmation
EGLD ~ 1W #EGLD this is the first support block holding the price of CRYPTOCAP:EGLD so far. We placed our first purchase here, Target at least 15%+ from here
💎Get ready for a potential breakout with #EGLDUSDT as it nears the upper boundary of its descending channel. Currently testing the upper limits at a crucial support of $35.15, there's a robust chance for #EGLD to smash through the channel, powered by the momentum it has built up. 💎If #MultiversX stumbles and does not sustain the push from the $35.15 level,...
EGLD Analysis and Signal on 4H 🔵Entry Zone 37.28 - 38.13 🔴SL 34.17 🟢TP1 41.32 🟢TP2 46.12 🟢TP3 50.61 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...
🔍Let's dive into today's analysis. Yesterday, the Ethereum ETF news was confirmed, but since it was already priced in, the market didn't rally. Instead, those who had bought in anticipation of an Ethereum pump started selling. ⚡️ Market Momentum Currently, there is a bearish momentum in the low wave cycle (LWC), which could extend to higher wave cycles (HWC). ⛓...
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MultiversX has been in a bearish trend since late 2021. but I think the bearish trend ended after the price passed the red supply zone in early 2024. If the counting is accurate and the volume of EGLD/USDT increases I expect it to see a new all time high in the future. On the low time frames I see a golden opportunity to enter it @ $30 with a stoploss below $21...
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#EGLD The price is moving in an uptrend on a 1-hour frame and sticking to it well We have a higher stability moving average of 100 We have an uptrend on the RSI indicator that the price depends on Entrance price: 38.50 First goal 42.17 Second goal 44.84 Third goal 48.15
EGLD - WEEKLY , BOTTOM HERE? This chart is on log chart view so, bassically, now we are still in an upptrend , and the bullmarket for it will came after the 79$ break.
💎 The recent market dynamics surrounding #EGLD have indeed been quite notable. 💎 Currently resting on the support area, EGLD has historically demonstrated a tendency to bounce strongly when reaching this level, often leading to significant upward movements. 💎 There's potential for EGLD to repeat this pattern, and if it manages to break above the resistance,...
◳◱ On the $EGLD/ CRYPTOCAP:USDT chart, the Td Sequential pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 59.32 | 64.45 | 73.55 and support near 50.22 | 46.25 | 37.15. Entering trades at 54.52 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: MultiversX ▣...
💎 Paradisers #EGLD is currently aligning itself along an ascending trendline. This trendline intersects with a critical support level at $46.76.The confluence of these factors raises the probability of bullish horizons. If #EGLD can maintain momentum at this level, we might witness a delightful upward surge. 💎 Our keen-eyed observations reveal that #EGLD has...
Elrond currently hovering around a crucial support zone between $52 and $50 on the daily timeframe chart. I am closely watching this price action to gauge the token's next move. Potential Bounce Back in Sight If EGLDUSDT manages to hold above $50 , a bounce back towards $61 , which acts as a resistance zone, is a possibility. This bullish scenario would be...
Hi everyone! The CRYPTOCAP:EGLD price has breached the 61.8% Fibonacci level. It has just reached the entry point of the M neckline (green zone), which serves as a support area. In my opinion, at some point, CRYPTOCAP:EGLD is likely to attempt reaching the minimal retracement target of a wave 2, which corresponds to the 0.382 Fibonacci level at $48.35....
EGLD on a Verge of breaking Down. Took a swing Risky leveraged long here from 60.60 with tight and flat stops at lows. High RR if it holds. If Holds here and rejects this can send higher fast. Targeting 90 and 120. Trades like this cannot be always right but can give an opportunity to trade more. Note: Not a Financial Advice.
💎 Paradisers, brace yourselves for an exciting opportunity to profit with #EGLDUSDT! It's gearing up for a potential rise from a pivotal level. 💎 Diving into #EGLD journey, it has been tracing a cup and handle pattern. Currently, it's testing a tough supply zone. A breakthrough above this zone, coupled with sustained momentum, could signal a robust bullish sprint...