Egldusdt
eGLDeGLD (Elrond) Finding support under resistance at the moment. Bullish once a breakout takes place and retests above black box. scenario void below $130. With the announcement of 30,000 Romanian vendors supporting eGLD and their DeFi 2.0 module due in April, I'm leaning towards bullish. MACD Cross over on the 12hr as well *not shown.
💡EGLD: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021📈#EGLDUSDT
➡️Entry: 130$
🎯Target 1: 165$
🎯Target 2: 195$
🎯Target 3: 240$
EGLDUSDT UpdateHello traders!
EGLD broke the correction and there is also a MACD cross so it's a strong buy.
It jumped from 120 to 140 and for those who missed the Trade can enter here with the same target.
Good luck traders and don't forget to hit the like button.
#ELROND #EGLD Possible targets for 2021#ELROND #EGLD Possible targets for 2021
TARGET1: 400 $
TARGET2: 800 $
TARGET3: 3900 $
TARGET4: 19900 $
TARGET5: Above 50,000
STOP LOSS: UNDER 70$
Symetrial trangle, what next EGLD?- volume seems like is ok
- btc seems like is not going down
- wait for confirmation what market will do
hell not financial advice, I am fomo trader
Make some space to growth for EGLD- local downtrade: hit
- resistance zones: hit
- imho volume is optimistic
- btc seemd like not going down
- for me is bullish/long but all depends on BTC
I hope it is not false/fake breakout.
hell not financial advice, I am fomo trader.
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
Possible pattern formed on 4H chartThis is my first chart.
EGLD already is following BTC chart where similar pattern can be formed. Not trading advice DYOR.
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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EGLD 1h tf Elliot waves scenarioHi guys, a quick bullish trade I took yesterday. Elliot impulse wave count.
Entry 102$
Target 138$
SL 95$
Not financial advice, trade safely my friends !
$EGLDUSD - Double bottomHello everyone!
Double bottom pattern on the watch!
Nice opportunity to enter with a relatively small SL.
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
Potential trend reversal on the Dollar can affect the EGold ?Hi everyone,
As discussed yesterday in the email sent to my members there was this possibility of seeing the EGLD pull back slightly to lower the bottom of its wave 2. From now on through my analyzes I will include a follow up on the S&P 500 (SPX) and the Nasdaq and the DXY ( USD) because several correlations exist between these indices. I didn't like the recent tweet of Elon Musk saying "nobody is enough stupid to buy the dollar)... market makers were waiting for that one.... Elon should focus a little more on produce it's own cars in time.
S&P 500 (SPX) - Dollar (DXY) and Nasdaq (IXIC)
Right now we have some indications that the SPX is looking to pull back.. since the we had a spinning top on the daily close feb 16th. The DXY has already marked a double bottom on the weekly and monthly chart and currently seems to be tracing what could be wave 2 of a new streak of 5 impulsives. We gonna have to watch the dollar.. if the dollar is reversing, Bitcoin will make a pullback.
SPX : A spinning top candle closed on the daily chart Feb 16th.. we are on a correction (pullback). No indications for now that we are reversing yet.
Nasdaq : No real indications that the market will pull back significantly for now. Seems to be a normal (small pullback)
DXY : Still in a corrective phase, but we mark a double bottom on the W chart and the M chart. The USD is creating a W2 on what it could be a new 5 impulsive waves.
Current situation on the EGold: Market makers put the EGLD under the MA21, the question is, is it temporary? I will have to go a little deeper today, this DXY double bottom of the dollar is definitely something we need to focus on and I will analyze this more in detail today.
