EGLD Short termStrong support between $340 to $350 and short term goal is $600
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EGLD
$EGLD, ~35% from the top, retesting prior ATH level $EGLD
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~35% from the top, retesting prior ATH level (september highs)
Looking for a bounce that can keep this long alive
Still sitting on a 25% profit since UCTS 1D Buy signal back on Nov 4
#EGLD
EGLDUSDT Price Update EGLD has broken the falling wedge pattern in the 4H timeframe. Right now it's retesting previous resistance to find support. if this falling wedge pattern plays out, the target would be the top of the wedge which is approximately at 530. I think it's likely going up because the falling wedge is a bullish pattern and also in the 1H timeframe it's forming Bullish Divergence. if you want to trade you can wait to cross the previous high for extra confirmation and then you can enter a long position. we have good support levels around 342 and 335.
EGLD Great Place to buyAs we can see in the chart after breakout from falling wedge we had a pull back which landed exactly on EMA 200 on 4HR timeframe and acted as a strong support. we can see obvious divergence in RSI as well. all the reasons making it a high quality trade.
NFA
EGLDUSDT - ATTRACTED FOR BULLS?EGLDUSDT recent drop reached a confluence of supports at 380.00, where Fib level 61.8%, a support zone, and trendline support lies. So we expect that the Bulls are ready and trying to enter. They can push the price towards 400-450 Level again. Good Luck!
EGLDAfter correction the active draw a bullish wedge pattern. During the correction the volume constantly was decresing, it means that there are no sellers and we also can see a long tails that possibly means good price for buyrs and a possible revers.
Thank you all for reading my work, i hope you enjoy it. Have a profit=)
EGLD - Elrond, yield farming, MEX & into 2022**Thank you for checking out my chart, please 'Thumbs Up' if you like it and support me below by using my links x **
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EGLD/USD on a weekly chart using a Fibonacci trend extensions on a logarithmic chart
We see a clear strong support trend line over the last year, recently EGLD has kicked off due to potential gains on its Yield farming using MAIAR app, harvesting MEX which is going to be the coin for its exchange platform has seen a huge rise and fall in prices of Elrond recently and also some due to btc movements
Let's see if this can hold into 2022 and reach that $1k+ level at some point
thanks for reading
EGLD to bounce off the .5 fib and support?After a huge volume packed rally, we had a correction on EGLD, volume for the correction is far less than that for the bullish impulse leading me to believe this could be a standard ABC correction.
Whatsmore is that the previous local high is lining up nearly perfectly with the .5 fib mark which is typical for an ABC correction.
EGLD TA - Possible bullish scenario 4hIf we break this falling wedge, we could see another leg up to higher pricetargets. I openend a Trade with a tight stopp loss . It's a risky one.
- Good opportunity with a high risk reward ratio.
- I expect holding this position for 2-7 days (depends on the volatility), if I am not getting stopped out 😄.
You can see my pricetargets at the chart if this scenario plays out. We will see what happens :)
Disclaimer: DYOR. No financial advice. Just for your impression.
EGLD - (for long-term)Good for long-term , I have it , in 1D time you can see that it is in ascending channel , but in short-term it had price correction , i'm not worry about it , the yellow box is good support area .
EGLD long$EGLD is bouncing off the bullish trendline which is also in perfect alignment with the support level. Movement will likely continue up to 530$
ANOTHER FOR EGLD Man I mean I look at the chart there's no way to be more bullish :)
NO FA just my opinion but many people may start talk about this one!
EGLD/USDT - 4H - Potential channel breakout and bull flagEGLD might be looking ready to move on the 4H. Fib Trend Time indicator also showing this.
White channel (flag) measured move taps the 0.5fib extension area.
Should price break down, red arrow measured move points to potential DCA or SL range. Lowers still; red arrow taps the monthly blue CPR range.
Yellow arrow (pole) measured move taps the 100% fib extension area. Will reduce position at the 618 and 786 fib ranges also.
Bit scared of BTC right no6w, so who knows what ELGD and others will do, but let's see...
EGLD - I see the bottomI see 400 as a botton for egld,
it really depends on the volume!! if it goes up as last weeks it's gonna explode again
said before! 1000 easily reachable
UNDERVALUED AF, and this is NOT A FA
EGLD / USDTtime to consider EGLD unless it falls through support, then it will be the second entry area. currently around the .618 fib level after a large run up and news
EGLD ELRONG EGLDUSDT Long Opportunity 20211124Signal: Blue -> Green
Structure Confirmation: Break Through the Resistance Lines
EGLDUSD, EGLDUSDTP, EGLDUSDT, CRYPTO, CRYPTOCURRENCY, ELROND
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Time to enter Elrond: Egld#Elrond is one of those you must not miss.
#egldusdt chart is extremely bullish, and I have marked some midterm tps on the chart. #dyor
But the question is when should you buy this one?
I personally place a buy order at $287 - $292.
However, based on the market mood, we might see lower dips, so I place another buy order at somewhere between $263 - $271.
Don't forget money management. Do not risk more than you can afford to lose.
Good luck.
EGLD-USDT (+40% mapped)Entry: $420 - $430
DCA Rebuy: $390
TP1: $460
TP2: $510
TP3: $600
Extension: +$800
SKL Been On Watch For Some Time & Now May Be The Time.Noe SKL has broken out of the wedge formation we have been following for some time, we just now want this 4 hour candle to close above for us to warrant our entry.
$EGLDLeading up to November 19th, EGLD’s price was around $300. However, last Friday, this changed drastically, and the token charted a new all-time high of around $492 today.
One of the main reasons behind the price expansion might have been the $1.29 billion liquidity incentive program, which Elrond introduced on Friday. The initiative aims to “supercharge” the upcoming launch of the platform’s native decentralized exchange – Maiar.
The DEX will use its utility and governance token – MEX – to transfer the funding. $282 million of the total amount will be distributed in the first month to those users of the trading venue who provide liquidity in EGLD, MEX, and USDC.
EGLD is probably one of my biggest holdings.
It had a clean break of its ascending triangle on the daily and continued strong.
Price closed on a bearish shooting star which could confirm that’s it for a little while.
We could expect price to pullback from being overbought before a continuation up.
Overall. I’m long term bullish.
Keep this on your watchlist.
- Factor Four
$EGLD /USD, Good reaction around the ~300$ area$EGLD /USD
Good reaction around the ~300$ area, bouncing 15% from yesterday lows and just ~4% away from a new ATH
Volume not that strong yet but that may change if a new high is achieved.
If happens, then aiming continuation toward 400$+ targets
#EGLD
