Egldusdt
eGLDeGLD (Elrond) Finding support under resistance at the moment. Bullish once a breakout takes place and retests above black box. scenario void below $130. With the announcement of 30,000 Romanian vendors supporting eGLD and their DeFi 2.0 module due in April, I'm leaning towards bullish. MACD Cross over on the 12hr as well *not shown.
Big Correction big Target, Buy EGLD on breakoutHello Traders!
Only buy when there is a breakout. Before the breakout you can end in big loss.
There is a big correction in EGLD and it's very close to break the correction. The First Target must be 100% of the investment and original Target is 300.
Good Luck
Daily close look good for Elrond, 144$Hi everyone ! Hope everyone is well !! :-)
Double bottom confirmed on this recent daily close.. very clean.. with a new high and a higher low.
Bitcoin also had a double bottom with a higher low but no new high.
Short term here are Resistance
R1 : 135$
R2 : 164$
R3 : 182$
R3 : 200$
Short term here are Support
S1 : 101$
S2 : 86$
S3 : 55$
It's a great buy opportunity in EGLDBTC @ElrondNetwork @Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00218). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EGLDBTC 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 51.
Take Profits:
TP1= @ 0.002490
TP2= @ 0.002690
TP3= @ 0.003080
TP4= @ 0.003480
TP5= @ 0.004200
TP6= @ 0.004640
SL= Break below S2
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Elrond 100 000 transactions per second #DEFIHigh volume financial applications will always favor high throughput and low latency decentralized networks. Elrond is capable of scaling beyond 100,000 transactions per second and will always be the right choice for large transactional volumes, either from traditional financial applications or other chains.
^^Source twitter