I had a look this time at lines that could be there. Now that Maiar DEX is coming out in November, i think the blue trend is the one that should hold, but let see.
Elrond continues with a very strong uptrend.
Possible increase of 400% in the long term.
The graph in front of Bitcoin follows the same direction.
Dotted lines indicate a possible time to purchase.
Hi everyone,
on my last video on Youtube i warned everyone that 290$ was very dangerous cos it was a Flat B target point from the last top in April.
I can see this probable scenario now on Elrond, the reasons are :
1- 2 Flat ABC in a row
2- 2 spinning top in a row at the 0.764
3- Impulse down impossible from my X point
Now possible retracement target i see are...
🌟this alt is in a great shape due to price action and its forming a complete clean correction to the trend line which it broke earlier that's why we put the entry point lower than the current price
🌟a reasonable portion of basket should go for these assets while they are showing us strong signals of rising
🌟in lower time frames you can also see an ascending...
If Bitcoin follows my scenarios, EGLD could start the pump again in AUG 2021.
Great opportunity to accumulate:
Technical analysis:
- Crashed 80% from the all-time high
- Re-tested the 1,61 Fib (great support)
- Tested the macro ascending channel (great support)
- Super trend indicator in line with the previous cycles (great support)
- Bullbear trend and...
Hi everyone, hope you are well this morning.
Same has Bitcoin, Elrond is confirming a M pattern on the resistance Neckline, the pole is bringing us to between 69.35$ and 71.10$
Have a great day.
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.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (161.95).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (161.95).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Elrond has been gathering strength - the bull flag formation is almost coming to an end.
Current price: 0.0031 BTC
Target price: 0.0053 BTC
— 75% gains on the trade
This is the first thing I ever post, I try to keep TA simple. But I believe this one should make sense 🪐
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$.
The pole of the bear flag bring me to the Golden pocket and the...
The Rising Wedge has been confirmed April 18th for Elrond and volume is going down which is usually no a good sign.. The lower line of the wedge is support and the top
red line is resistance inside the Wedge.
As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising...
Analysis :
- Above EMA 20/50/100, the Kumo, Tenkan, Kijun
- Still in the canal
- Break the bear trend
- MACD close to be bullish
- Target : 246$
- Risk/Reward Ratio : 5.26
won't be surprised to see Egld touch 300 next month....the forming cpr is narrow....we have formed support at the 4hrly golden rope....however it is to be seen whether wee see the monthly l3 first or not...it is far below and there is a fair amount of support above that..
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...
![EGLDUSD: [UPDATE EGLD] Consolidation confirmed until Aug until then PUMP.](https://s3.tradingview.com/9/9bb2Iumq_mid.png "[UPDATE EGLD] Consolidation confirmed until Aug until then PUMP.")
![EGLDUSDT: [35%] EGLD / USDT](https://s3.tradingview.com/7/7dlD62zw_mid.png "[35%] EGLD / USDT")
