Spotted potential 5 waves correction down towards the 61.8% fib level from ATH zone. Price bounced off from important fibonanci zone of 61.8%, and the resultant from this zone confirmed major bottom to be in. Focus on Buy Back zone to accumulate.
Just waiting to see some good volume come in and this should be a good gain. Should get at least to $44 quickly with volume. Potentially much higher. Looking for good entries long for next week most likely. Also SUI, FET and ALGO I am watching closely. Looks primed for a quick bounce on the 4 hours but that's not the bigger play I don't believe. PATIENCE...
This technical analysis is based on the daily chart of BINANCE:EGLDUSDT on the Binance exchange. In this analysis, a price channel is drawn, and support and resistance levels are evaluated. Price Channel Analysis: The price is currently within a price channel ranging from 35.08 to 51.38 USDT. The suggested entry point is around 38.38 USDT. Entry and Exit...
#EGLD The price is moving in an uptrend on a 1-hour frame and sticking to it well We have a higher stability moving average of 100 We have an uptrend on the RSI indicator that the price depends on Entrance price: 38.50 First goal 42.17 Second goal 44.84 Third goal 48.15
CRYPTOCAP:EGLD Liquidity just got raided with the recent dip. The price is back in the weekly Optimal Trade Entry zone making it an execellent entry point. This pattern is also a known bullish pattern (liquidity grab)
💎 The recent market dynamics surrounding #EGLD have indeed been quite notable. 💎 Currently resting on the support area, EGLD has historically demonstrated a tendency to bounce strongly when reaching this level, often leading to significant upward movements. 💎 There's potential for EGLD to repeat this pattern, and if it manages to break above the resistance,...
EGLD appears to be painting a promising picture for traders, showcasing a bullish ascending triangle pattern. But what exactly does that mean? In the world of stock market analysis, an ascending triangle pattern typically signals a bullish continuation pattern. Here's the lowdown: An ascending triangle forms when there's a clear upward trend in the price of a...
Obviously price reversed halfway on us and now it is about to hit the stop loss but the remember the setup below on previous analysis. Now that we didn't reach target for that long this clearly gives a sign that we are in some kind of wave C-orange of wave 2 or 4-yellow and to avoid unnecessary loss the stop loss will be removed and DCAed within the orange box...
◳◱ On the $EGLD/ CRYPTOCAP:USDT chart, the Td Sequential pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 59.32 | 64.45 | 73.55 and support near 50.22 | 46.25 | 37.15. Entering trades at 54.52 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: MultiversX ▣...
💎 Paradisers #EGLD is currently aligning itself along an ascending trendline. This trendline intersects with a critical support level at $46.76.The confluence of these factors raises the probability of bullish horizons. If #EGLD can maintain momentum at this level, we might witness a delightful upward surge. 💎 Our keen-eyed observations reveal that #EGLD has...
Elrond currently hovering around a crucial support zone between $52 and $50 on the daily timeframe chart. I am closely watching this price action to gauge the token's next move. Potential Bounce Back in Sight If EGLDUSDT manages to hold above $50 , a bounce back towards $61 , which acts as a resistance zone, is a possibility. This bullish scenario would be...
Contrary to the bearish scenario (short term) this is the bullish scenario suggesting that we might be seeing a slightly push in price to form a new high ending as a ABC #Zigzag for wave 5 PREVIOUS ANALYSIS OTHER ANALYSIS
EGLD on a Verge of breaking Down. Took a swing Risky leveraged long here from 60.60 with tight and flat stops at lows. High RR if it holds. If Holds here and rejects this can send higher fast. Targeting 90 and 120. Trades like this cannot be always right but can give an opportunity to trade more. Note: Not a Financial Advice.
this is your last oportunity, mega long or buy spot minimum 100%
💎 Paradisers, brace yourselves for an exciting opportunity to profit with #EGLDUSDT! It's gearing up for a potential rise from a pivotal level. 💎 Diving into #EGLD journey, it has been tracing a cup and handle pattern. Currently, it's testing a tough supply zone. A breakthrough above this zone, coupled with sustained momentum, could signal a robust bullish sprint...
Signs of bullish momentum after finding support at $55 in the daily timeframe. Currently trading at $62, and if it manages to close above this level, My prediction is a price target of $67.