Long
ABCDE scenario for Elrond EGLD B wave to 196$
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$.
Let me know what you think. I will follow this pattern until i see something else.
Best to you and thanks so much for leaving a comment .. really appreciated.
I decided to share this scenario with you, the way EGLD printed the ABC on the first A leg let me think that this ABCDE scenario is a real possibility.
If i'm right this will push the Elrond price to a possible 196$.
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 comment .. really appreciated.
Note
Elrond is now over Daily VWAP and MA21 which is good :Note
next resistance to break is 143.70$ Note
I have this bearish scenario which we cannot apply at the moment cos EGLD is over MA21.. but it's a bear flag Note
Note
EGLD is now over the fib 0.5Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.