Egldusdt
EGLD ON THE GOOD SUPPORTHello Everyone today we are gonna analyze the EGLD chart and im so supprised because its really similar to AVAX chart and now egld on the good support so you can see the target in the chart and everything is obvious , make your descison and do it with your own risk !
NOT FINANCIAL ADVICE
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 :)
$EGLD/USDT 2D (Binance Futures) Ascending trendline on support Elrond eGold bounced on 100EMA and seems ready to resume the uptrend, let's place bids inside the demand zone.
Current Price= 242.18
Buy Entry= 241.42 - 212.34
Take Profit= 335.36 | 485.60 | 707.59
Stop Loss= 172.51
Risk/Reward= 1:2 | 1:4.76 | 1:8.84
Expected Profit= +47.81% | +114.03% | +211.88%
Possible Loss= -23.96%
Fib. Retracement= 0.5 | 0.883 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
Websites: elrond.com maiar.exchange
EGLD NEW MUSK COIN?!This coin is really outperformimg everything and it has a big potential move to the upside RN.
Take your profits where green level area is shown but start taking partially profits at 348$
Clear direction towards up, don't greed to much w/ your profits and lock them in.
NO SL.
Use risk management and dont over leverage your position.
Elrond´s (EGLD) 4 tasks on the daily chartElrond´s 4 tasks on the daily chart...
1. break the MA Ribbon and turn it bullish
2. break the OBV resistance
3. break the RSI resistance
4. use the hidden bullish divergence and FIB golden pocket as support.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Elrond (EGLD) Buy Zone - Signal !!!!!lrond ( EGLD ) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
RISK : LOW
Elrond is in uptrend and now trying to breakout the last resistance on Ichimoku and Volume Price.
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$ EGLD/USDT SPOT SETUP
Entry Price : 240 - 255
TP 550
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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 !
EGLD/USDT Analysis: Strong price reaction soon!On the EGLD / USDT chart we see how the trend lines are squeezing our price.
The price is falling to very strong support, where the EMA 200 Daily is also important.
This place of strong confluence TL + S/R + EMA200 is marked in the purple box.
Here we expect a strong price reaction and an upward price reflection.
If all the conditions of our Price action strategy are met, we will enter the Long Position.
Happy trading, Alex_UCT
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!