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Egldbtc

EGLD - KEEP AN EYE AT BTC!!!We need a steady BTC for a EGLD relaunch, I mean not a volatile one with no more than 5% ups and downs. I think everything in all the market now, as always is depending on BTC movements. Everybody keeps silent when the fat lady sings! I believe we are consolidating here. We could see ample movements and retracing after going up, don't forget, BTC is near ATH and EGLD/BTC bouncing between ATH and the previous ATH. I use Phoenix Ascending indicator to see trend changes. If you intend to use it, don't forget to check more timeframes to see the whole picture. This is the picture is my personal opinion, not a financial advice. Take care! Cheers!
by Bogdan_TOMOIAGA
2
EGLDUSDT (EGLD) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - EGLDUSDT was printing a falling wedge pattern. - That was a bullish reversal pattern. - Price brokeout above the falling wedge's resistance. - Price then retraced for a retest of the falling wedge's resistance and 0.618 fibonacci retracement level. - The retracement is resisted by the descending trendline resistance. - Possible uptrend continuation. BUY ENTRY ⬆️ - Aggressive entry (risky) : market price (now). - Conservative entry : breakout above the descending trendline resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the 0.786 fibonacci retracement level.
Long
by Chibuike_Odoh
Elrond EGold (EGLD) to 330$ and 1449$ short term targets.Hi everyone, Egold is having a great push on the upside and his market cap just by almost 3B on 8 days which is remarkable but there is some reasons for that, some Dev in the DEFI world are beginning to think that EGold would be the solution and offer a powerful structure that is surpassing by far Ethereum. Ethereum struggle, modifications are complicated and their developpers are saying that they try to change an engine on a car that is already moving on the road. Elrond offer 15000 transactions per seconds with an average cost of 0.001$ and Ethereum offer 15 transactions seconds with an average cost of 10.20$. One other advantage is the adaptative state sharding of Elrond which make the network much more efficient & scalable. They also have a Virtual Machine VM WASM that is incredibily powerful. Adoption is fast with the possibility of staking EGLD at 29% API. Here are some possible EW possible short term targets. 330.16 (161.8% fib) 1449.39 (200% fib) *The material in this post has no regard to the specific investment objectives, financial situation or particular needs of any viewer. This post is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies or any related financial instruments. Nor should any of its content be taken as investment advice. Crypto Kirby is not a financial advisor. The views expressed in this video are completely speculative opinions and do not guarantee any specific result or profit. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this post are subject to change without notice. Crypto_Mercy is not under any obligation to update or keep current the information contained herein. Crypto_Mercy may have an interest in the securities, commodities, cryptocurrencies and/or derivatives of any entities referred to in this material. Crypto_Mercy accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this material. Crypto_Mercy recommends that you consult with a licensed and qualified professional before making any investment or trading decisions.
BINANCE:EGLDUSDLong
by Crypto_Mercy
31
$EGLD - more DeFi, more pumpElrond a fundamentally brilliant DeFi with a great team behind it has only kept rising since its launch Extremely low fees, insanse transaction speeds and capability with the addtions of decentralised finance and fintech its a good look On the TA side, we have some form of bull flag/ trend-line being broke, once flipped new ATH's should be formed As long as BTC continues above 34.5K this should be more than good for new ATH's Also the ETHBTC chart is now in the upper range which means Alt's should have that extra power
Long
by InvestmentsHub
Is Elrond the STRONGEST Crypto Project?Elron is still very early - it just crossed the 1 Billion Dollar market cap. Ridiculous low transfer fees, extremely fast and reliable, the project with the most active development in the crypto space. In development: Full interoperability with 5 networks, oracles with Chainlink and Band protocol + aggregating pool for CEX and DEX with Orion Protocol, Binance Leverages the Elrond Blockchain for Fast & Inexpensive BUSD Stablecoin Transfers , they are launching Maiar app today as well. Most important: I see most of the crypto projects failing and most of them will fail, because they are being run by developers who aren't very business savvy. They lack the skills to develop the startup into a scaling platform. Elrond CEO is Beniamin Mincu and if you've seen any interviews with him, you'll know what I'm talking about in contrast to other crypto projects. Short term target: $110-$170 Near term target: $220-$290 Midterm terget: $440-$600 Long term: I think 1 eGLD could be worth thousands. It's realistic since at least a 50 billion USD market cap should be easily achievable for this kind of project in the next 3-5 years. Not a trading advice.
BINANCE:EGLDUSDLong
by Pill_z
17
💡Don't miss the great buy opportunity in EGLDBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.000900). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLD/Bitcoin 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 58. Take Profits: TP1= @ 0.001260 TP2= @ 0.001480 TP3= @ 0.001740 TP4= @ 0.002580 TP5= @ 0.002580 TP6= @ 0.002900 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
10
💡Don't miss the great buy opportunity in EGLDBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.000900). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLD/Bitcoin 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 58. Take Profits: TP1= @ 0.001260 TP2= @ 0.001480 TP3= @ 0.001740 TP4= @ 0.002580 TP5= @ 0.002580 TP6= @ 0.002900 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
12