EGLD analysisIf the correction gives to the blue areas, it can be bought
blue line = buy
Target = green line
EGLDUSDT trade ideas
EGLDUSDT andrews pitchforkandrews pitchfork ML can work as a support. i am prepare for a Div Around the ML for long
🔥 EGLD At Massive Support AreaSix weeks ago I made an analysis on EGLD. In this analysis I discussed the ascending / bearish wedge pattern and the bearish target in case of a bearish move.
As of this week, the bearish target of $170 has been reached and EGLD is currently trading near a huger support area.
It's certainly possible for EGLD to drop further inside the area of support, but a weaker BTC would be needed for that. Since BTC appears to be relatively bullish in the short-term we might actually reverse from this area.
For the coming weeks I've got my target placed at $300. Not sure how much juice EGLD has left in it since it made a 70x already, but who knows.
Happy trading!
IDEA OF POTENCIAL BREAKOUTAs we are currently in a bearish trend and the trend line has proven many times to be a massive resistance.
I am waiting for its breakout and potential pump to the level around 220 USDT.
If not we will be continuing the bear trend as seen in the chart.
RSI Stoch is showing a potential value increase that could lead us to the breakout.
Thank you and please feel free to share your opinions!
egld on the 12hEgld just hit a new swing low
- There is bullish divergence using market cipher on the 12h and forming on the daily.
- using the fib tool the first target would be the .236 which is a 25% pump
- stop loss under the swing low makes this a 3:1 risk to reward trade
EGLD Falling Wedge Has a higher probability of breaking up rather than down. If trading this idea its usually best to wait for confirmation (close) above or below the pattern to take a position.
No targets provided. Do your own research.
Egldusdt Be careful who wanna long this coin
I think it going to made 4 of wave C
And small tf going to make 5 extensions
If I count don’t wrong
My thoughts on EGLDEGLD has seemingly held at its 55 week MA and is possibly going towards a trading zone between 220 to 250. After it reaches that price, depending on buy/sell volume and the overall market trend it could potentially reach its old peak or pummel down towards its old support (if BTC and ETH doesn't hold current price level). Keep an eye out for large volume buys and sells on the hourly charts.
EGLDUSDT - 1D - Long Signal💡💡#SIGNAL 💡💡
EGLD / USDT
Buy in two bloock
(201.8 - 203.8)
(191.5 - 195.9)
SLT trigger 1D
EGLDUSDT_1D_12012022
egld...usdtDue to the formation of the triangle pattern and the approach of the price to the support of the triangle, it is expected that if it is broken, the price will decrease as much as the height of the triangle.
Do not buy under any circumstancesI wish I had never known this project
Only with propaganda and new offerings do you get money out of the hands of others
Team egld
The egld whales are the same team
The ones who made this disaster
TRIAGLE AND TRENDLINE BULLISH SIGNALAn almost perfect triangle is being formed along with bullish trendlines.
#1 SCENARIO
If we broke the level 202 USDT, we will be able to pump to 220 USDT and then to the previous consolidating level between 233 - 240 USDT.
#2 SCENARIO
We will follow the current bearish trendline up to the nearest massive support zone around level 180 USDT.
Any comments, thoughts, ideas are most welcomed to be shared!
Thank you for reading!
Potential Change of MOM?This pair is trading at very low prices compared to history. The price has been falling for some time and while doing so it has formed a downtrend. This trend may be broken if the price manage to close above the 225$ which will indicate a change of momentum and bullish trend.
Possible pump for EGLDSince the price has reached a good support area,it may break the downtrend line in the coming days and expect a pump.
What is the next very short term level?In the very short term it's rising but pay close attention to the resistance from 215 USD.
Because there are no large volumes of EGLD it's possible to stay on the downward trend towards 160 USD.
This is not investment advice!
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.
Does EGLD reach 225USD resistance today?If it reaches 0.618Fb pay attention to the resistance range!
Will EGLD reach $ 225 today or tomorrow?If we do not have a sudden dump for BTC, then EGLD has the next target at 225 USD.
Note that at this level there are several FB confluences which will then cause a correction (I still don't know how far but I'll update).
The scenario I gave you the other day of reaching the level of 160USD-165USD remains, for the time being, valid.
Isn't an investment advice!!!
Big cool off, unsure if we head higher again.With Dex launches coming up, the hype might continue. I sold half of my stack which I've been holding since November 2020 between 490 and 530$ the last few days and rotating the profits into L2 Scaling solutions and CRV. The run has been parabolic and we need a few weeks to cool off and re-accumulate. Targets listed in USDT as I have a small bag to hedge against BTC dumping the market again. very low bids set on EGLD/BTC which I don't think will be filled but you never know.
Egld opportunity!!!Egld has lost one of strong supports and now it is touching this support as a resistance and after a bullish candle we can enter in a short position with good profit.
