Elrond EGold (EGLD) to 330$ and 1449$ short term targets.

Hi everyone,
Egold is having a great push on the upside and his market cap just by almost 3B on 8 days which is remarkable
but there is some reasons for that, some Dev in the DEFI world are beginning to think that EGold would be the solution
and offer a powerful structure that is surpassing by far Ethereum. Ethereum struggle, modifications are complicated
and their developpers are saying that they try to change an engine on a car that is already moving on the road.
Elrond offer 15000 transactions per seconds with an average cost of 0.001$ and Ethereum offer 15 transactions seconds with an average cost of 10.20$.
One other advantage is the adaptative state sharding of Elrond which make the network much more efficient & scalable. They also have a Virtual Machine
VM WASM that is incredibily powerful. Adoption is fast with the possibility of staking EGLD at 29% API.

Here are some possible EW possible short term targets.

330.16 (161.8% fib)
1449.39 (200% fib)







*The material in this post has no regard to the specific investment objectives, financial situation or particular needs of any viewer. This post is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies or any related financial instruments. Nor should any of its content be taken as investment advice. Crypto Kirby is not a financial advisor. The views expressed in this video are completely speculative opinions and do not guarantee any specific result or profit. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this post are subject to change without notice. Crypto_Mercy is not under any obligation to update or keep current the information contained herein. Crypto_Mercy may have an interest in the securities, commodities, cryptocurrencies and/or derivatives of any entities referred to in this material. Crypto_Mercy accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this material. Crypto_Mercy recommends that you consult with a licensed and qualified professional before making any investment or trading decisions.

Comment:

Current falling wedge

Comment:

Great entry point at the bottom of the Wedge?

Comment:

Many correlation that this might be a short term top (non log EW)

Comment:

short term non log scenario

Comment:

Trap zone to watch

Comment:

Entry points for the W5 retracement if this was the top of W4

Trade active:

Possible H & S forming. target would be around 103$.
You have to watch this green trend line on your chart, if it break, the H & S can play.

Comment:

If i take the bottom of the head 129.19$ would be another target.. Maybe more realistic for now

Trade active:

Watch this double Gold Line..if we lose this support .. good chance we go down to 130$. But Bulls are still in control on the Daily for now.

Comment:

Bull flag

Comment:

Comment:

EGLD has formed 2 options, 1 Rising Channel and 1 Falling channel. Will be a compression at the intersection, it can go up or down. www.tradingview.com/chart/oMVpGznv/

Comment:

Comment:

Possible Wave 2 Targets

Comment:

Shooting Star on the Weekly.. bearish Candle.. must watch for confirmations on the down side.