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EGLD / WRAPPED CRO on CRONOS (0FF70A...E24425) in USDEGLD / WRAPPED CRO on CRONOS (0FF70A...E24425) in USDEGLD / WRAPPED CRO on CRONOS (0FF70A...E24425) in USD

EGLD / WRAPPED CRO on CRONOS (0FF70A...E24425) in USD

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EGLDWCRO_0FF70A.USD trade ideas

Updated fractal (log)This is an updated idea of the fractal after seeing the dump. Some of you guys complained of what happened, the dump. I submit ideas, I am not a financial advisor or magician. I learn while doing TA, as any one, but I don't assure any result. Happy to see some of you submitting or challenging ideas and commenting! That's enriching always. I just support the idea of Elrond going up. The bear market is not just yet (to me). NFA. So, do your f* homework and research :)
BINANCE:EGLDUSDLong
by CryptoPummel
$EGLD inverted Head & Shoulder?Well, we have many confluences here for support, but also for the target of this ascending inverted head and shoulder pattern. If we get out of the descending wedge we are in, it make sense that we could get to the top of the channel, and then the target of that H&S coincides pretty exactly with the 1.618 Fibonacci extension level. We need a much higher bullish momentum that what we see right now though... It is also a confluence with possible target of the related idea below, close to the 0.886 and the median line of the pitchfork. Dream?
BITFINEX:EGLDUSDLong
by CryptoPummel
eGLD swing trade ideaim trying this idea, i see alot of confluemce down here. its another 18% from our curent levels no gaurentees we will hold or flip side even reach here. i just set my limit buyy orders 102.55 join if you want. monitor it when we get there... close a 4 hour below or daily below may have to cut it. howvere looking at this chart we can clearly see the confluence of this level...that speaKs for itself! let me know what you think and also if you will be joining me on this trade idea!
BINANCE:EGLDUSD
by Erictaylor
$EGLD: best opportunity we ever had?So, have a look at my EGLD vs BTC idea linked below? We reached 0.618 retracement there, finally. And in this chart vs USD, we have reached the lower line of the long ascending channel. The wedge broke to the downside, but there are many cases of this type of breakout where people panic sell and then it stays sideways for few more bars and come back up fast. A pure fake-out scenario. As per targets: I am showing here the fib extension levels since previous macro low. If i would show as well the retracement from previous high, you would see that there is a confluence in 295 $, the middle of the ascending channel (the 0.618 of retracement). I think that is the minimum that we can expect, and then there EGLD will need to take a direction. Either cat and bounce scenario and the bear market starts, or the 2022 MASSIVE rally continues. I know today is difficult to accept this could happen with all markets in super red, but i only look at what happened other times. Fear is the best zone to buy.
BITFINEX:EGLDUSDLong
by CryptoPummel
EGLDUSD is holding its 1W MA50. Bottom formation possible.Elrond, a crowd favorite among crypto traders, hit last week its 1W MA50 (blue trend-line) and so far on the current 1W candle is holding it. This makes it a Support, in fact it has been the long-term Support since the May - June 2020 bullish break-out. As you see on this weekly time-frame, using the help of the Sine Waves to better illustrate EGLD's cyclical phases, when the price hits the 1W MA50 it forms a Support, consolidates for around a month and then starts a strong parabolic rally. The previous corrections have both been around -80% and even though the current is just short of -70%, we have to watch the 1W MA50 closely for a potential bottom formation this month into February. Our next Target is the 5.0 Fibonacci extension level at $765.00. A break above the Higher Highs trend-line during the next rally phase, would place the target even higher within Fib 5.0 and Fib 6.0. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:EGLDUSD
by TradingShot
3
EGLD - ELRONDElrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost. The blockchain has a native token known as eGold, or EGLD , that is used for paying network fees, staking and rewarding validators. EGLD is a project that I like, it delivers and especially, I like the price chart. :)
BINANCE:EGLDUSD
by ny3001
$EGLD dueling pitchforksI am applying the same technique, with different parameters, to my idea on $BTC that is linked below. Please read it!!! it is explained sufficiently well so you can replicate in your own chart and zoom in. The red price balloons are the worst i think it could happen in a wick or a prolonged down movement... worst worst scenario that i don't believe will happen, but... hey, market is terrible and the median line of the bearish one should be there to provide Support. The up targets are just the confluences between the bullish and bearish pitchforks.
BINANCE:EGLDUSD
by CryptoPummel