#EGLD EGLD Elrond performing really well, would sure be nice to see past performance in actual chart.
That extension towards marked FIB levels.
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BINANCE:EGLDBTC breaking out above resistance area, confirming up trend continuation with already formed 2 higher lows.
Higher highs expected.
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Disclaimer: This information is not a recommendation to BUY or...
Possible long term - new ATH value for ELROND
New swing high`s are at a 138.2 % Fib extension from previous top ( marked with pink arrows) ,next followed by a retracement into the golden pocket zone ( taking the previous low with the previous high ). The large image pattern is an ascending channel, and upper limit of it corresponds with the 138.2% fib extension...
Printed a buy some days ago and since there strictly vertical..
Willing to see continuation toward ~420k(😏) or a retest/flip of the crossed level
In any case, if it follows bullishness across the market, aiming for YTD highs/ATH is not that crazy (~30%)
The trend line has been broken on the EGLD chart already. Now it is on the median line of the pitchfork. Also, it is supporting by the daily MA200 at the same point. Here can be a good entry for the first step. The broken line and the EMA 200 are our next support. So we can buy there for the second step.
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Hi Traders, EGLDBTC on D TF after Breaking above the resistance it is expected to go higher
⬆️Buy now or Buy at 0.002190
⭕️SL @ 0.0020
✅TP1 @ 0.002760
✅TP2 @ 0.003540
✅TP3 @ 0.005380
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❤️ Your Support is really...
Printed a new 1D UCTS Buy (usually strong // backtesting on 2nd pic)
For now trying to hold/flip ~240k sats level into support & if volume appears may lead to upside continuation (~290k sats? // 20%)
Took the entry, will see
Egold seems to form an engulfing bullish pattern on an interresting level.
MACD seems to be slowing down too.
We can also see that Egold is trying to break the trend line.
Let's wait the weekly closure to see if this is a bearish trap or not.
In case of break out, here is what I would play :
TP1 : 0.0031
TP2 : 0.0036
Adapted to the entry point.