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!
Egldusdt
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 $280 price target from the Fibonacci Projection.
Regardless this is a great project to hold onto long term, great things are coming. EDST, Staking, Launchpad, DEFI, Partnerships Continuously rolling out and of course limited supply.
EGLD BULL patern x2 after a week of stabilation egld will explode if ew break the firts a lot of chance we other one to
Fasten your seatbelts the show is about to begin for ElrondWith a Takuri candle and this bull flag... just be a little patient. They didn't sell everything to rebuy at 66$ 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.
Ideal position EGLDUSDTWith the break of the trend line, we expect AB to be modeled from C to form D.
EGLDUSD - DEEP DIVEAfter a huge rally and retracement Elrond looks to be consolidating. we see a range forming between $125 ~ $165.
Takuri Candle mean flying to the moon Takuri Candle mean flying to the moon , I wish i could have a weekly remain the same shape to fly with this candle toward 161% Extension to 412 soon
$EGLD/USDT 12h (Binance Futures) Parabolic curve on supportElrond eGold is retracing down but I believe uptrend could resume soon.
Let's try to catch the next big dip if we are lucky enough!
Current Price= 132.204
Buy Entry= 110.013 - 97.005
Take Profit= 159.521 | 219.800 | 311.178
Stop Loss= 75.154
Risk/Reward= 1:1.98 | 1:4.1 | 1:7.32
Expected Profit= +54.11% | +112.35% | +200.63%
Possible Loss= -27.39%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 1440h
EGLD LongSymmetrical triangle bullish breakout, momentum wave pattern reversing. Good fundamentals.
Shorter term and longer term target if breakout holds.
EGLD Is Under Heavy Accumulation By The BullsELROND (EGLD) has been making a health correction for a long while after making a spike up in price and melted faces off. It has been under heavy accumulation since then and it is running out of room withing a text book falling wedge.
Set your alerts on TradingView to catch the breakout and enjoy the ride.
Elrond Fast TradeEasy one and fast. Good Project not much risks.
Buy ONLY if it confirms H4 candle close more than 150$+.
- Buy Zone : 150$ ish
- TP1 : 185$ ( +23% ish)
- SL : under 130$ ( EMA100 Breakdown )
Be Wise and keep and eye on BTC price all the time.
Happy Tr4Ding !
EGLD CUP & HANDLE?EGLD Tests resistance at 150, almost looks like a cup and handle pattern, look for another breakout, 170 Target.
Stop LIMIT ALWAYS
Potential breakout in preparation for ElrondHello everyone,
potential breakout in preparation for Elrond, please take a look a my chart.
The pole give me a potential Target og 197$.. if breakout occur my red line and the
Gold line (fibonnaci Golden at 171$) 0.618% would be 2 great zone to take profit.
Bullish scenario in preparation?
We have a huge Spinning top in formation on the daily.. if it close like this in 48 minutes this will be our
reversal confirmation to the upside.. i will post this candle (spinning top) under.
Have a great night now.
