After some correction(between 0.68 0.7 fibo) finally EGLD broke downtrend in daily timeframe , can wait for close weekly candle and make long trade only for 500% profit , KEEP TWO EYES ON :)
Elrond eGold is surely looking juicy here, preparing for a big move up I believe after that pullback. As long as 50MA is holding and supporting the price we are good to go up! Current Price= 8.158 Buy Entry= 8.191 - 7.729 Take Profit= 8.953 | 9.906 | 10.96 Stop Loss= 6.967 Risk/Reward= 1:1 | 1:1.96 | 1:3.02 Expected Profit= +12.47% | +24.45% | +37.69% Possible...
Hello, traders. ERD is forming a bullish symmetrical triangle which is a bullish pattern, and we can be heading up to test the ATH and eventually break this resistance level. Push the like button and follow us on Tradingview.
The falling wedge is broken. Also, EMAs have formed a bullish cross. Please hit LIKE if you find this idea useful!
This is my idea for Elrond over the next 2 months. I believe #ERD will reach .11 - .12 The swap to Elrond Gold #eGld happens in the beginning of September. So according to my prediction, we will see #eGld at $110 - $120 in October. Not trading advise, just my dumb ideas. ~Master of Mullets
Buy 155- 150 Sell : 190-235 -259 Midterm : 325-360-395 Long term : 450 Stop lose 1d close below : 130
Everything is on the chart. Watchout for ERD in the next couple of days :)
erd has had a decent pull back since it hit all time highs and now it looks to forming an inverse head and shoulders we should have a breakout @ 0.00000167 if you miss the breakout chances are we will re-test the breakout point then start the climb higher
Hello, traders. ERD is forming a bullish symmetrical triangle which is a bullish pattern, and we can be heading up to test the ATH and eventually break this resistance level. Push the like button and follow us on Tradingview.
ERDBTC - 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...
ERD can go up as its listing on Bitfinex is due on 17th Aug 2020
ERD is in a downtrend but selling pressure is decreasing so we can expect a rebound of ERD with 230-240sts target over the next 4-5 days. But if it falls out of the 170sts range, the ERD will have a sharp drop to 130-140sts, which is a reasonable buy zone where we could buy ERD back.
ERD/BTC -Elrond unable to break the trendline resistance -It is now in the critical area where a decision needs to happen -If I will trade this kind of market scenario -The safer approach is to wait for the breakout direction -A break of trendline resistance will give Buy signal -While a breakdown of support will lead to 135 potential next support -Please be...
After a massive about 2800% pump in 3 months ERD needs to cool down. Bulls seems to be exhausted and they start to sell theirs ERD bags and book the profits. TA: ERD has broken the support and retest it as a resistance and seems to continue down. On daily time frame we can see that it had formed inverted Head and shoulders pattern witch is a bearish sign. Also it...
ERD keeps on ranging on this channel. We're reaching a breaking point. Monitor it for the next hours. Good luck! :)
Right now ERD is retesting the resistance level and is about to close the day above it. If so, it will have a clear path to 300+ sats, in my opinion. Note that the mainnet is very close and the CEO announced in the AMA on Friday that new economics & products are coming along with the mainnet launch. Also, since today, the equivalent of ~$95 mil. in ERD is...