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Elrondbtc

Key Levels to watch of EGLD (Elrond Gold) We're in a buy area. These are the key levels of Elrond in a Weekly chart. $540 ATH $430 Highest Close Ever $268 Support and resistance $235 Support and resistance $188 Support and resistance. Fibonacci retracement is currently at 100% at this level, the price will most likely reverse from this area. $141 - 150 Supply and demand zone $65 - 88 Supply and demand zone Notes: * Price tends to bounce at these levels. If one level breaks, the price will go to the next level whether it's above or under it depending on the direction of the break. * Pay attention to BTC price as well cause everything is correlated in the short term. BTC analysis is coming up soon. * Continue Dollar Cost Averaging anywhere near the key levels
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by BlueRidgeBusiness
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 $4,374,613,654 vs Biggest German Bank, Deutsche Bank 23.864B Market Cap Moderna - saves the world from Covid-19 - 69.146B Market Cap Ebay - Market Cap 42.174B FORD - 42.174B MARKET CAP When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends. When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing. If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
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by BuySellMarketMaker
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ERDBTC - e-Waves e Falling WedgeERDBTC - e-Waves e Falling Wedge The falling wedge integrates correction (ABC) tracked with Elliott Waves. The Breackout of the falling Wedge coincides with the simulation of the next Elliott wave (12345). A long forecast that seems more than feasible for Elrond also given the strong capitalization, the latest volumes and the work done by the support highlighted by point (C) of the correction (ABC). The STOCH chart seems to anticipate the onset of the price chart by forcefully exiting its Falling Wedge. The interest in the project is strong and the technology is excellent. In short, for me it is a good bull run coming up.
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by gabrielestampa
ELROND ($ERD) 🥇 | You Haven't Seen Elrond on Buzzfeed...Yet💨💨 Our last Elrond chart worked wonders as the bulls quickly found support and then pumped ERD so hard the Bears needed to see a vet. Today we are doing a follow-up analysis for the bulls to see if they can break the next resistance before someone can break the Elrond blockchain (see the contest in the links below). As you can see below, we have done a side-by-side of ERDUSDT to look at long term levels without having to zoom out too much. Let's look at some levels that are in play now that the bulls have taken ERD to new local heights. Hit that 👍 button to show support for the content and help us grow 🐣 Support: The most important support level for the bulls is the S1 expected S/R flip. The reason we have marked this potential level is that if price does need to find support, it'll have to do it without much of a pullback. All established supports are too far down for the current bullish market structure to hold on a retest. If S1 can't hold, the S2 orderblock at the swing low could hold. S2 could work to send ERD higher, but testing this level is a bad look for the bulls as explained above. While there are lower support levels, they aren't relevant to the current market structure so let's leave them aside for now. Resistance: The first level of resistance is the R1 orderblock cluster. It is logical for the bulls to find resistance here, if they do the hope would be that it is temporary and at most results in a shallow pullback to S1. If R1 can be broken, then the next target for bulls is the R2 orderblock at the swing high. Summary: ERD bulls had a beautiful setup on our last chart. While momentum and market structure look good still, the bulls have a bit of a problem in that they don't have much support to look to and thus have to keep running. That said, running is what these ERD bulls seem to do best so this may be achievable. Resources: www.coindesk.com
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by AlphaBotSystem
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ELROND ($ERD)💲 | Why Elrond is the Secret to Financial Freedom👁️‍🗨️ Elrond will pay you $60k if you break its blockchain before its MainNet launch. That is attractive, but honestly, ERD has been paying you to just smash the buy button like a caveman (no coding skills necessary)... and that is attractive too. Jokes aside, ERD has been on a very evident uptrend since the COVID bottom and it looks like the bulls have more room to run. Let's take a look at some levels. Support: The S1 bullish S/R flip has already acted as support after we ran the previous swing low. This level should act as support again if needed. Below S1 is the S2 orderblock created on the way up. This could act as support if, for example, the wider crypto market falters. Despite this, the bulls' best bet is to avoid any trip below S1 and to simply maintain momentum. Resistance: The R1 orderblock formed at the previous swing highs is our first point of resistance. The best bet for the bulls is to blast through this, thus avoiding consolidation between R1 and S1 with a chance of testing S2 or lower. The ultimate goal for the bulls is the R2 orderblock. A break above R1 with an R2 target means some nice percent gains for the bulls and further strength and momentum on that ERD chart. That is exactly what the bulls want to see to keep this chart looking great. Summary: With ERD's MainNet on the way and price in an uptrend, Elrond bulls have a great setup. All they need to do is keep the momentum going. The question is, can they do it, or are they going to let R1 get in their way? Resources: www.coindesk.com + finance.yahoo.com Hit that 👍 button to show support for the content and help us grow 🐣
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by AlphaBotSystem
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ERD / BTC. Channel. Cycle. Potential + 88-270%. Past Idea + 44%After a false breakdown of the channel, the price fell back to the accumulation channel in increments of + 88%. Now the price is at the bottom of the channel. To begin with, we are trading the channel’s potential, which is + 60-80% . Zones of purchase / sale I depicted on the chart. Also showed a temporary cyclic movement. ENTRANCE and TARGET 1) Entrance at the lower boundary of the horizontal accumulation channel, with confirmation of support. It is better to buy a little more expensive, but with a greater degree of confidence than freezing money in an indefinite lateral movement at the bottom with a small step. Premature entry into the market may result in a Stop Loss loss of -X% or for particularly greedy impatient traders who do not use Stop Loss - a second bottom as a gift. The potential movement inside the channel to the upper limit of its resistance is + 60-80%. Be patient, do not rush to enter the market. If the price is fixed below the support of the channel , you should forget about entering the market and a coin, to a new interesting entry point. 2) Entrance is higher than the channel resistance when fixing the price. Potential channel width, the same + 60-80%. It is also worth noting that fixing the price above the resistance level of 30 satoshi will form a double bottom figure , which is a reversal pattern of a downtrend, this will give traders more confidence in purchases and upward movement. From the purchase zone to the second target zone, the profit is about + 270%. Stop loss Under key support levels during your entry into the market. The coin is traded mainly on Binance, and there are pairs not only to BTC, but to usdt and BNB, which is not a good sign. Notice, there are only 4 exchanges and mainly bidding on Binance. Project Legend - A scalable value transfer protocol for the digital economy. The previous trading idea for this coin in November when a symmetrical triangle was drawn in the middle of the channel yielded + 44% profit. The price reached just in the area that was indicated in the trading idea. ERD there were no pumps.Low fame coin Channel 85% Triangle +49% Remember, trading is a game of probabilities. Who trades from the situation created in the market - earns. Who trades on the basis of what he wants - receives a loss. The crowd trades out of their desires, not market probabilities. The crowd always loses. Thanks to the thinking and desires of the crowd, we earn.
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by SpartaBTC
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