EGLD
EGLD/USDT Analysis: Strong price reaction soon!On the EGLD / USDT chart we see how the trend lines are squeezing our price.
The price is falling to very strong support, where the EMA 200 Daily is also important.
This place of strong confluence TL + S/R + EMA200 is marked in the purple box.
Here we expect a strong price reaction and an upward price reflection.
If all the conditions of our Price action strategy are met, we will enter the Long Position.
Happy trading, Alex_UCT
Next 60 Day Elrond Expectation$EGLD bounce off bottom of channel with a clear step path forward.
Expectation based on broader crypto market behavior for overall trend.
EGLD will move counter to the rest of the market in alignment with the ecosystem's fundamentals and accomplishments on the roadmap.
Elrond: It's going to get bloodyWe like the Elrond chart because the Elliott Wave count is crystal clear. It just finished at a secondary wave 4 in the shape of a triangle that broke to the downside. We are now in minor wave 3 of secondary wave 5 to the downside, this is where things unravel and gets unfortunately bloody. I have set two potential targets to watch. In case of a truncation, it would mean Elrond would simply revisit its previous low of $225 from last week's crash. In case of a channel bottom retest, price could fall as much as $180 in the upcoming days. Since the wave count is easy to read, when this bottoms, it's probably when Bitcoin and Ethereum are going to bottom as well.... We will see!
EGLD - Elrondcheck this site "coin360" , set the block size in volume , hide the BTC,BNB,ETH,USDT ....
look at the EGLD, what a good volume .
in the ascending channel , you can buy EGLD for long-term ,it has great goals, midline is important resistance line , Ichimoku can help you .
don't forget to buy step by step and keep in watch the BTC chart .
[UPDATE EGLD] Circular fib modelEGLD model 3 update.
Very immediate scenario.
(DEC: min 900 max 1300) - take profit 50% 850
EGLDUSDT: Ready to $415Hello My Follower
My Technical Analysis Confirm Target Price of EGLD/USDT Ready to 415 USDT Soon...
Resistance of this chart refer to Binance Exchange
First Resistance: 315 USDT
Second Resistance: 415 USDT
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*Simple but powerful
Time to DCA this coin, Not Financial Advice!!!
🔥 EGLD Triangle Break Out: Volatility IncomingSince the massive drop last weekend, EGLD has been seeing a prolonged period of consolidation. This period of consolidation formed an almost perfect triangle on the chart.
Classically, triangles end up with a climax (break out) towards one side, often accompanied by a lot of volume and volatility.
Since EGLD is nearing the end of the triangle, I'm expecting volatility soon. With the crypto (and stock-) market seeing a strong reversal at this point in time, it's expected that EGLD will break bullish. Wait for a big green candle to confirm the break out.
Targets placed at recent tops.
Happy trading!