Elrond, a crowd favorite among crypto traders, hit last week its 1W MA50 (blue trend-line) and so far on the current 1W candle is holding it. This makes it a Support, in fact it has been the long-term Support since the May - June 2020 bullish break-out. As you see on this weekly time-frame, using the help of the Sine Waves to better illustrate EGLD's cyclical...
I am just an instrument entrusted by God to men EGLD sweet trade
Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second...
Key levels & supply and demand zone: 0,001923 - 0,002260 0,003722 - 0,003965 0,004865 - 0,005277 Notes: 0,003722 - 0,003965 I expect the price to drop to this area before making a rally back to ATH. If it breaks lower, it will go to the lower supply and demand zone.
If something like this happened(Green or Orange), it can be a perfect opportunity to open a long position. we should make sure we have a good reversal pattern or bullish candle in lower time frames. If the price reached to the TP1, you can change the SL to entry point.
These are the key levels of Elrond in a Weekly chart. $540 ATH $430 Highest Close Ever $268 Support and resistance $235 Support and resistance $188 Support and resistance. Fibonacci retracement is currently at 100% at this level, the price will most likely reverse from this area. $141 - 150 Supply and demand zone $65 - 88 Supply and demand zone Notes: * Price...
Based on technical factors there is a long position in EGLDUSDT Elrond EGLDUSDT Elrond Score 2️⃣ 🔵Long Now or set on Key Level 232.00 🟢Target 1 244.00 🟢Target 2 260.00 ❌Stop loss 226.00 #K_Level Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones. Please...
EGLD Looks oversold in the daily timeframe. Down to the 4 Hourly timeframe, We can see a clear downtrend line. Breakout can lead to 299 and may go even higher. Overall, Elrond looks not bad to open a small long position here with low risk.
Elrond has a Sell signal for the beginning of 2022. I look for a retracement to $170 area by the end of January! Happy New Year!
The best crypto to buy for today. stop is around $200 . This is good possibility for Spot position. Buy and hold still X3 .
This is just the beginning of the core activity of the Elrond ecosystem Also, EGLD was recently listed on Huobi Global EGLD now in a good zone to buy and I think by the end of 2022 it can reach $1000 Bitcoin is also close to its support (chart below) which is a good sign However, BTC is not in good days and its better to be careful Dear Friends, It would...
EGLD if you follow the monthly log chart is in a serious upward trend. I expect a good year for crypto in the first half of 2022 with adoption for the Elrond Network Growing Exponentially. My conservative price target is $750 mid next year, and if things go well $1750, with a moon boy target of $3000 plus
#EGLD/USDT TA update:- $EGLD currently trading at $242 Which is Strong support zone. There are 2 Scenarios:- 1)- If hold this Support $223 then we can see $500 after then $950 So Need to hold $223 support zone. 2)- If break down $223 support zone then we can see $120-$130 area. So this will be best entry zone. And After hit this support we can see Big bounce...
Expect bullish price action as price didnt make the move lower on 250$ area this confirmed for me the bullish price action and the fact that price should rise above 300/350 area What do you think ? Comment below..
Hello everyone ! Today the Black Cat Trader is analyzing Egold (EGLD) based on a weekly chart 📈 What we can see : - Prices got rejected by the 1.618 fib extension on the last ATH candle - Right now, prices are supported by the uptrend line (which acts as a strong support since October 2021), plus the intermediary lower line of the pitchfork. - On the...
The Bullish scenario now seems more likely But we must also pay attention to the bitcoin chart (chart below), which will activate the orange scenario if its support fails Note that this is just the beginning of the core activity of the Elrond ecosystem, and fortunately they are not progressing like Cardano ! If I progress according to the yellow scenario, I...
Breakout downtrend ✅ Retest support ✅ Ready to moon
$EGLD/USDT TA update:- $EGLD currently trading at $269 And recently strong bounced back from $240 support level. I am adding some $EGLD in my Portfolio. Entry:- $240-$270 Target:- $600 Stop Loss:- $220 I am expecting 170% potential Target from here as per chart.