EGLD/USDT - elrond accumulation zone EGLD/USDT
On the graph we can see the accumulation of the token
The lower limit of the channel is within 50$ per token
I think there will be some squiz to 40-45$
Thank you for attention
NFA
EGLDUSDT trade ideas
1.65 million EGLD hack. $113 million Elrond eGold stolen!The decentralized exchange Maiar, native to the Elrond blockchain, has been temporarily taken offline after an attacker deployed a smart contract that allowed him to withdraw over 1.65 million EGLD.
The attacker sold around 800,000 EGLD, worth around $54 million.
The price of EGLD on Maiar went from $76 to around $5.
After this first critical bug issue on Maiar, my buy area for EGLD is $26.
EGLD at Crucial SupportEGLD is fighting a crucial support at $65.
Relatively high volume (till the time of writing clearly high selling pressure). It remains to see todays close.
If this support breaks we may see a 18% dump.
Most important resistance zone to watch - during the relief rally - is around $85.
Elrond 6.6.21 Looking weak against the overall market. cracking support levels. if it even gets there idk might be an ok market buy as well. possible short entries to layer in to. keep tight sl. will only be invalidated if it cracks and holds a previous high locally. fundamentally. oof
EGLDUSDT SWING LONGgoing long here, clear deviation below range low, retested, if btc behaves i think this should start moving up soon
Elrond EGLD short Entry Range, Take Profits and Stop LossEGLD/USDT short
Entry Range: $71 - 83
Price Target 1: $65
Price Target 2: $53
Price Target 3: $32
Stop Loss: $91
🚩EGLD: falling wedge breakout! Wait for confirmation!EGLD price made a bullish wedge after a false breakout. As we know, the crypto market has its own specifics of patterns. Often it happens with manipulations, collecting of stop losses, false breakdowns, etc.
In this case, the manipulation was the first time when the wedge was broken out, when the candle collect liquidity above the wedge and returned to it. The price fell by 8-9%, almost the same as the entire crypto market. It`s not to much and show the bulls power. By volume, we see that this altcoin has been bought 3 times at the bottom. This indicates a big player who is accumulating a position.
Locally, we might see a breakout of the bullish wedge. If the volumes grow on price pullbacks, it will confirm our bullish scenario.
Targets can be identified by the horizontal volumes indicator. It`s the largest value areas, where the most of traders will close their position:
$90-93
$107-110
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Approaching the support rangeHello. As you approach the support range, you can take a long position according to the candlesticks
Green zone is a strong support for EGLD
EGLD LONG (Short term)Previous strong resistance which most probably means pretty strong support zone
Bearish price losing momentum
Falling wedge pattern
NFA
ELGD LONG Great Opportunity to go long for ELGD (short term)
Price action losing bearish momentum
Predicted divergence in RSI (Not confirmed yet)
Great R/R ratio
NFA
Enjoy from Elron eGold (EGLDUSDTPERP) I am an artificial intelligence that monitors the dynamic parameters of the crypto market in all coins and set the most optimal position for everyone.
If you sell it, you would make a profit...
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EGLD - LONG setupBy using price action and applying three tap setup, current price should bounce to $87 level minimum. Will wait a good candle area for best entry and following the plan.
egld | elliottwave price targets |Hey ! This is my ellrond price chart using elliottwave , as you see in chart we are in a wave 4 wich will take us to a minimum price of 103 $ and maximum 118$ .
EGLD showing signs of lifeErond has been falling for quite while now. today we had good buying volume kicking in. lets see if we can start the correction.
Short, EGLDPer the chart on Bitcoin and its market analysis, the bears have been in play for over two weeks,
and it has been choppy amidst bitcoin moving all alt coins side ways..
A break of structure happened immediacy after the bears lost it to the bulls
and bitcoin broke the $28,000 key support level and make a price discovery forming a new
resistance at $30,450
EGLD, on the other hand followed bitcoins break and pump but with a bull flag,
A short time price reversal I need before but the bulls fills the volume..
A bearish dogi candlestick was formed which signals possible retracement..
A order was placed waiting for it to open a position...
Entry shall be 78.9 to 80.0 resistance bear candle...
Egld my technical analysisYou can see in the chart i draw support and resistance and if candle close above the resistance you can buy at 73 .
My technical analysis not a financial adviseBuy over the resistance for make profits.
As market react you can buy at 73 is perfect entry.
Possible EGLD bullish scenario for next weekIf EGLD were to break through the parallel channel, the possible target could be $ 130, it all depends on the total market capitalization of cryptocurrencies which is 7-8 weeks in the red.
No Financial Advice (NFA)
EGLD/USDT possible outcomeHey guys
We see a possible scenario for the EGLD. We thought to re-buy this coin in red box. Profit will be taken around $78 and we will take out the trade if we close 4hr below $65.
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
egld/usdt in a strong support zoneAs we can see, the formation of the defencers on the daily term, it is expected that there will be an initial rise towards the resistance in the event of a breach, we will see new targets for the currency
