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!
EGLD
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
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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
My bull run support was always that line from the beginning.My bull run support was always that line from the beginning.
BTC lost 8 weekly and 21 weekly many times during this bull run, which never happened before, so many indicators from the past got demolished.
But that support always lasted, loosing it will make me sell at least 90% of my portfolio, I am not loosing the hard work profits I got. Not this time.
If we hold it, this is a huge buy opportunity though, we are between heaven and hell here.
$EGLD LOOKING GOOD TO BUYThe green zone is the support and an opportunity for buying. I think the price will start an upward movement with the breaking of the ongoing falling trend from the ATH level. Red areas will appear as resistance and are suitable to take profit. My first target in the short term is $329.
Yeşil bölge alım için uygun destek bölgesi. ATH seviyesinden süregelen düşen trendin kırılımı ile yükseliş hareketine başlayacaktır. Kırmızı alanlar direnç olarak karşımıza çıkacak olup kar almak için uygun yerlerdir. Kısa vadede benim ilk hedefim $329.
EGLDUSDT - BEAR's DOMINANCE?EGLDUSDT's price dropped after giving a false breakout, and now Trading is below the trendline. If bulls lose their momentum which is quite possible we could see a potential drop. So sell on strength good strategy for the target of 200 again. Good LUCK!
Bullish mid term Bullish Cypher pattern confirmed-
TP1- fibo 38%
TP2- fibo 68%
TP3- fibo 127%
SL: closed below 220$
EGLD/USDT Chart is different from others so what next..?#EGLD/USDT TA update:-
$EGLD currently trading at $242
Which is Strong support zone.
There are 2 Scenarios:-
1)- If hold this Support $223 then we can see $500 after then $950
So Need to hold $223 support zone.
2)- If break down $223 support zone then we can see $120-$130 area.
So this will be best entry zone.
And After hit this support we can see Big bounce toward $950
As Per Last fractals if happened then we can see $120-$150 also before Big leg up.
Support:- $223/$130
Resistance:- $470
classic falling wedge, classic retest of the average and etcWe are probably going to test the 56 weekly MA, or even the support line from the beginning of the bull run that is now over 45k.
Chill guys, chill.
CRO is breaking to the upside earlyCRO and other strong staking tokens are showing force before BTC and ETH, those are the one to keep.
EGLDEGLD (USDT)
buy if the full candle closes above the green line (4hr)
taake profit at TP
stop lose : if full candle closes under the red line (4hr)
By :notzezo3
Good luck..............
10.6 is a great target for c98 if solana keep the good workVery speculative asset, but with really good fundamentals and small market cap.
This guy can 5x easily in weeks
And we broke the channel, lot´s of short will get liquidatedEven though this looked like a bull trap, on chain data shows otherwise, and since TA usually works the probability of goin over the 21 weekly is very high right now.
Also like I sad before, if we close the weekly above 49k is awesome, if we close above the 21 weekly is crazy bullish, we still have 2 hours for the close.
weekly close today is extremely importantBTC is very unpredictable right now, looks like it is copying the last Wyckoff dump move in a smaller scale, and if that turns out to be true we could revisit 42k.
But, if we manage to close the weekly above 49k it could still rally to 54k to decide what is going to happen.
Also, the stock market today will have a huge influence on BTC`s price.
Breaking 40% could trigger a huge altseason but....Even though BTC still have a lot of work ahead, Alts are signaling strength.
A bull trap could be happening and the weekly close will tells us a lot today. Closing above 49k is a victory.
Anything below that is a danger zone.
EGLD possible scenario 111% potential
EGLD/USDT possible scenarios 111% potential
EGLD in 1-day time frame getting support from 0.618 Fibo retracement level.
In case this fib level doesn’t hold SMA 200 shows a second good entry point as a DCA.
RSI: Shows divergence.
MACD: is almost at the end of the downtrend and the uptrend is on the horizon.
VPVR: shows high trading volume in current price.
Dollar-Cost Averaging (DCA) is the best strategy.
DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment. I’m only recording my personal Technical Analysis (TA) for educational purposes.
I’m researching on crypto-economy and sharing my understanding with others, therefore these are results of my research NOT financial advice.
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📌You can find my other research result on: zil.ink
It's Cup season!! EGLDSeems like everywhere I look I see cup and Handles. looks like a target around 450 on the fib making confluence with he measured move from the Cup.
