I interpret this chart as containing a 'strange bullflag' which can be drawn against the uptrend line
The flag pole in this case would be curved
Price should maintain the major uptrend
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$.
The pole of the bear flag bring me to the Golden pocket and the...
The Rising Wedge has been confirmed April 18th for Elrond and volume is going down which is usually no a good sign.. The lower line of the wedge is support and the top
red line is resistance inside the Wedge.
As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising...
Really funny to see this compression ending march 26th because it's a special day for Elrond. It's the go-live date for the Delegation Manager Stacking Phase 3.0. Also tentatively, on March 27, the Web wallet & Maiar will display the available Staking Providers & their delegation SCs.
The new network features will be enabled on March 26th, after 14:30 UTC.
Hi everyone.
EGLD are now slowly climbing in Wave 3 and Bulls just took the hand on the Daily chart.
Most common target for this Wave 3 are :
-178.51$ / 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...
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$.
Let me know what you think. I will follow this pattern until i see something else.
Best to you and thanks so much for leaving a...
Hi everyone,
Bitcoin just found a new battle zone between 43k and 57k. A triangle can form during a new consolidation and accumulation phase.
On the 4 hours the bulls took the hand and if they can take the hand on the daily this would be my confirmation.
Same for Elrond.. Bulls are about to take control on the daily, they already did on the 4 hour chart.
In this...
Hi everyone ! Hope everyone is well !! :-)
Double bottom confirmed on this recent daily close.. very clean.. with a new high and a higher low.
Bitcoin also had a double bottom with a higher low but no new high.
Short term here are Resistance
R1 : 135$
R2 : 164$
R3 : 182$
R3 : 200$
Short term here are Support
S1 : 101$
S2 : 86$
S3 : 55$
Hi everyone,
As discussed yesterday in the email sent to my members there was this possibility of seeing the EGLD pull back slightly to lower the bottom of its wave 2. From now on through my analyzes I will include a follow up on the S&P 500 (SPX) and the Nasdaq and the DXY ( USD) because several correlations exist between these indices. I didn't like the recent...
Based on the last weekly close and the Takuri candle signals are looking pretty good for Elrond. We have a double bottom accompanied by a takuri with a closing of the body slightly higher than the last one. Also i really like we took our time on this one, Elrond is showing healthy signs by waiting for it's own Daily MA 21 (dynamic support) is now at 135.52$ which...
With a Takuri candle and this bull flag... just be a little patient. They didn't sell everything to rebuy at 66$ for nothing.
This pole is screaming 275$ or 297$ and it's just the beginning.
It's not the time to sell your EGLD!
Have a wonderful weekend !
Hello everyone,
potential breakout in preparation for Elrond, please take a look a my chart.
The pole give me a potential Target og 197$.. if breakout occur my red line and the
Gold line (fibonnaci Golden at 171$) 0.618% would be 2 great zone to take profit.
Bullish scenario in preparation?
We have a huge Spinning top in formation on the daily.. if it close...
Hi everyone,
One of my members was asking what are the signs of a reversal or a real confirmation that Elrond will go lower... or a real confirmation of trend change.
If EGLD close like this in 4 days on the weekly chart, this will be a real confirmation of trend change.
Currently this formation is showing no new high, a double top, and a new low.. All those...
