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💎 EGLD's market presence has recently captured significant attention. Following a robust bounce from the demand area, accompanied by the closure of the daily candle marked by a strong green signal, EGLD is currently positioned for potential upward movement. This development aligns with the trajectory towards our target within the bearish OB area, suggesting a...
Greetings, In the scenario that the price does not lose the blue box ($57), I expect it to go to the supply zone at $65+ as the first target. If it can cross the supply zone, the upper resistance levels can be targeted. In a scenario where the price loses the blue box, the other area I would look for support would be around the green box ($50).
💎 Paradisers, focus on #EGLDUSDT, as it's showcasing a pattern that strongly suggests a bullish surge from its support level. 💎 #MultiversX is currently flirting with its resistance level, teetering on the edge of a breakout. It's nudging the short-term 0.618 Fibonacci retracement near $55.45 but has recently faced a setback at this fib level. 💎There's a chance ...
Egld currently on massive Resistance. Possible rejection is going to send it lower with impulsive move. Already in short position from Above 61() and adding margin here from above 59.20. Targeting much lower will se how it rejects. Stopping if holds above 60. Note: Not a Financial Advice.
From where we have inserted "start" on the chart, it looks like a Boolean triangle. If EGLD pullbacks on the green range, we will look for buy/long setups. We have selected a swap range as the target. Also, we specified the invalidation level on the chart, closing a daily candle below this level will violate the analysis. For risk management, please don't forget...
The price chart for CRYPTOCAP:EGLD shows growth potential. If it confirms a breakout above the indicated red zone, an entry point around $60.95 could be favorable. It's essential to use a stop-loss for risk management. Everything is on the chart. All the targets are marked.
BINANCE:EGLDUSDT is trying to finish the technical phase of correction and continue the global uptrend amid the realization of 2-year accumulation. Since the middle of last year, the coin was in hibernation, or rather in the consolidation phase. Formed a bottom, a narrow corridor allowed the formation of a strong support area. On the background of...
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💎 Paradisers, #EGLDUSDT as it unfolds a significant pattern, nestled at a crucial support level, and hinting at a potential bullish upswing. 💎 Observing #Multiversx's recent activity, we've noted a trend of breaking to new lows, suggesting a prevailing bearish sentiment. However, a notable aspect is the potential for a bullish reversal from the critical support...
In time H2, it is moving inside a density, which can be a 4th wave of correction erosion, which will finally be completed with a shorter roof inside the density from the bottom to make a complete cycle of 5 waves of correction. Therefore, it is possible to enter a sell position with failure from the bottom.
💎 EGLD has recently exhibited remarkable market dynamics. Following a strong bounce signaled by a bullish green candle, EGLD encountered resistance at the $60 level, leading to a rejection. 💎 However, EGLD appears poised for another attempt at breaking through this resistance. A successful breach of the $60 barrier could facilitate a smoother upward trajectory,...
At this point, I will be following the possible movements EGLD can make. I think the likely scenario will be to see the demand zone below (around $ 41). If it cannot see enough demand in the demand area, I think it may hit the support of $ 39, which I have been thinking about for a long time. Therefore, I will set up accordingly.
MultiversX (f.k.a. Elrond eGold) just regained 50MA support and seems about to leg up towards 200MA resistance. ⚡️⚡️ #EGLD/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Long) Leverage: Isolated (5.0X) Amount: 5.4% Current Price: 54.03 Entry Zone: 53.68 - 51.92 Take-Profit Targets: 1) 57.48 1) 61.00 1) 64.52 Stop Targets: 1)...
💎 Paradisers, turn your attention to #EGLDUSDT, as it's currently exhibiting trends that suggest a bullish transition from its current support zone. 💎 In light of recent market fluctuations, #EGLD has been on a decline. However, if it manages to sustain momentum at the support level of $46.94, there is a promising opportunity for a bullish advance towards the...