EGLD
Which choice is blue (1) or purple (2)? $EGLD #EGLDWhich choice is blue (1) or purple (2)? $EGLD #EGLD
Daily close look good for Elrond, 144$Hi everyone ! Hope everyone is well !! :-)
Double bottom confirmed on this recent daily close.. very clean.. with a new high and a higher low.
Bitcoin also had a double bottom with a higher low but no new high.
Short term here are Resistance
R1 : 135$
R2 : 164$
R3 : 182$
R3 : 200$
Short term here are Support
S1 : 101$
S2 : 86$
S3 : 55$
It's a great buy opportunity in EGLDBTC @ElrondNetwork @Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00218). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.002490
TP2= @ 0.002690
TP3= @ 0.003080
TP4= @ 0.003480
TP5= @ 0.004200
TP6= @ 0.004640
SL= Break below S2
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It's a great buy opportunity in EGLDBTC @ElrondNetwork @Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00218). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.002490
TP2= @ 0.002690
TP3= @ 0.003080
TP4= @ 0.003480
TP5= @ 0.004200
TP6= @ 0.004640
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Elrond 100 000 transactions per second #DEFIHigh volume financial applications will always favor high throughput and low latency decentralized networks. Elrond is capable of scaling beyond 100,000 transactions per second and will always be the right choice for large transactional volumes, either from traditional financial applications or other chains.
^^Source twitter
EGLD/USDT Bullish Pennant!!! This is REALLY undervalued now...EGLD/USDT making Bullish Pennant and soon this is about to be exploded.
If Bitcoin is now not this top and unstable, you know, now is the worst time to buy BTC, EGLD most probably could go up in this bullish signal...
Unfortunately, I personally think this may go below the support line, because most alts follows BTC and/or ETH. But I don't say this can't go up this time. This signal essentially is a bullish pattern.
EGLD/USDT 's target is respectively 210 for up and 81 for down.
But remember that: buy the fear(dip) sell the greed(top).
Also, alts are more volatile than BTC or ETH, like while BTC only down 20%, alts or this EGLD potentially could down 40%. Buying that dip is very great, isn't it?
Don't fear the dump and prepare yourself...
Luxury Trade💰One more pattern for you, wolves🔥
Really clean and seems like easy trade only for you.
There is a symmetrical triangle on EGLDUSDT.
There was a strong bearish sentiment before.
So let's see will it continue its own movement or the sentiment of the market will change!
Follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
Elrond EGLD Prepare For SellOfFThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
Elrond EGLD Fully Diluted Market Cap $4,374,613,654
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
EGLD symmetrical triangle
Symmetrical triangle pattern forming, will we break above or below? It could go either way. No break and this pattern will form into an ascending triangle, MA looks to be increasing again. RSI mid range.
Many are speculating $280 price target from the Fibonacci Projection.
Regardless this is a great project to hold onto long term, great things are coming. EDST, Staking, Launchpad, DEFI, Partnerships Continuously rolling out and of course limited supply.
Fasten your seatbelts the show is about to begin for ElrondWith a Takuri candle and this bull flag... just be a little patient. They didn't sell everything to rebuy at 66$ for nothing.
This pole is screaming 275$ or 297$ and it's just the beginning.
It's not the time to sell your EGLD!
Have a wonderful weekend !
EGLDUSDT (EGLD) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- EGLDUSDT printed a bullish flag pattern.
- Price brokeout above the bullish flag resistance and had a retest.
- Price action is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.