It's been a long six months since we updated our thoughts on the EGLDUSDT trading pair, but it's time, because in the previous idea worked out all target:
Now we have EGLDUSD price at a crossroads, where to go next? We don't know the answer to this question either, we just...
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...
Elrond eGold is retracing down but I believe uptrend could resume soon.
Let's try to catch the next big dip if we are lucky enough!
Current Price= 132.204
Buy Entry= 110.013 - 97.005
Take Profit= 159.521 | 219.800 | 311.178
Stop Loss= 75.154
Risk/Reward= 1:1.98 | 1:4.1 | 1:7.32
Expected Profit= +54.11% | +112.35% | +200.63%
Possible Loss= -27.39%
here are some possible entry targets to watch on this wave 4 if 185.84$ was the top of retracement of W4 of A.
0.618 = 166$
1 = 153.5$
1.236 = 146$
1.618 = 133$
If the W4 of A change and go over 185.84 ii will post update here.
Thanks for your support!
Have a great day !
The last time we published an idea and described the EGLD coin 1.5 months ago. The idea worked and a correction took place from $ 30 to $ 20.
And now the content shock: during this time, EGLDUSDT has risen in price by 1000% or x10
The top bar at the moment is $287
In the coming days, it will be decided whether the price will go there or not.
After all, if...
Elrond eGold is surely looking juicy here, preparing for a big move up I believe after that pullback.
As long as 50MA is holding and supporting the price we are good to go up!
Current Price= 8.158
Buy Entry= 8.191 - 7.729
Take Profit= 8.953 | 9.906 | 10.96
Stop Loss= 6.967
Risk/Reward= 1:1 | 1:1.96 | 1:3.02
Expected Profit= +12.47% | +24.45% | +37.69%