EGLD/USDT Bullish Pennant!!! This is REALLY undervalued now...EGLD/USDT making Bullish Pennant and soon this is about to be exploded.
If Bitcoin is now not this top and unstable, you know, now is the worst time to buy BTC, EGLD most probably could go up in this bullish signal...
Unfortunately, I personally think this may go below the support line, because most alts follows BTC and/or ETH. But I don't say this can't go up this time. This signal essentially is a bullish pattern.
EGLD/USDT 's target is respectively 210 for up and 81 for down.
But remember that: buy the fear(dip) sell the greed(top).
Also, alts are more volatile than BTC or ETH, like while BTC only down 20%, alts or this EGLD potentially could down 40%. Buying that dip is very great, isn't it?
Don't fear the dump and prepare yourself...
Egldusdt
Luxury Trade💰One more pattern for you, wolves🔥
Really clean and seems like easy trade only for you.
There is a symmetrical triangle on EGLDUSDT.
There was a strong bearish sentiment before.
So let's see will it continue its own movement or the sentiment of the market will change!
Follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
Weekly close, a good signs for ElrondBased on the last weekly close and the Takuri candle signals are looking pretty good for Elrond. We have a double bottom accompanied by a takuri with a closing of the body slightly higher than the last one. Also i really like we took our time on this one, Elrond is showing healthy signs by waiting for it's own Daily MA 21 (dynamic support) is now at 135.52$ which is pretty awesome... this is a pretty good news for the Hodlers or the Stackers.
Also keep in mind that Elrond Team is coming with Maiar stacking DEFI, Decentralized Exchange, DEFI 2.0 module and name service.
Iuga Mihai also published on twitter yesterday and wrote :
Years of creative effort are about to come live on the Elrond Mainnet in just a few short week. Smart contracts, stacking, DEFI 2.0m ESDTs and NFTs will soon become accessible to a large group of people. Hypergrowth DAY 47
Here are some Take Profits:
-TP1 ZONE = 173$ - 176$
-TP2 ZONE = 202$ - 209$
-TP3 ZONE = 242$ - 261
-TP4 ZONE= 274 - 279$
-TP5 ZONE = 304 - 315$
-TP6 ZONE = 344$ - 374$
Resistance to beat now :
145$ -10H MA21
148$ - 12H MA21
149$ - 4H MA100
151$- 2D MA9
155$- 3H MA100
If you want me to post update, leave a comment and i really appreciate CHEERS,
it's helping me a lot. Best to you and thank you!
Elrond EGLD Prepare For SellOfFThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
Elrond EGLD Fully Diluted Market Cap $4,374,613,654
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
EGLD symmetrical triangle
Symmetrical triangle pattern forming, will we break above or below? It could go either way. No break and this pattern will form into an ascending triangle, MA looks to be increasing again. RSI mid range.
Many are speculating $280 price target from the Fibonacci Projection.
Regardless this is a great project to hold onto long term, great things are coming. EDST, Staking, Launchpad, DEFI, Partnerships Continuously rolling out and of course limited supply.
Fasten your seatbelts the show is about to begin for ElrondWith a Takuri candle and this bull flag... just be a little patient. They didn't sell everything to rebuy at 66$ for nothing.
This pole is screaming 275$ or 297$ and it's just the beginning.
It's not the time to sell your EGLD!
Have a wonderful weekend !
EGLDUSDT (EGLD) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- EGLDUSDT printed a bullish flag pattern.
- Price brokeout above the bullish flag resistance and had a retest.
- Price action is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
$EGLD/USDT 12h (Binance Futures) Parabolic curve on supportElrond eGold is retracing down but I believe uptrend could resume soon.
Let's try to catch the next big dip if we are lucky enough!
Current Price= 132.204
Buy Entry= 110.013 - 97.005
Take Profit= 159.521 | 219.800 | 311.178
Stop Loss= 75.154
Risk/Reward= 1:1.98 | 1:4.1 | 1:7.32
Expected Profit= +54.11% | +112.35% | +200.63%
Possible Loss= -27.39%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 1440h
EGLD Is Under Heavy Accumulation By The BullsELROND (EGLD) has been making a health correction for a long while after making a spike up in price and melted faces off. It has been under heavy accumulation since then and it is running out of room withing a text book falling wedge.
Set your alerts on TradingView to catch the breakout and enjoy the ride.