Crypto2AF

EGLD/USDT - MultiversX: Failure_Swing

Crypto2AF Updated   
BINANCE:EGLDUSDT   EGLD / TetherUS
◳◱ We've detected a Failure Swing pattern on the TSXV:EGLD / USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 38.03 | 41.13 | 48.55 and the major support zones are respectively at 30.61 | 26.29 | 18.87. It is a bullish indication and we may consider buying at the current price zone of 33.13 and targetting higher levels.

◰◲ General info:
▣ Name: MultiversX
▣ Rank: 53
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Elrond is a blockchain designed for high throughput and relatively fast execution speed compared to other smart contract platforms. It features Adaptive State Sharding as its scaling solution and a Proof-of-Stake (PoS) variation called Secure PoS to secure the network. Elrond also contains a WebAssembly-based virtual machine that can support the creation and execution of decentralized applications (dApps).

◰◲ Technical Metrics:
▣ Mrkt Price: 33.13 ₮
▣ 24HVol: 2,632,355.797 ₮
▣ 24H Chng: -2.415%
▣ 7-Days Chng: 1.58%
▣ 1-Month Chng: -10.25%
▣ 3-Months Chng: -21.64%

◲◰ Pivot Points - Levels:
◥ Resistance: 38.03 | 41.13 | 48.55
◢ Support: 30.61 | 26.29 | 18.87

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL

◰◲ Technical Indicators Summary: SELL

◲◰ Sharpe Ratios:
▣ Last 30D: -1.06
▣ Last 90D: -1.45
▣ Last 1-Y: -0.40
▣ Last 3-Y: 0.82
◲◰ Volatility:
▣ Last 30D: 0.64
▣ Last 90D: 0.53
▣ Last 1-Y: 0.68
▣ Last 3-Y: 1.18

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.54 - Bullish
▣ Reddit sentiment score is 0.83 - V. Bullish

▣ In-depth EGLDUSDT technical analysis on Tradingview TA page


▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!

◲ Disclaimer
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Trade active:
KuCoin, Binance
#EGLD/USDT Take-Profit target 3 ✅
Profit: 5.3325% 📈
Period: 1 Days 14 Hours 25 Minutes ⏰
Trade closed: target reached:
KuCoin, Binance
#EGLD/USDT All take-profit targets achieved 😎
Profit: 8.6025% 📈
Period: 4 Days 15 Hours 16 Minutes ⏰

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.