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...
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...
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 $1500 by end of year, conservatively. DYOR. Thank you, CRS.
Ok i know a lot of people will not like this but i just want to share with you what i see on the logarithmic chart...It's just a scenario don't Panic... don't really like this Bart Simpson Head now... We all so have the bullish scenario with the cup & Handle.. but this can happen if Bitcoin is crashing... The eGOLD is forming a Rising Wedge for now.. The pole is...
- Elrond is pumping hard recent months and this trend should continue!
- As per my Elliott Wave count, i am expecting one more 5th wave to the upside.
- Out profit target can be top of the trendline, 1:1 FIB or 1:618 FIB (conservative target 0:618 FIB)
- The price is currently breaking out of the bull flag on the daily timeframe
- Expected duration of the...
New retracement had changed our of Wave 2 for elrond it's why iam making this update (line in red). Here are possible targets for this intermediate wave 3 (red line) if we don't go lower.
Golden pocket has been hitted but always keep door open for a low W2. Yesterday was a BIG day today for the ElrondNetwork community with the release of Staking Phase 3. One step...
The Rising Wedge has been confirmed April 18th for Elrond and volume is going down which is usually no a good sign.. The lower line of the wedge is support and the top
red line is resistance inside the Wedge.
As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising...
EGLD has just conquered the 160$ zone and is heading to 220$ zone, which is very strong and may push EGLD down to 160$ zone again. But I think May will be a great month of EGLD with target at 280$ or even higher
👉Apr 28 : Mainnet Upgrade
👉Apr 30 : Maiar Exchange Launch
👉Sep 30 : ZEE Bridge
👉Sep 30 : Polkamon Integration
-Buy: 156-164$. SL...
Hi everyone, it's been a while, hope everyone is awesome !!
Just want to share quickly this bullflag formation with you, 2 projected possible prices are 281$ and 338$.
Last daily candle close was Bullish with a double bottom for the eGOLD.
I wish you the best of the best!
Dear traders, nice to meet you.
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We have to see if we can climb above the 195.785813 point.
If it falls, we need to see if it can rise along the uptrend line.
If it falls between 147.020922-157.571180, a...
i still see this Cup& Handle pattern which can bring us to 335$ 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,...