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EGLD / TetherUS

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EGLDUSDT trade ideas

EGLD: Time to show strengthHello Traders! Welcome back to another trade with analyst Aadil1000x. Today is a big opportunity for traders looking for a big move. The market is ready to fly and EGLD is one of the pairs which will show a big move. On average Pairs will boost 120 to 140% so if we compare to the average this is a golden pair to hold. There is a big Head and shoulder pair and it is ready to fly. You always heard of shorting the Head and shoulder pattern, which never works. Try the A1000x way and see the power. The EGLD will retest the broken trendline and there will be some extra jump after entering back into the trendline. This move will break 250$ price. Don't forget to hit the like button and follow to stay connected.
Long
by Aadil1000x
EGLD/USDT Technical Analysis Update ( Bearish Flag )Title: EGLD/USDT Technical Analysis: Bearish Trend Continues, $29 Target Expected Introduction: In this technical analysis, we will be discussing the current price action of EGLD/USDT and its potential future movement. Please note that this analysis is for educational purposes only and should not be considered as financial advice. It is always recommended to conduct your own research before investing in any coin. Current Price Action: EGLD is currently trading at $40, which is 9% down from the last entry. The coin has been facing a bearish trend and is currently down by 92% from its all-time high of $545. The recent low was at $32. Technical Analysis: Based on chart analysis, the bearish trend is likely to continue, and we can expect the price to reach a target of $29. However, if the price manages to break out above the $52 level and sustain above it, the bearish sentiment will end. In such a scenario, the upside target will be $100 to $125 after the breakout. Conclusion: It is essential to have a safe trading zone and be prepared with your positions. Never gamble with your hard-earned money and always conduct your own research before investing in any coins. Remember that this analysis is for educational purposes only and should not be considered as financial advice. Takeaways: EGLD is currently facing a bearish trend and is down 92% from its all-time high. Based on chart analysis, we can expect the price to reach a target of $29. The bearish trend will only end if the price breaks out above the $52 level and sustains above it. Always trade with a safe zone and conduct your own research before investing in any coins. Disclaimer: This content is for informational purposes only, and it should not be considered as financial advice. The information provided in this article is based on the author's personal opinion and analysis. Please conduct your own research before investing in any cryptocurrency.
Short
by CryptoPatel
$EGLD/USDT 1D (#Bybit) inverted Head & Shoulders breakoutMultiversX (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) 62.41 Stop Targets: 1) 38.75 Published By: @Zblaba $EGLD #EGLDUSDT #MultiversX #Elrond #eGold Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +47.3% | +83.1% | +119.1% Possible Loss= -39.7% Estimated Gaintime= 2-3 months
Long
by TradingOn
EGLDHEAD-AND-SHOULDERS PATTERN — Although occasionally an Inverted Head-and-Shoulders Pattern (called a Consolidation Head-and-Shoulders) will form, which is a Continuation Pattern, in its normal form, this pattern is one of the more common and more reliable of the Major Reversal Patterns. It consists of the following four elements (a Head-and-Shoulders Top will be described for illustration): (1) a rally which ends a more or less extensive advance on heavy volume, and which is then followed by a Minor Reaction on less volume; this is the left shoulder; (2) another high-volume advance which exceeds the high of the left shoulder, followed by another low-volume reaction which takes prices down to near the bottom of the preceding reaction, and below the top of the left shoulder high; this is the head; (3) a third rally, but on decidedly less volume than accompanied either of the first two advances, and which fails to exceed the high established on the head; this is the right shoulder; and (4) a decline through a line drawn across the proceeding two reaction lows (the neckline), and a close below that line equivalent to 3% of the stock’s market price. This is the confirmation of the breakout. A Head-and-Shoulders Bottom, or any other combination Headand-Shoulders Pattern, contains the same four elements. The main difference between a Top Formation and a Bottom Formation is in the volume patterns. The breakout in a Top can be on low volume. The breakout in a Bottom must show a “conspicuous burst of activity.” Minimum Measuring Formula: add the distance between the head and neckline to the breakout point. LEVERAGE: X5 Join my team
Long
by ByteMEME
EGLD/USDT Still Room To DropGood morning guys ✌️ Next one on our watchlist is EGLD/USDT pair. After that breakdown we are just hanging in the air so price needs to reach some sort of zone where it can put up some legs and stay for a correctional turnover. Waiting and looking forward for some movement here! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
EGLD/USDT Technical Analysis and Price PredictionTechnical Analysis of EGLD/USDT: EGLD is currently trading at $41, which is 93% down from its all-time high. Despite many influencers claiming that it would reach $1000, investors suffered significant losses due to their funds being liquidated. In my opinion, EGLD is likely to experience further downward trends, and it may test the $27 level, resulting in a 34% drop from its current value. I remain bullish on EGLD only if it surpasses the $52 level. In bear markets, smart traders buy the dip and sell in bull markets. At present, both the RSI and MACD indicators are bearish. The critical levels to watch for are $27 for support and $52 for resistance. If you appreciate my analysis, please like and share it. To stay up to date on the latest crypto real-time updates, be sure to follow me. Thank you.
Short
by CryptoPatel
3
EGLDUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for EGLDUSDT There is R2 on the top of the chart which is a resistance area and it represents the unsuccessful triumphs of the price to rise at several points. R1 used to be a support area. And as you see, S1 is our support area with their well support of price for various points. Hence, we observe the fluctuation of price below R1 due to being rejection by the mentioned area. Our expectation would include another rise to reach R1 and then via having some rising signs, there would be more rise predicted for the price to reach higher amounts. Therefore, R1 is considered a good point for saving profits then. But it is so probable that the price loses the support at R1 and more decline would happen toward S1. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our analyses and updates. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
4