EGLD
EGLD LONGA 2D close above 200 would signal the S/R therefore following move can be seen.It has been one of the coins that haven't done a meaningful move for a while. There is a great chance for EGLD that bottom is in , if it manages to close above.
So many bullish formations but such an ugly trend, what next?So many bullish formations but such an ugly trend, what next?
We have a huge falling wedge with a small Inverse H&S forming a cup and handle inside it. What the hell.
Anyways, even though the trend is very ugly and looks like it could take some time to recover, and S&P felt badly yesterday,
the dollar is free falling, and when that happens BTC usually gets exited, but the S&P too.
Even if we break it to the upside here we need to be careful when the markets open tomorrow.
Does EGLD reach 225USD resistance today?If it reaches 0.618Fb pay attention to the resistance range!
It looks like the dollar support is officially brokenIt looks like the dollar support is officially broken, we are definitely going to visit lower values here which could
bring the volatile markets up, including S&P that looks ugly but found support.
And Crypto, even though they look ugly, they are trying to break the downtrend, let´s see what can happen next.
EGLDUSD is holding its 1W MA50. Bottom formation possible.Elrond, a crowd favorite among crypto traders, hit last week its 1W MA50 (blue trend-line) and so far on the current 1W candle is holding it. This makes it a Support, in fact it has been the long-term Support since the May - June 2020 bullish break-out.
As you see on this weekly time-frame, using the help of the Sine Waves to better illustrate EGLD's cyclical phases, when the price hits the 1W MA50 it forms a Support, consolidates for around a month and then starts a strong parabolic rally. The previous corrections have both been around -80% and even though the current is just short of -70%, we have to watch the 1W MA50 closely for a potential bottom formation this month into February.
Our next Target is the 5.0 Fibonacci extension level at $765.00. A break above the Higher Highs trend-line during the next rally phase, would place the target even higher within Fib 5.0 and Fib 6.0.
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Breaking that channel could led to recovery of the marketsThe dollar is free falling again, will it last? I hope so for the markets.
Specially Crypto and Commodities. Don`t rush in like crazy, but this is good sign for sure.
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see the resistance line R1. The price has broken R1 but has not stabilized above this line yet. If it does, it can gradually move up to the area shown on the chart. It is possible for the price to make a pullback to the S1 line and then go up. If it goes below the S1 line then there would be more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
$EGLD Elrond Daily SetupA potential setup and rally coming up for Elrond on a daily timeframe. I did this trade twice in the past, curious if it'll work out a third time.
Entry zone is above the green line, preferably after a retest. With the major down TL broken it seems EGLD is establishing support after a firm correction of about 60%. Macd seems in favour of crossing up.
However it is only a probability within current market environment, BTC might swing down and the setup invalidate.
EGLD, THE NEXT PREDICTED MOVE...!EGLD is on both dynamic and static supports and has formed a bullish pattern. Also the RD+ (Macd Regular Divergence) is clearly showing a strong bullish signal.
*Attention: This is not financial advice. market is still uncertain and also today is really important. Be careful, please.
-Tnx-
EGLD - ELRONDElrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.
The blockchain has a native token known as eGold, or EGLD , that is used for paying network fees, staking and rewarding validators.
EGLD is a project that I like, it delivers and especially, I like the price chart. :)
Short EGLDKey levels & supply and demand zone:
0,001923 - 0,002260
0,003722 - 0,003965
0,004865 - 0,005277
Notes:
0,003722 - 0,003965 I expect the price to drop to this area before making a rally back to ATH. If it breaks lower, it will go to the lower supply and demand zone.
Time to buy some Egld?Hello and welcome to my idea about EGLD/USDT.
Today we will take a look at EGLD. If we look at MACD we can see how histogram make cross and show us a bearish time.
RSI is close to oversold area.
If we look at VPVR, we will see next support nivel at 150$ so we can put some buy orders there.
See u next time.
EGLDUSDT - LONGBased on technical factors there is a long position in EGLDUSDT Elrond
EGLDUSDT Elrond
Score 3️⃣
🔵Long Now or set on Key Level 194.45
🟢Target 1 211.50
🟢Target 2 228.00
❌Stop loss 190.70
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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EGLD PredictionIf something like this happened(Green or Orange), it can be a perfect opportunity to open a long position. we should make sure we have a good reversal pattern or bullish candle in lower time frames.
If the price reached to the TP1, you can change the SL to entry point.
Key Levels to watch of EGLD (Elrond Gold) We're in a buy area. These are the key levels of Elrond in a Weekly chart.
$540 ATH
$430 Highest Close Ever
$268 Support and resistance
$235 Support and resistance
$188 Support and resistance. Fibonacci retracement is currently at 100% at this level, the price will most likely reverse from this area.
$141 - 150 Supply and demand zone
$65 - 88 Supply and demand zone
Notes:
* Price tends to bounce at these levels. If one level breaks, the price will go to the next level whether it's above or under it depending on the direction of the break.
* Pay attention to BTC price as well cause everything is correlated in the short term. BTC analysis is coming up soon.
* Continue Dollar Cost Averaging anywhere near the key levels
Dollar going down today could let BTC breath a littleSwing here could be very profitable, but remember to put the stop gain under it,
no one know where it could go but when it falls it will fall fast.
I am a bull, but I sad it like 100 times this support is crucialI was a bull until the end guys, I really was, but that support is too important, specially now that BTC is not respecting most fundamental analysis.
Is very simple and history repeats in simple terms, the 21 weekly was broken many times and that never happened during a bull run, but that main support is just too important to maintain things going like it should.
We are under a huge change in this market, and we had a huge change since when covid began.
I don´t know about you guys but my record high during this bull run was 22x, I left when we lost that support with 14x.
But if you can´t manage to accept losses you will go down for a long time. If you are a long term holder I respect you and I know you will be profitable in the long run, but I just can´t manage that much lost and risk after such a great year, I wish I could.
Prepare for some downtrend followed by many fake reversals from now. I am shorting it since when we broke it, probably closing my short right now, because 37k-42k is a huge support. Probably making us come back to test the support again and go down even lower.
We hold #EGLD Here.As we stay inside the channel, and we broke the trendline we are holding some EGLD in the pocket.
Targets Massive: 285 - 325 - 375 - 500
Stop loss if market go crazy and close daily below $200
EGLD BullishWe are on strongest support area , so i think if we break this triangel we will see big pump (-: Give me like if you agree
Swing Trade - Elrond eGold EGLD / BTCSwing trade opportunity with #EGLD / #BTC!
Price is bouncing of the support trend line (thick red line).
Stochastics crossover on 3D TF and a bullish crossover on the Wave Trend oscillator is nearing.
Pair: EGLD/BTC
R:R = 4.5
Entry: 0.005255 - 0.005350
TP1: 0.005838
TP2: 0.006427
TP3: 0.006999 (3-4% TTP)
SL: 0.004869 (timeout 19000s, move to brake even)
Disclaimer!
I´m not a financial adviser. For educational purpose only!
You can use the information from the post to make your own trading decisions.
Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EGLD ON THE MOVEHello everyone , today im gonna check the EGLD and im sure you know this coin have a lot of potenial to great move in 2022 , so egld have a lot of renge between 235-240 and have good support in this area and just breakout the trendline , first target is 283$ !
NOT FINANCIAL ADVICE
