I'm pretty new to this but it looks like we have a head and shoulders formation for EGLD. With this formation we want to watch the neckline closely, and if it breaks to the downside I used the red line to predict a potential bottom to the ensuing downtrend. As you can see, this target also coincides with a previous support level as well so it makes sense. Love the...
EGLD has been trading in the same channel since February. Good new for us is that this is an ascending channel. Additionally we have testing the middle of the channel multiple times over the last three months and each time we have been rejected. This is not that big of a deal since a move back to the middle of the channel from our current price is a 60% increase...
Elrond seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 297 and even higher. So EGLD , just show us some love!💕
ENTRY : local high @ 188
SL : local low @ 169
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 297
RRR : 6
INVALIDATION : when SL...
Ok i know a lot of people will not like this but i just want to share with you what i see on the logarithmic chart...It's just a scenario don't Panic... don't really like this Bart Simpson Head now... We all so have the bullish scenario with the cup & Handle.. but this can happen if Bitcoin is crashing... The eGOLD is forming a Rising Wedge for now.. The pole is...
Hi everyone, it's been a while, hope everyone is awesome !!
Just want to share quickly this bullflag formation with you, 2 projected possible prices are 281$ and 338$.
Last daily candle close was Bullish with a double bottom for the eGOLD.
I wish you the best of the best!
Egld broke up from the descending channel as we thought it would last week accounting on the bullish div spotted previously.
targets a re shown on chart, we expect a re-visit to the 225$ levels if it can maintain the volume and BTC doesn't ruin the party.
Trade safely guys, this is not financial advice.
BITFINEX:EGLDUSD Elrond eGLD is a solid project and with the incoming MEX token and amount of eGLD staking coupled with the new Defi 2.0, Elrond is building a truly powerful protocol. $360 to $500 by August and $1000 to $1500 by end of year, conservatively. DYOR. Thank you, CRS.
Since Bitcoin may have found the Bottom.
Time to plan for next Crypto Long Trip
FTM, BNB, RVN, EGLD, DOGE, SOL
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.