Hi everyone, here's a scenario for EGLD that, let's say, takes a hefty beating. Unfortunately, EGLD has opened a door to one. Sadly, this scenario could pave the way for a downward impulse in this Main Zone Z (in blue). Essentially, the Z's can do anything. The strongest structural supports are found at $24.66, $21.12, $19.70, $10.36, $9.18, and $7.33. The pole of...
MultiversX just lost 50MA support and seems likely to continue with the local retracement down. ⚡️⚡️ #EGLD/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (5.5X) Amount: 5.0% Current Price: 34.15 Entry Targets: 1) 35.35 Take-Profit Targets: 1) 30.25 Stop Targets: 1) 37.90 Published By: @Zblaba CRYPTOCAP:EGLD #EGLDUSDT...
We just broke Resistance 1, but there is another Resistance 2. Even for Resistance 1, it could be a Fakeout. As per the Wedge that has formed, I would be inclined to see three touches on the lower side (only two for the moment), so I would not be surprise to go under previous low, also as a spring of the accumulation. This is still a bearish evaluation, less...
In shadows deep, where darkness hides, A flicker stirs, where hope abides. Through weary hearts and troubled souls, It whispers softly, making us whole. In dreams we seek, a distant shore, Where troubled waters rage no more. With eyes alight, we dare to dream, And find in hope, a steady beam. Though storms may rage, and winds may blow, Hope blooms within, a...
The upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the...
MultiversX (EGLD) has been showing signs of recovery after bouncing up from a support level of $40.00. In our last analysis, we identified this level as a key support level, and it has held the pullback so far. Currently, EGLD is on its way to the minor resistance level of $54.50. What is EGLD? MultiversX is a blockchain protocol that offers fast transaction...
$EGLD against USDT is currently in an accumulation phase of 8 months and has printed a descending channel. It is currently in the middle of this channel. If we draw a Fibonacci Retracement from the Swing Low ($32) to the Swing High ($54.2), analyzing the period being 2023, we are around $38-39, which is at the 61.8% level. We are preparing a buy order at this...
It seems that EGLD has formed a quite strong descending range trend on the monthly timeframe, so it is maintaining a downward movement. Currently, the price is supported upward by a range trend on the weekly this time. However, I have identified some potential zones for the long term (at least 6 months, preferably a minimum of 1 year, or until targets are...
EGLD bounced off the support level. Asset broke trough off the descending trendline. Bullish movement to resistance level at 49 is possible.
MultiversX (f.k.a. Elrond eGold) is pulling back to iHnS neckline / 100EMA support, looks good for a bounce back and a bullish continuation. ⚡️⚡️ #EGLD/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (3.0X) Amount: 5.0% Current Price: 45.95 Entry Zone: 45.95 - 43.39 Take-Profit Targets: 1) 51.75 2) 57.08 3)...
Coinbase CEO says he heard rumors the SEC wants to ban crypto staking. Already crypto exchange Kraken shuts down crypto-staking. This will have ripple effects in the entire industry! My price targets for MultiversX EGLD are: EGLD/USDT short Entry Range: $40 - 45 Price Target 1: $35 Price Target 2: $29 Price Target 3: $24 Stop Loss: $49
I spotted this one too late unfortunately and I'M NOT SURE the right shoulder counts as shoulder but volume suggests it should be it. However if it retraces to that OB down there I think it'd be a good place to grab some. The target is the zone up there. Good luck
We will see $EGLD over 1.000 USD in a year. IF today #MultiversX has 2 mil users, tomorrow it could reach 1 bilion. twitter.com See who is TENCENT : en.wikipedia.org ... also, let me remind you, they will launch a lot of new products and features: multiversx.com Future is near the corner and #MultiversX are one of the builders. DYOR! CHEERS!
We have strong buy SIGNAL on 1W TF. Also, I've marked some fibo levels, and the TF for what I belive is to come. RSI is also out from this selling channel. We have to say that MultiversX has a looot of amazing fundamentals. They are going to launch a product once on two weeks from now till may 2023. Also, they have one of the most serious teams in cryptoworld....
A possible Wyckoff Accumulation on EGLD/USD in the next coming mouths. A invalidation can be when is not able to reclaim 38$ level Let`s see how is playing out !
#EGLD - we have multiple confluences and probabilities. Analysis is done for the swing trade opportunity. The first scenario is more optimistic showing only a retrace and continuing the trend. But there is a possibility that the price may liquidate the trendline and make a consolidation at the extreme buy point before continuing its upward movement. Be...
This week I predict another selloff in the stock and crypto market after the CPI report on January 12. My price targets for MultiversX (Elrond) EGLD are: EGLD/USDT short Entry Range: $34 -36 Price Target 1: $29 Price Target 2: $20 Price Target 3: $7.60 Stop Loss: $43
EGLD Elrond is trading lower after the rebranding. Looks like a fail that could continue. My price targets EGLD/USDT short: Entry Range: $43 - 44 Price Target 1: $35 Price Target 2: $28 Price Target 3: $24 Stop Loss: $53