EGLD
EGLD Is Going to touch 270$ once again🌳EGLD Has Done a Massive Correction! But It Seems To be Recovering From That! As You Can See The Price Has Created a Good Double Bottom Pattern. This Means When The Break out Happens, The Price Can Increase as Much as The Measured Price Movement (AB=CD which in This Case Is as Much as the Length Between The Bottom & the Top of a Bottom!) So This Means that EGLD is able to Reach 270$ Once again. But No Confirmation yet cause There is no Break out.
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Have a nice day and Good luck
I see EGLD bullish vs BTC! Let's GO!We have strong buying signals on 5 and 9 days time frames. MACD is a big buy on EGLD/usdt and more, on EGLD/BTC.
ELROND has strong fundamentals with lot's of good news. The team is one of the few that are delivering all that was promissed and much more.
The BTC dominance graph is still in the same downtrend and not giving a sign of rebound. I believe in a new bull wave for BTC (wich is possible to see soon) and that some of the Altcoins will have much ample move than BTC and ETH .
I believe EGLD is one pf them.
CHEERS GUYS!
This is NOT a financial advise!!! It's just my opinion.
Take care of your hard made money!!!
Elrond EGLD with RSI breakout - W-shape pattern in sight?Elrond EGLD with RSI breakout - W-shape pattern in sight?
Therefore a confirmed breakout above $200 would be necessary.
Breakout target would be $380 at FIB golden pocket.
Bearish scenario when huge volume support at $141 would be broken significant.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
EGLD Showing Strength Amidst General Market WeaknessBeen looking for a trade to the upside in names that showed signs of resiliency amidst the general market weakness. BINANCE:OGNUSDT and BINANCE:WAVESUSDT have been two trades I have entered prior with the same thesis. EGLD looks like the next one to find support.
I personally view the market playing capital rotation for now and if anything is outperforming everybody is going to chase that as the options to trade long is very limited at the moment.
Looking for near-term, upside at around $205 to $235. Stops below $120.
Anybody looking at this and seeing the same?
ELROND (EGLD) LONGS 📉📉📉📉 Expecting bullish price action on EGLD as price find its support area somewhere around 130-140 area as we can clearly see price has not move below the previous low. We also have a bullish bos on the D1 meaning the price has shifted the market strucutre from bearish into bullish and right now we could expect higher prices BUT only after price will retrace back to fill the D1 imbalance.
What do you think ? Comment below..
In the end, the EGLD coin broke its falling trendlineThe Elrond coin price is moving higher after breaking the declining trendline, and the coin is observing bullish after the breakout.
The EGLD coin is approaching 100-day moving average after maintaining the crypto price higher above 20 and 50 MAs.
The Elrond coin is looking above the 20 and 50-day moving averages and below the 100 and 200 MA in the daily price chart.
Stoch RSI is rising higher and showing a bullish trend in the context of the regular price chart. At the time of writing, the indicator is moving into overbought territory. Furthermore, the Average Directional Index is at 12-points, suggesting an extreme sideways movement for the Elrond coin.
Elrond investors are looking for a bullish weekend. Now it remains to be seen whether the bulls will succeed in this act. Sellers may gain a greater role around the $230-resistance if investors are unable to break through the next barrier.
Support level - $120and $100
Resistance level - $230 and $300
EGLD/USDT READY TO TEST PREVIOUS ATH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this EGLD/USDT TRADE setup. EGLD looks promising here.
Breaking out from an ascending triangle in the daily time frame. It also trades above 50ma which is a very good sign.
Buy some now and add more in dips.
Entry range:- $150-$164
Target:- 200-250%
SL:- $118
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Also, share your views in the comment section.
Thank You!
EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has hit the support zone and was supported two times. Now the price is moving up to the resistance zone. The price needs to break the confluence of the resistances to go up but it is possible for the price to have another falling after hitting this area or even reverse set-back from the area. The price is also inside a triangle and if the first support zone is lost, it can move down to the next which would be a good buying area. If the resistance zone is broken, it will move to the next resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Elrond EGLD above volume support - W-shape pattern in sight?Elrond EGLD above volume support - W-shape pattern in sight?
Therefore a confirmed breakout above $200 would be necessary.
Breakout target would be $380 at FIB golden pocket.
Bearish scenario when huge volume support at $141 would be broken significant.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
EGLD - My current long term hold. This chart is for observation purposes only and I just wanted to share it with everyone. Elrond, Egld is one of my long term holds. I plan on accumulating as much as possible before breaking triple digits.
ATH and price action has been already mapped out letting us know where everyone likes to buy & sell. With the past price history we can plot out when to take profit and when to DCA back in.
The ATH market cap of Egld is around 11billion and it is currently sitting at a 3 billion market cap as of today, with that being said, it could possibly do another 3-4x.
Play this trade as you will, this is not financial advice and always do your own research.
My take profits are in orange and supports are in green.