EGLDPERP trade ideas
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.
Elrond end of compression and breakout march 26th coincidence?Really funny to see this compression ending march 26th because it's a special day for Elrond. It's the go-live date for the Delegation Manager Stacking Phase 3.0. Also tentatively, on March 27, the Web wallet & Maiar will display the available Staking Providers & their delegation SCs.
The new network features will be enabled on March 26th, after 14:30 UTC.
Crypto Market & EGLDUSD Technical Analysis & Predictions 3/15/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Crypto Market & EGLDUSD Technical Analysis & Predictions 3/6/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
EGLD/USDT - triangle with price preload 🚀Hello everyone, analyzed the EGLD/USDT pair
The price is in an ascending triangle with a preload to the resistance level.
Going beyond this border will provoke an increase of at least 25%
If this does not happen, the price will return to the flat channel. The working areas are shown on the chart. Enter the position only after confirming the level.
The range of operation, levels, and potential stop loss is set by each in accordance with its own risk management, and deposit.
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"This is just my opinion, trade with your trading system."
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EGLDUSD: Bullish Flag, confirmedBullish Flag, confirmed
Pros:
Descending volume during formation
PPS above 50MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 8
Cons:
No Data for 200MA
No Data for 250RSI
Target:
PT = 323.52$
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