- 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...
EGLD has broke out of this falling wedge pattern from a daily and 4hr perspective and formed a new higher high, market is now currently retesting the previous resistance as new support, if this area holds we are likely to see the continuation to the upside and market to fill in the wick on the monthly timeframe.