Key Levels to watch of EGLD (Elrond Gold) We're in a buy area. These are the key levels of Elrond in a Weekly chart.
$540 ATH
$430 Highest Close Ever
$268 Support and resistance
$235 Support and resistance
$188 Support and resistance. Fibonacci retracement is currently at 100% at this level, the price will most likely reverse from this area.
$141 - 150 Supply and demand zone
$65 - 88 Supply and demand zone
Notes:
* Price tends to bounce at these levels. If one level breaks, the price will go to the next level whether it's above or under it depending on the direction of the break.
* Pay attention to BTC price as well cause everything is correlated in the short term. BTC analysis is coming up soon.
* Continue Dollar Cost Averaging anywhere near the key levels
EGLD
Dollar going down today could let BTC breath a littleSwing here could be very profitable, but remember to put the stop gain under it,
no one know where it could go but when it falls it will fall fast.
I am a bull, but I sad it like 100 times this support is crucialI was a bull until the end guys, I really was, but that support is too important, specially now that BTC is not respecting most fundamental analysis.
Is very simple and history repeats in simple terms, the 21 weekly was broken many times and that never happened during a bull run, but that main support is just too important to maintain things going like it should.
We are under a huge change in this market, and we had a huge change since when covid began.
I don´t know about you guys but my record high during this bull run was 22x, I left when we lost that support with 14x.
But if you can´t manage to accept losses you will go down for a long time. If you are a long term holder I respect you and I know you will be profitable in the long run, but I just can´t manage that much lost and risk after such a great year, I wish I could.
Prepare for some downtrend followed by many fake reversals from now. I am shorting it since when we broke it, probably closing my short right now, because 37k-42k is a huge support. Probably making us come back to test the support again and go down even lower.
We hold #EGLD Here.As we stay inside the channel, and we broke the trendline we are holding some EGLD in the pocket.
Targets Massive: 285 - 325 - 375 - 500
Stop loss if market go crazy and close daily below $200
EGLD BullishWe are on strongest support area , so i think if we break this triangel we will see big pump (-: Give me like if you agree
Swing Trade - Elrond eGold EGLD / BTCSwing trade opportunity with #EGLD / #BTC!
Price is bouncing of the support trend line (thick red line).
Stochastics crossover on 3D TF and a bullish crossover on the Wave Trend oscillator is nearing.
Pair: EGLD/BTC
R:R = 4.5
Entry: 0.005255 - 0.005350
TP1: 0.005838
TP2: 0.006427
TP3: 0.006999 (3-4% TTP)
SL: 0.004869 (timeout 19000s, move to brake even)
Disclaimer!
I´m not a financial adviser. For educational purpose only!
You can use the information from the post to make your own trading decisions.
Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EGLD ON THE MOVEHello everyone , today im gonna check the EGLD and im sure you know this coin have a lot of potenial to great move in 2022 , so egld have a lot of renge between 235-240 and have good support in this area and just breakout the trendline , first target is 283$ !
NOT FINANCIAL ADVICE
EGLD Short termEGLD Short term
*DISCLAIMER*
I am not a financial advisor. The content I create should not be considered financial advice, and is for entertainment purposes only! This is a video for entertainment purposes ONLY. If stocks are mentioned on this videos, I may have an ownership interest in them (i.e. bought some shares) so please DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified appropriate professional for the subject you would like help with financial advice
EGLDUSDT - LONGBased on technical factors there is a long position in EGLDUSDT Elrond
EGLDUSDT Elrond
Score 2️⃣
🔵Long Now or set on Key Level 232.00
🟢Target 1 244.00
🟢Target 2 260.00
❌Stop loss 226.00
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
EGLD Short termEGLD Short term
*DISCLAIMER*
I am not a financial advisor. The content I create should not be considered financial advice, and is for entertainment purposes only! This is a video for entertainment purposes ONLY. If stocks are mentioned on this videos, I may have an ownership interest in them (i.e. bought some shares) so please DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified appropriate professional for the subject you would like help with financial advice
EGLDUSDT 4h longWait for the 4h or higher candle to close above the red line
stop loss : 4h close under the red line
targets on chart
EGLD (Elorand) Facing a Moment of TruthThis is a cryptocurrency that was brought to my attention by someone in my latest stream. Two things I liked about this chart. (1) How this coin has been consistently outperforming Bitcoin with higher lows, and (2) how it is sitting in a sensitive spot right now that will determine its future path for many weeks ahead. I will keep adding to this idea as price action progresses. I will cover it in my next stream for sure. Let this be an anchor holder.
