Good to buy some here it's forming support here it can pump from here making it's new higher highs Place stop loss if support broken Thanks
Here we can see the inverse graph of EGDL. What I can see in the immediate short term (10 days)? - 115-120$ (multiple supports: 50-200 ema + support trendlines + fib level) What I can see mid short term (2 months) - 400-500$ (fib level + target of the mega triangle + resistance breakout target)
Elrond eGold has broken out and is likely to retest 50MA before bullish continuation. Current Price= 80.52 Buy Entry = 75.09 - 70.69 Take Profit= 85.98 | 99.50 | 115.25 Stop Loss= 61.94 Risk/Reward= 1:1.2 | 1:2.43 | 1:3.87 Expected Profit= +17.96% | +36.51% | +58.11% Possible Loss= -15.02% Fib. Retracement= 0.382 | 0.5 | 0.618 Margin Leverage= 1x Estimated...
What do you think about this option? I notice that the Stoch RSI is up, the buy on the MACD is almost over. I think it is possible to have this movement. What do you think? Does the Short continue until the confirmation of the support from 50-51 usdt or is it almost ready?
IF BITCOIN FOLLOWS MY SCENARIO A (SEE BTC UPDATE RELATED IDEA), EGLD COULD START PUMPING AGAIN IN AUG 2021 GREAT OPPORTUNITY TO ACCUMULATE.
EGLD (Elrond eGold on Binance) Scalable, fast and secure blockchain for distributed apps, enterprise use cases, and the new internet economy.
Hi everyone, Mr Fibonnaci was a Italian and one of the most talented Western Mathematician of the Middle Ages.. Today is famous among pro traders for this sequence of Fibonacci numbers than simply drawing Fibonacci retracement and fibo extension levels.. If you want to truly harness the power of Fibonacci numbers, you should also consider using tool such as...
I'm certain that BTC is bouncing from here, dominance is also dropping so I'm comfortable buying dips on ALTS such as Elrond. Bouncing from 0.786 fib. SL: 133 TP: 178-9 just below 0.5 fib
Hi guys, just want to share with you what i see right now for Elrond, a ABCDE contracting triangle, let me know what you think. The floor of the ABCDE is also the Floor of the huge Rising wedge ive been talking about on YTB.
Hello everyone, We are still in the Rising wedge inside another Rising Wedge and the price is going up and the Volume is decreasing afected by the compression. It can be interpreted has a bear Flag too. For me this is a Bull TRAP. The 0.85% is the Ultimate fib in a bearish Zig Zag which is 221.70$. The pole of the bear flag bring me to the Golden pocket and the...
The Rising Wedge has been confirmed April 18th for Elrond and volume is going down which is usually no a good sign.. The lower line of the wedge is support and the top red line is resistance inside the Wedge. As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising...
Ok i know a lot of people will not like this but i just want to share with you what i see on the logarithmic chart...It's just a scenario don't Panic... don't really like this Bart Simpson Head now... We all so have the bullish scenario with the cup & Handle.. but this can happen if Bitcoin is crashing... The eGOLD is forming a Rising Wedge for now.. The pole is...
i still see this Cup& Handle pattern which can bring us to 335$ and pure correlation with 161.8% of fibonnaci. What to watch. -Daily MA21 at 193$ (resistance) -ema Ribbon on 4 hour (resistance) When to get in.. -Wait for a confirmation of the breakout over the trendline or if you want to buy earlier wait for a candle close over the daily MA21. Best to you,...
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!
New retracement had changed our of Wave 2 for elrond it's why iam making this update (line in red). Here are possible targets for this intermediate wave 3 (red line) if we don't go lower. Golden pocket has been hitted but always keep door open for a low W2. Yesterday was a BIG day today for the ElrondNetwork community with the release of Staking Phase 3. One step...