the egld is in an ascending triangle, then "burnbabybun" ? ;-)the egld is in an ascending triangle, then "burn baby" ? ;-)
EGLD
Another Higher low - Still BullishLanding another higher low with RSI pointing up again. We need to continue to hold the support. I remain bullish as long as overall markets don't dump.
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.
Ideal position EGLDUSDTWith the break of the trend line, we expect AB to be modeled from C to form D.
Higher Lows - BullishRetesting breakout pattern. Bullish divergent on the RSI. Hoping for a strong bounce here. Over all I remain bullish on EGLD. Next few days will show us more.
-GA
EGLDUSD - DEEP DIVEAfter a huge rally and retracement Elrond looks to be consolidating. we see a range forming between $125 ~ $165.
EGLD ready to jumpLooking at the 1 h chart, we have a critical area to monitor. If the price moves to the upper trend, EGLD can reach a new ATH
Takuri Candle mean flying to the moon Takuri Candle mean flying to the moon , I wish i could have a weekly remain the same shape to fly with this candle toward 161% Extension to 412 soon
$EGLD/USDT 12h (Binance Futures) Parabolic curve on supportElrond eGold is retracing down but I believe uptrend could resume soon.
Let's try to catch the next big dip if we are lucky enough!
Current Price= 132.204
Buy Entry= 110.013 - 97.005
Take Profit= 159.521 | 219.800 | 311.178
Stop Loss= 75.154
Risk/Reward= 1:1.98 | 1:4.1 | 1:7.32
Expected Profit= +54.11% | +112.35% | +200.63%
Possible Loss= -27.39%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 1440h
EGLD LongSymmetrical triangle bullish breakout, momentum wave pattern reversing. Good fundamentals.
Shorter term and longer term target if breakout holds.
Elrond Fast TradeEasy one and fast. Good Project not much risks.
Buy ONLY if it confirms H4 candle close more than 150$+.
- Buy Zone : 150$ ish
- TP1 : 185$ ( +23% ish)
- SL : under 130$ ( EMA100 Breakdown )
Be Wise and keep and eye on BTC price all the time.
Happy Tr4Ding !
EGLD CUP & HANDLE?EGLD Tests resistance at 150, almost looks like a cup and handle pattern, look for another breakout, 170 Target.
Stop LIMIT ALWAYS
Potential breakout in preparation for ElrondHello everyone,
potential breakout in preparation for Elrond, please take a look a my chart.
The pole give me a potential Target og 197$.. if breakout occur my red line and the
Gold line (fibonnaci Golden at 171$) 0.618% would be 2 great zone to take profit.
Bullish scenario in preparation?
We have a huge Spinning top in formation on the daily.. if it close like this in 48 minutes this will be our
reversal confirmation to the upside.. i will post this candle (spinning top) under.
Have a great night now.
EGLDUSD 2021-02-17 (4HR)EGLDUSD Trending downward
Resisting at $160
Support Level at 140
If that fails next support is 110
EGLDUSDT Bullish MoveEGLD team came out with launch of Elrond 2.0 . To server billions people and scale.
Good news received with revival move for EGLD.
Earlier breakout confirmed. I took first profit at $157 - $160 .
Retracement in play. Support level holding pretty well.
I expect an upward bounce from thence.
I am bullish on EGLD atm. We move to retest previous price and breakout.
Follow. Like and share your thoughts.
🎯EGLD - News Comes out, Price Goes up!🚀EGLD has seen massive growth this year so far, rightfully so as they are a great project pushing forward fast.
They released some pretty big stuff regarding defi on their network today after a good retrace from over $200.
Expect this to break upward and net some easy money.
Follow the happy man, target 152Did you see t he happy man?
Following the reversal head & shoulders pattern.
If it breaks 138,5 then target will be 152.5
SL 125.2
Please follow 15m chart and candle close prices. Please wait for the confirmation to enter the trade.
And I'd be happy to see your comments if you join the trade.
EGLD straight oblique descent, where to?There are some options and some levels in my drawing.
Take care of your hard worked money!
Cheers!
