[UPDATE EGLD] EGLD TO 650$ BEFORE MID JUNE!ELROND IS ON FIRE BUT STILL UNDERVALUED, TECHNICALLY AND FUNDAMENTALLY.
- CRAZY TECH UPDATES
- SUPER BULLISH TECHNICAL INDICATORS
650$ IS THE NEXT STOP!
EGLDPERP trade ideas
EGLDUSDT : Next Targets for BULL MarketStrong Resistance : $198
Targets (After Break Resistance) :
1. $251
2. $301
3. $349
Elrond EGLD · $360 to $500 by August 2021BITFINEX:EGLDUSD Elrond eGLD is a solid project and with the incoming MEX token and amount of eGLD staking coupled with the new Defi 2.0, Elrond is building a truly powerful protocol. $360 to $500 by August and $1000 to $1500 by end of year, conservatively. DYOR. Thank you, CRS.
Elrond (EGLD) Recreated and Broke Resistance Ready to Enter: 6xThanks for the suggestion Blue Duck.
We tested the 61%, consolidated between he 50% & 38% fibs with a breakout. Now out 4H environment gave the buy signal and all we are doing now is setting limits and waitifn gofr them to hit/fill. GOOD LUCK guys with a 2x - 5.5x ROI potential to start.
EGLD.USDT (Y21.P1.E3).Looking for the next entryHi Traders,
I'm shorting and will continue to until it hits what I think is the target which is the previous all time high which has confluence with the daily 10/20 ema and a macro fib level.
I'm not stating not to go long, I am however as a trader, I sell at the top and look for cheaper prices. So far so good.
The target is ether the 10 or 20 ema on the daily.
PREVIOUS POST
EGLD BreakoutJust a basic EGLD chart breaking ATH. Not many people talk about it, but It has been one of the lesser correlated tokens compared to the rest of the market this cycle. It just kind of does it's own thing.
Elrond (EGLD) - April 10Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
----------------------------------
We have to see if we can climb above the 195.785813 point.
If it falls, we need to see if it can rise along the uptrend line.
If it falls between 147.020922-157.571180, a short stop loss is required.
In the CCI-RC indicator, if the CCI line crosses the EMA line, volatility may occur, so careful trading is required.
(1W chart)
-------------------------------------
(EGLDBTC 1W chart)
(1D chart)
We have to see if we can get support and ascend in the 3158 Satoshi-3360 Satoshi section.
If you fall in the 2550 Satoshi-2683 Satoshi section, a short stop loss is required.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
EGLD/PERPWaiting on RSI and Price chart to close above resistants before entering additionally funds. ideally should wait for a break out and retest but sometimes i'm impatient...Keeping emotions in control is the most difficult aspect of trading. Looks like an ascending triangle playing out
EGLD: Stretching its legs for another run up or a slump?Not financial advice. Couple of scenarios I could see playing out. I see the most optimistic one also being the most realistic. Things are looking up, and DeFi 2.0 is just around the corner too: that means NFTs, ESDTs, and more. I am just an average hodler that likes to draw lines on graphs so I don't have any 'targets' or 'long positions', just my thoughts on where the market is going.
I think it's time for a shortEGLD is a really strong project, but as we know in crypto even the strongest projects face heavy downtrends and big dumps. EGLD has not had a real dump since the big pump as a hedge ill short EGLD, because the DEFI is not really running yet and I see coins with a healthy defi system pumping like crazy now. If this short play works out it will give some nice gains and I will certainly long it if I reach my target. The volume is also decreasing for EGLD on all exchanges a heavy lower high has been printed, it would seem that EGLD is ready for a dump.
Possible technical Entry area #Egld/UsdtCurrently we see how we are approaching a cross from macd to 1D where this recently produced a large bull run and also finding a strong reaction zone in our rsi where previously in its retest it produced the same as the aforementioned indicator.
EGLDUSDT, Elrond, back in bullish mode ?Hello,
I've been looking at Elrond (EGLD) for quite some time now and I think it's one of the most undervalued altcoins right now. Given the good impulse we are seeing in ETH, especially versus the BTC, it is quite possible we see an altseason revival this April.
The EGLDUSDT pair moved above all major EMAs on both the daily and 4-hour timeframes. What I'm currently looking for is a break above the $146-$149 zone and confirmation there (4-hour closure) to open long positions. The mentioned zone is a weekly resistance area combined with 61.80 drawn from the most recent pullback. It is quite possible that sellers will look at a potential diagonal resistance coming down from the March, 2021 peak (blue-dotted line).
First target for open longs - $147 or right in the middle of the weekly resistance, but still - above the last daily candle close. Second: $149.
First Sell Target: March high at $165
Regards
EGLD looks ready for a new big leg UP!The Elrond team has been working hard these last 6 months and it is paying off!
After this consolidation, EGLD can go higher again and to a new ATH very soon.
So load your bags and enjoy the ride!
Take profit target: $379 - $389.
And take care.
EGLD Elrond at 395$ or 310$ next waveNew retracement had changed our of Wave 2 for elrond it's why iam making this update (line in red). Here are possible targets for this intermediate wave 3 (red line) if we don't go lower.
Golden pocket has been hitted but always keep door open for a low W2. Yesterday was a BIG day today for the ElrondNetwork community with the release of Staking Phase 3. One step further to a more decentralized & secure network: staking is now available in Maiar as well. 1000+ additional nodes & another $350m got staked in less than 2 hours. +$1.3B staked right now this is pretty crazy!
Possible targets for intermediate Wave 3 (red line)
161.8% = 226$ (less probable)
261.8% = 310.64$ (favorite)
361.8% = 395.25$ (favorite)
With the lenght of Wave 1, most probable target for me will be 310$ or 395$
Best to you and have a wonderful day.
12 hour chart EGLDAfter a long two-month retracement and accumulation; Egld has currently broken out of the daily Asymmetrical triangle.
I'm expecting a measured move to a target price of around 309-325. I'll be dollar-cost-averaging 10% above all-time high resistances depending on the movement of BTC.
This is not financial advice, the chart is published for pure speculation.
DYOR.
