Can EGLD/USDT reach 320$?EGLD/USDT It has good growth potential !!
It seems EGLD/USDT is trying to form a Cup and handle pattern! as you Can see the Cup has been formed but the handle has yet to Complete after the Completion of the handle we Can expect the price to increase as much as the measured price movement! do you think that EGLD Can reach around 320$ or not?
Our more recent analysis of EGLD /USDT :
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Egldusd
EGLD ELROND Cup & Handle to 335$i still see this Cup& Handle pattern which can bring us to 335$ and pure correlation with 161.8% of fibonnaci.
What to watch.
-Daily MA21 at 193$ (resistance)
-ema Ribbon on 4 hour (resistance)
When to get in..
-Wait for a confirmation of the breakout over the trendline or if you want to buy earlier wait for a candle close over the daily MA21.
Best to you, leave me a comment, are you Bullish or bearish short term on Elrond?
Elrond EGLD Bull flag Price projectionHi everyone, it's been a while, hope everyone is awesome !!
Just want to share quickly this bullflag formation with you, 2 projected possible prices are 281$ and 338$.
Last daily candle close was Bullish with a double bottom for the eGOLD.
I wish you the best of the best!
Elrond (EGLD) - April 10Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
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We have to see if we can climb above the 195.785813 point.
If it falls, we need to see if it can rise along the uptrend line.
If it falls between 147.020922-157.571180, a short stop loss is required.
In the CCI-RC indicator, if the CCI line crosses the EMA line, volatility may occur, so careful trading is required.
(1W chart)
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(EGLDBTC 1W chart)
(1D chart)
We have to see if we can get support and ascend in the 3158 Satoshi-3360 Satoshi section.
If you fall in the 2550 Satoshi-2683 Satoshi section, a short stop loss is required.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
EGLD BREAKOUT: new ATH coming soon!EGLD has been in a very long consolidation after its surge that ended on Feb 7th with an ATH of 217$.
The bull run was very powerful; coming from 34$ on January 24th but thus overextended, hence a long consolidation period.
Now EGLD just broke out of a huge triangle and is ready to join the alt mania party for a new ATH, check chart for targets.
I am very bullish on EGLD fundamentally, token economics are great (scarce) and I believe we can see 2 to 4x in the coming months!
(obviously EGLD is bullish on the BTC pair as well with 20/30% potential gain in the mid/short term)
Happy alt days! (check my profile for more (about to) mooning alt coins)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
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.
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%
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.
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 !!