EGLD - Time to decide!The Bullish scenario now seems more likely
But we must also pay attention to the bitcoin chart (chart below), which will activate the orange scenario if its support fails
Note that this is just the beginning of the core activity of the Elrond ecosystem, and fortunately they are not progressing like Cardano !
If I progress according to the yellow scenario, I will update the analysis
Good Time :)
Egldusd
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (286.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 330. 01
TP2= @ 369. 40
TP3= @ 422.45
TP4= @ 468.33
TP5= @ 542.50
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 / Crypto 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 ❤️
💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (286.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 330.01
TP2= @ 369.40
TP3= @ 422.45
TP4= @ 468.33
TP5= @ 542.50
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 / Crypto 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 ❤️
Elrond retracement almost overHi everyone,
My count is presenting a very complex retracement for Elrond but almost over. 3 possible targets i see for now 254.90$, 241.31$ and 218.38$. Golden fib support is at 248.57$. Z wave show a max retracement at 200$... can be a wick, but i personnaly think the Golden Fib will hold.
Pattern we are currently inside is a falling wedge which is a bullish pattern
Best to you !
Elrond: It's going to get bloodyWe like the Elrond chart because the Elliott Wave count is crystal clear. It just finished at a secondary wave 4 in the shape of a triangle that broke to the downside. We are now in minor wave 3 of secondary wave 5 to the downside, this is where things unravel and gets unfortunately bloody. I have set two potential targets to watch. In case of a truncation, it would mean Elrond would simply revisit its previous low of $225 from last week's crash. In case of a channel bottom retest, price could fall as much as $180 in the upcoming days. Since the wave count is easy to read, when this bottoms, it's probably when Bitcoin and Ethereum are going to bottom as well.... We will see!
[UPDATE EGLD] Circular fib modelEGLD model 3 update.
Very immediate scenario.
(DEC: min 900 max 1300) - take profit 50% 850
EGLDUSDT , Its ready to buyHello everybody
According to our last analysis , all of buy zone activated and now we are ready to go up to reach our target and our zone
But the important thing is in each zone becareful and if you see anything that show us the trend is becoming weak we should be ready to sell our egld but we try to update chart that time but if we forget to do this you have view of movement that what you should do ??
EGLD is one the most powerful project that is working in blockchain
Previous analysis :
Good Luck
Abtin
EGLD Short termStrong support between $340 to $350 and short term goal is $600
I am not a financial advisor. The content I create should not be considered financial advice, and is for entertainment purposes only! This is a video for entertainment purposes ONLY. If stocks are mentioned on this videos, I may have an ownership interest in them (i.e. bought some shares) so please DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified appropriate professional for the subject you would like help with financial advice
EGLDUSDT , We need more correctionGood night everyone
According to our last analysis , exactly the movement and our predict happen and now after we made new breakwave ,we need to recovery the power to go up more and more .
Maybe because of the momentum the price want to go up and check the resistance zone and top of the breakwave again and then fall down
EGLD is one of the most powerful project in crypto and the fundamental of them is heavy powerful :D
We shown on chart two buy zone area that check in multi-time frame to find best zone for buying and HODL it until the target that we will publish in future can reach
Previous analysis :
Good Luck
Abtin
EGLD ELRONG EGLDUSDT Long Opportunity 20211124Signal: Blue -> Green
Structure Confirmation: Break Through the Resistance Lines
EGLDUSD, EGLDUSDTP, EGLDUSDT, CRYPTO, CRYPTOCURRENCY, ELROND
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.