What Is Elrond (EGLD) ? 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...
EGLD is stocked between to MA's, MA50 in yellow at 126.57 and MA21 at 139.485$ The price can play between those 2.. but what i see is a potential breakout for wave 5 at the en of the triangle March 22th or 23rd. I will post possible targets for W5 in the bottom. ELROND EGLD/BUSD WHAT CANDLES ARE SAYING : 4 hour : Upside, spinning top with a close higher than...
Hi dear patrons, hope you are well and welcome to the new update on Elrond (EGLD) coin with Bitcoin pair. On the weekly time period chart, after the completion of the Shark pattern, the price action of the Elrond coin has completed the formation of another bullish harmonic Gartley pattern. This trade has a big profit possibility up to 205% and the loss...
- 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...
Possible Cup & Handle forming can bring us right on our target of 178$. Let me know what you think !
Hi everyone. EGLD are now slowly climbing in Wave 3 and Bulls just took the hand on the Daily chart. Most common target for this Wave 3 are : -178.51$ / 161.8% fibonnaci -196.11$ / 200% fibonnaci might play ABCDE : -224.60$ / 261.8% fibonnaci -270.69$ / 361.8% fibonnaci Everything will depend on our timing with BTC. On what i see right now BTC can retrace...
ANALYSIS 🔎 - EGLDUSDT is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance. TARGETS 🎯 - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Inverted head and shoulders as an update to previous post. Defi 2.0 module coming late march / early April and now with an emphasis on the exploding NFT market. target marked, however we are at weekly resistance.
Strong case for a long position. Break 150 and we are ready to fly
Long Egold whether it happens like this or not! 29% Staking this is a long term hold for me. Love the tech, look out, ETH.
Nice triangle breakout pattern developing. As long as BTC continues to trade sideways/up things should go in our favor. Not financial advice.
Hi everyone, I decided to share this scenario with you, the way EGLD printed the ABC on the first A leg let me think that this ABCDE scenario is a real possibility. If i'm right this will push the Elrond price to a possible 196$. Let me know what you think. I will follow this pattern until i see something else. Best to you and thanks so much for leaving a...
Hi everyone, Bitcoin just found a new battle zone between 43k and 57k. A triangle can form during a new consolidation and accumulation phase. On the 4 hours the bulls took the hand and if they can take the hand on the daily this would be my confirmation. Same for Elrond.. Bulls are about to take control on the daily, they already did on the 4 hour chart. In this...
For more details see Analyze, let's see what'll happen in coming days!