Elrondlong
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.
EGLDUSDT Bullish MoveEGLD team came out with launch of Elrond 2.0 . To server billions people and scale.
Good news received with revival move for EGLD.
Earlier breakout confirmed. I took first profit at $157 - $160 .
Retracement in play. Support level holding pretty well.
I expect an upward bounce from thence.
I am bullish on EGLD atm. We move to retest previous price and breakout.
Follow. Like and share your thoughts.
Elrond EGold (EGLD) to 330$ and 1449$ short term targets.Hi everyone,
Egold is having a great push on the upside and his market cap just by almost 3B on 8 days which is remarkable
but there is some reasons for that, some Dev in the DEFI world are beginning to think that EGold would be the solution
and offer a powerful structure that is surpassing by far Ethereum. Ethereum struggle, modifications are complicated
and their developpers are saying that they try to change an engine on a car that is already moving on the road.
Elrond offer 15000 transactions per seconds with an average cost of 0.001$ and Ethereum offer 15 transactions seconds with an average cost of 10.20$.
One other advantage is the adaptative state sharding of Elrond which make the network much more efficient & scalable. They also have a Virtual Machine
VM WASM that is incredibily powerful. Adoption is fast with the possibility of staking EGLD at 29% API.
Here are some possible EW possible short term targets.
330.16 (161.8% fib)
1449.39 (200% fib)
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Elrond EGLD to 84$ at exactly 8pm tonight. I'am Nostradamus.If this happen exactly at 8pm tonight my Maiar HeroTag is gonna be NOSTRADAMUS ahahaha.
This is a possible pattern, the bulls are strongly in control of the Egold.
For sure if BTC drop tonight Elrond might follow cos his RSI is overbought.. but gold is gold.. and Elrond is pure Gold !
The compression of the ema ribbon let me think that a short term push is pretty possible.
Also we have a double bottom on the 1h chart at 65.76$ and on the 3hour at 67$.
I will give you some update soon.
Elrond EGLD upside potential for Wave 3 at 151.94$Elrond is without a doubt on the rise and for good reasons.
The new Egold a top prospect in the crypto world. Maiar wallet is coming soon and
Elrond and Binance Smart Chain Integration will enable Strategic DeFi Interoperability.
Thus, Elrond can process upwards of 15,000 transactions per second ( TPS ), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
Here a some technical key aspects to be bullish on Elrond :
-Current Supply : only 16 768 545 EGLD
-Total Supply will be : 21 074 792 EGLD
-Total Delegated stacking : 7 millions EGLD for 340 millions dollars
-Total Validators stacking : 6.2 millions EGLD for 300 millions dollars
Elliott Wave Analysis.
Potential Main Wave 3 fibonnaci targets
-71.52$ (161.8%)
-111.73$ (261.8%)
-151.77$ (361.8%)
Current support on D for EGLD
-EMA Ribbon between 38$ and 30$
-MA21 at 38.21$
-MA7+9 at 40 .81$ and 41.45$
I will post many follow up on Elrond every week, stay tuned!
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Leave a comment, or ask a question.. i'll do my best to answer you.
Best to you !
Bullish flag in Elrond - trend continuation is being preparedFrom a technical point of view, #ELROND could be on the verge of another trend continuation. The recently formed bullish flag could be an indication for this. A breakout from the chart pattern would activate the next price target at around $38.
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.
End of 2020 ERD Prediction: 4270%My ERD prediction for the end of the year is 0.11
Mainnet will be launching.
Forget about the MOON... were going to MARS!
Not trading or financial advice. Just some of my dumb ideas.
ERDUSDT formed bullish BAT | Upto 19% bullish movePriceline of world's 187th ranked cryptocurrency Elrond (ERD) has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: $0.0016980 to $0.0016552
Sell between: $0.0018091 to $0.0019723
So this chart would be a good long opportunity for upto 19% bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
ERDUSDT forming bullish BAT | Upto 14.5% bullish move aheadPriceline of Elrond ( ERD ) / Tether US cryptocurrency is forming bullish Cypher pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0019198 to 0.0018801
Sell between: 0.0020140 to 0.0021561
Regards,
Atif Akbar (moon333)
ERDUSDT formed bullish Shark | A good long opportunityPriceline of Elrond (ERD)/ US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0018636 to 0.0018373
Sell between: 0.0018888 to 0.0019429
Regards,
Atif Akbar (moon333)
ERD LONG$ERD
Didn't completely fall out of the sky alongside the other IEO's. I'm thinking we retest the range EQ followed by a bounce to retest the 30 sat region; from there idk.
ERDBTC formed bullish Gartley | Upto 27% potential ideaElrond / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000023 to 0.00000022
Sell between: 0.00000025 to 0.00000028
Regards,
Atif Akbar (moon333)
ERD LONG$ERD
Looking strong, I think we'll see a move to the 26 sat level for +23%, which is where I'd fully exit position.