Elrond beginning of the year predictionElrond has a Sell signal for the beginning of 2022.
I look for a retracement to $170 area by the end of January!
Happy New Year!
EGLDUSDT.PS trade ideas
EGLDUSDTThe best crypto to buy for today. stop is around $200 . This is good possibility for Spot position. Buy and hold still X3 .
Trading Series: $EGLDPrevious chart is still valid.
DCA more at 223, TP1 337, TP2 420, TP3 489. NFA, DYOR
EGLD; great entry point rnEGLD is currently resting at a strong support zone of 240. By the market sentiment I'd long this asset: TP, SL on the chart. NFA, DYOR.
Falling wedge Look you can see there is a perfect falling wedge on the 30mins i will wait for close above the resistance and take a buy position
EGLD Broke its downtrend. Let's go ($1000) 🚀This is just the beginning of the core activity of the Elrond ecosystem
Also, EGLD was recently listed on Huobi Global
EGLD now in a good zone to buy and I think by the end of 2022 it can reach $1000
Bitcoin is also close to its support (chart below) which is a good sign
However, BTC is not in good days and its better to be careful
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EGLD to 750 conservatively by mid next year EGLD if you follow the monthly log chart is in a serious upward trend.
I expect a good year for crypto in the first half of 2022 with adoption for the Elrond Network Growing Exponentially.
My conservative price target is $750 mid next year, and if things go well $1750, with a moon boy target of $3000 plus
$EGLD LOOKING GOOD TO BUYThe green zone is the support and an opportunity for buying. I think the price will start an upward movement with the breaking of the ongoing falling trend from the ATH level. Red areas will appear as resistance and are suitable to take profit. My first target in the short term is $329.
Yeşil bölge alım için uygun destek bölgesi. ATH seviyesinden süregelen düşen trendin kırılımı ile yükseliş hareketine başlayacaktır. Kırmızı alanlar direnç olarak karşımıza çıkacak olup kar almak için uygun yerlerdir. Kısa vadede benim ilk hedefim $329.
EGLDUSDT - BEAR's DOMINANCE?EGLDUSDT's price dropped after giving a false breakout, and now Trading is below the trendline. If bulls lose their momentum which is quite possible we could see a potential drop. So sell on strength good strategy for the target of 200 again. Good LUCK!
Bullish mid term Bullish Cypher pattern confirmed-
TP1- fibo 38%
TP2- fibo 68%
TP3- fibo 127%
SL: closed below 220$
EGLD/USDT Chart is different from others so what next..?#EGLD/USDT TA update:-
$EGLD currently trading at $242
Which is Strong support zone.
There are 2 Scenarios:-
1)- If hold this Support $223 then we can see $500 after then $950
So Need to hold $223 support zone.
2)- If break down $223 support zone then we can see $120-$130 area.
So this will be best entry zone.
And After hit this support we can see Big bounce toward $950
As Per Last fractals if happened then we can see $120-$150 also before Big leg up.
Support:- $223/$130
Resistance:- $470
My idea for the next couple of weeksI am a beginner so please do not judge! Thanks!
Write your opinion down below!
EGLDEGLD (USDT)
buy if the full candle closes above the green line (4hr)
taake profit at TP
stop lose : if full candle closes under the red line (4hr)
By :notzezo3
Good luck..............
$EGLD Elrond Network I have my reasons to buy back $EGLD here. Above that resistance shown here we might aim for very nice targets following the extraordinary TA and the levels set plus the FA which is excellent.
RR=3.13 and RR=5.19 buy ideaBrekout of flag pattern +RSI divergence ; price might go up, form an inverted head and shoulders , make a breakout of it's neckline and retest at least the 300 $ level
Ps : never risk more than 2% of your capital
EGLDUSDTcome one, do something ... range high next.
We've seen some big sell off with price bouncing back into the range low and now seem to recover back in the range high.
EGLD possible scenario 111% potential
EGLD/USDT possible scenarios 111% potential
EGLD in 1-day time frame getting support from 0.618 Fibo retracement level.
In case this fib level doesn’t hold SMA 200 shows a second good entry point as a DCA.
RSI: Shows divergence.
MACD: is almost at the end of the downtrend and the uptrend is on the horizon.
VPVR: shows high trading volume in current price.
Dollar-Cost Averaging (DCA) is the best strategy.
DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment. I’m only recording my personal Technical Analysis (TA) for educational purposes.
I’m researching on crypto-economy and sharing my understanding with others, therefore these are results of my research NOT financial advice.
📌In case you find it interesting please feel free to share with others.
📌You can find my other research result on: zil.ink
It's Cup season!! EGLDSeems like everywhere I look I see cup and Handles. looks like a target around 450 on the fib making confluence with he measured move from the Cup.
Another good Crypto that is in an interesting position is ElrondAnother good Crypto that is in an interesting position is Elrond.
According to the price chart, the $ 241 support line has reacted well in the last 105 days.
If we have a pullback to the above line, we can enter the long position and the result will most likely be a 25% profit.
1. Observe capital management.
2. Observe risk management to Reward.
Elrond (EGLD) Buy ZoneElrond (EGLD) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
RISK : LOW
Elrond is in uptrend and now trying to breakout the last resistance before massive breakout and forming Curve DAO Token printing.
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$EGLD/USDT SPOT SETUP
Entry Price : 240 - 255
TP 1 : 262.5
TP 2 : 276
TP 3 : 285
TP 4 : 297
TP 5 : 331
TP 6 : 388
TP 7 : 467
TP 8 : 525+
Stop Loss : 210
*Stop Loss - EGLD daily close below 210
*Maximum 5% of Portfolio.
*Whenever TP 2 hits, Move stop loss to entry.
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Analysis EGLD/USDT on 2Days chartI was asked to chart EGLD /USDT. And how the Supertrend Ninja indicator performed on it since the listing.
Currently price is bouncing between support and resistance (2 grey blocks). Which makes/made EGLD ideal for a gridbot.
RSI is slowly moving towards 44, which means it is still in a range (displayed in the RSI as a yellow block). Right now as things stand it's not so interesting for trend traders. On the other hand volume is going down, which means a big move is likely to happen very soon. Before making any trades. I'll be waiting for confirmation from the Supertrend Ninja indicator showing some bullishness first. Ideally I would like to see some more green blocks on the Heikin Ashi indicator below as well.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator gave only 4 bullish signals for the 2 day chart in 2021. And 1 bullish signal in 2020. Which in my opinion makes each bullish signal very reliable.
With each trade I make, proper risk management is essential. Either by using the Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using the Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