You can follow this chart here .
Diamond pattern, will the bulls close the weekly above 48k?
Bullish indicators are popping up even though we need to see a good close today,
on my view if we are able to close above 48k it would be awesome.
But we need to stay vigilant for fake outs that might happen and wicks that can be formed to liquidated
more leverage traders (even though that the market is healthier at the moment on that point of view).
Happy new years, and thanks to everyone that supported me this year. I really appreciate all the comments and interactions with my ideas. Hope that everyone was able to make some good profits this year. Despite the dump in the end this was my most profitable year by far. I am awake to close the positions in case the cycle ends at the beginning of this year.
EGLD symmetrical triangle , what next?$EGLD is currently resting at a strong support zone of 240 dollars.
Looking for a breakout ,just wait for it to happen in a direction.
Happy trading. 😀
Elrond (Low risk Long)EGLD Looks oversold in the daily timeframe. Down to the 4 Hourly timeframe, We can see a clear downtrend line. Breakout can lead to 299 and may go even higher. Overall, Elrond looks not bad to open a small long position here with low risk.
Elrond beginning of the year predictionElrond has a Sell signal for the beginning of 2022.
I look for a retracement to $170 area by the end of January!
Happy New Year!
I almost lost hope but I will follow my strategy until the endSometimes is hard to hold when you don´t a defined jump out strategy, some moments are really scary and indicators flip against us really fast.
Not being able to have a defined strategy will always make you take bad decision in the worst moments.
We are not out of the water just yet, but this jump actually shows some really bullish potential, not fast moves, but a good trend can be formed.
1. We found support over the bull cycle trend line and already broke the ascending triangle that was holding us back.
2. We found support over the weekly RSI, just like we did in the past dumps.
3. Dollar index is falling right now, at least in the short term.
4. Whales accumulated big time during that dump.
5. Number of BTC`s in Exchanges are decreasing
This guy is the only thing that makes me still believe in BTCIt´s finally dropping, it waited until the last day of the year to do so.
People are leaving the dollar to go where? The stock market is not looking good, inflation is at it´s max.
The only assets that could benefit from it are Metals and Crypto. Let´s keep an eye on it.
EGLDUSDTThe best crypto to buy for today. stop is around $200 . This is good possibility for Spot position. Buy and hold still X3 .
EGLD Broke its downtrend. Let's go ($1000) 🚀This is just the beginning of the core activity of the Elrond ecosystem
Also, EGLD was recently listed on Huobi Global
EGLD now in a good zone to buy and I think by the end of 2022 it can reach $1000
Bitcoin is also close to its support (chart below) which is a good sign
However, BTC is not in good days and its better to be careful
Dear Friends, It would be nice to show your support by liking
BTW Follow me (if u liked :)
There you go, that´s a good beginning for a reversalNot even close of a confirmed reversal to the upside, but we are definitely testing 49k, and probably the 0.618 retracement from that dump.
After that is hard to say, so I would recommend getting ready to take some profits and rebuy it if we create support over the 0.618
EGLD to 750 conservatively by mid next year EGLD if you follow the monthly log chart is in a serious upward trend.
I expect a good year for crypto in the first half of 2022 with adoption for the Elrond Network Growing Exponentially.
My conservative price target is $750 mid next year, and if things go well $1750, with a moon boy target of $3000 plus
