EGLD
EGLD Elrond at 395$ or 310$ next waveNew retracement had changed our of Wave 2 for elrond it's why iam making this update (line in red). Here are possible targets for this intermediate wave 3 (red line) if we don't go lower.
Golden pocket has been hitted but always keep door open for a low W2. Yesterday was a BIG day today for the ElrondNetwork community with the release of Staking Phase 3. One step further to a more decentralized & secure network: staking is now available in Maiar as well. 1000+ additional nodes & another $350m got staked in less than 2 hours. +$1.3B staked right now this is pretty crazy!
Possible targets for intermediate Wave 3 (red line)
161.8% = 226$ (less probable)
261.8% = 310.64$ (favorite)
361.8% = 395.25$ (favorite)
With the lenght of Wave 1, most probable target for me will be 310$ or 395$
Best to you and have a wonderful day.
12 hour chart EGLDAfter a long two-month retracement and accumulation; Egld has currently broken out of the daily Asymmetrical triangle.
I'm expecting a measured move to a target price of around 309-325. I'll be dollar-cost-averaging 10% above all-time high resistances depending on the movement of BTC.
This is not financial advice, the chart is published for pure speculation.
DYOR.
Elrond to 425$ in Elliott Wave Just want to show you guys in Ewave probable targets for Elrond EGLD USDT
Intermediate Wave Yelllow possible targets :
161.8% : 245$
261.8% : 320$
Main Wave 3 Blue possible targets :
161.8% 257$
261.8% : 361$
361.8% : 465$
Main Wave 5 Blue possible targets :
100% : 362.05$
161.8% : 425%
$EGLD/USDT Perpetual 4h (Binance Futures) LONGEGLD Braking out of the Downward Trend Line
Current Price = 143.568
Buy Entry = 140.659 - 142.588
Take Profit = 165.266 | 187.302 | 208.273
Stop Loss= 129.330
Risk/Reward = 1:1.94 | 1:3.75 | 1:5.46
Expected Profit = + 50.28% | + 96.99% | + 141.42%
Possible Loss = - 25.89%
Leverage: 3x (Percentages are already Multiplied)
Estimated Gain time = 4 months
use Maximum 10 % of the Account
EGLD | Getting Ready for Another Bullish Wave..!!#EGLD (update)
Consolidating in Triangle from last 2 Months & Now, Almost Ready to Leave the Station But Bulls need Volume for Upside Breakout.
In Case of Upside Breakout, Expecting +90-120% Bullish Wave in Midterm (2-6 weeks) so Keep Your Eyes on it.
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Thanks for Your Love & Support..!!
Elrond end of compression and breakout march 26th coincidence?Really funny to see this compression ending march 26th because it's a special day for Elrond. It's the go-live date for the Delegation Manager Stacking Phase 3.0. Also tentatively, on March 27, the Web wallet & Maiar will display the available Staking Providers & their delegation SCs.
The new network features will be enabled on March 26th, after 14:30 UTC.
[60%] EGLD / USDTWhat Is Elrond (EGLD) ?
Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.
The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees, staking and rewarding validators.
Elrond was first announced in August 2019, and its mainnet went live in July 2020.
Elrond compressed between MA21 and MA50 - Wave 5 nextEGLD is stocked between to MA's, MA50 in yellow at 126.57 and MA21 at 139.485$
The price can play between those 2.. but what i see is a potential breakout for wave 5 at the en of the triangle March 22th or 23rd.
I will post possible targets for W5 in the bottom.
ELROND EGLD/BUSD WHAT CANDLES ARE SAYING :
4 hour : Upside, spinning top with a close higher than the opening.
Daily: Upside (reversal) (Spinning top green (confirmed a double bottom)
Weekly: downside last confirmation was a double top
*resume : Elrond is in accumulation mode. Pattern in formation is a M inside a Triangle, Neckline is receving support.
Price is compressed and stock between supported MA 50 and resistance MA 21. MA 7 and MA 9 are also resistance
PRICE RANGE TO EXPECT NOW : Between 126.60$ and 139.52$
Please note : MA50 is currently a strong dynamic support at 126.60$
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BTC DOMINANCE :
Currently at 60.77% is falling since beginning of january but BTC DOMINANCE is rising since March 7th and found a bottom.
BTC.D is picking up a bit which make it more difficult for Altcoins, Watch BTC dominance on Coinmarket cap (3rd chart in the bottom) :
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Bitcoin :
Daily: Last confirmation was double bottom at 55600$
Weekly: Last confirmation was bullish with a double bottom at 45190$
PRICE RANGE TO EXPECT NOW : Between 57150$ and 52573$
PLEASE NOTE DAILY MA21 is at 52573$
Thanks for encouraging me with CHEER .
Peace, best to you !!