Egldusdt
Elrond EGLD to 24.78$ is that possible scenario ° Rising Wedge °Ok i know a lot of people will not like this but i just want to share with you what i see on the logarithmic chart...It's just a scenario don't Panic... don't really like this Bart Simpson Head now... We all so have the bullish scenario with the cup & Handle.. but this can happen if Bitcoin is crashing... The eGOLD is forming a Rising Wedge for now.. The pole is bringing de eGOLD to the Golden Fibonnacci on the logarithmic 0.618 around 24.78$.
If i don't use the log mode the pole with is briinging the eGOLD around 0.9 or 0.85 it depend where the breakdown point will be.…which mean this would be a strong wave 2. Nothing sure yet but if the roof of the wedge is breaking.. be careful.. Take precaution.
Have a wonderful day.
Can EGLD/USDT reach 320$?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 :
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
EGLD trading scenario 26th of April 2021Hi guys,
I see a nice V shaped recovery for EGLD from the median line of the descending parallel chanel.
Bull : break outside upward and retest follow by a nice green candle to overcome the 175$ area.
Bear : come back to retest the median and break to the downside (expecting a visit to the 110$ area soon)
RSI - almost overbought, Volume : low
Trade safely guys, this is not financial advice.
EGLDUSDT: Analysis#EGLD/USDT
Spot (Midterm)
Investment Recommendation
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Entry Range : 150 - 130 - 120 - 110
Exit Points : 250 - 330 - 510 - 680 - 800
Stop Loss : No Need
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⚠️ Risk Level : 5/10
💲 3 - 5 % Of Total Assets
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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?
CRYPTO Markets situation(What is going to happen right now?)Hi every one
the latest dip in crypto markets was pretty unfortunate for a lot of people. but the dump is only temporary! as you can see we provided some examples for you that shows the market is forming The V pattern! V pattern happens when the market gets emotional and people act on their Greed and Fear!(It is usually associated with high trading volume) V patterns Don't Effect the market trend. In our opinion the market will be back to where It has been few days ago and It would continue the bullish trend!
Thank you for seeing idea .
Have a nice day and Good luck
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!