EGLD
ALGO BREAKING OUT OF FLAG!VERY solid fundamentals on this one, long term price has been flowing in impulse moves upwards with consolidation flags in between. Price is currently in a squeezed flag and is testing our breakout area
- need to see a 8h - 1 day break out of flag and resistance area
- will want to have a Bollinger band beak
- first take profit @ 1.618 fib extension level
- stop loss placed below area of volatility in current consolidation area
Kadena - The L1 Bull Cycle PerspectiveHi there. Just a quick comparison of Kadena's price in comparison with other L1 blockchains. Only big difference is
- Kadena is actually the only scalable Proof of Work blockchain in the entire industry
- Capable of up to 480k transactions per second with 20 chains
- Kadena is offering actual speed with the security of PoW
- PoW not being a security in the U.S. helps adoption there
- Strong team with proven history in blockchain from JPMorgan and the Sec
- Stuart Haber (co-inventor of blockchain) onboard
- It's not even on major exchanges except from Kucoin and Bittrex
If we look at the Solana it did a 10x from 24 dollars to 250 dollar in about 3 months time. I am convinced Kadena has all the elements needed to do at least a 10 from here. Leaving it (at current MC's) somewhere between AVAX and SHIB ijlst under the TOP 10 in 2-3 months from now.
NO FA. Just Comparison of prices.
Elrond (EGLD) 90% Profit OpportunityElrond (EGLD)
Current Price: 320usd
Buy Zone: 300-325usd
Sell Zone: 575-635usd
What Is Elrond (EGLD)?
Elrond 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 $0.001 transaction cost.
The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees, staking and rewarding validators.
Elrond was first announced in August 2019, and its mainnet went live in July 2020.
Two short possibility on Elrond gold ( EGLD )Technical : We can see a long term rising wedge, it can be break in few days or few weeks, so we can take a short position on binance for example. We can take the first position now because we are at the top of the rising wedge and we have test the upper resistance, but it is a little be risky. And we can take the second position when the rising wedge gonna be break by the bottom, it can be happen between the 15 November and the 15 December maybe. This second short position is relatively more safe than the first one. The RSI may also be forming a double top ( M ) at a key resistance ( 70 ). Volume are also descending.
Fundamental : The BTC is maybe in a bitcoin season, so in few days or few weeks it can pump. And if BTC pump, most of alt coins can fall. And after that BTC will range a little, then we can have an outperformance of ETH and finally we'll have our Mother's Altseason ; )
EGLD on the way to It's New ATH: 425$!Hi every one
EGLD / TETHERUS
EGLD/USDT Can Create A New ATH! as you can see the Price has Formed an Ascending Triangle. This Pattern is Gonna Increase the Price of EGLD as Much as The Measured Price movement (AB=CD) If Break out happens, we can Expect EGLD to Reach 425$!
Summery:
-EGLD has the Potential to reach a New All Time High!
-(AB=CD)
-Expecting To See EGLD at 425$.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
(Update) EGLD: So now the way to 420$ is Pretty easier to reach.Hi every one
EGLD / TETHERUS
🟡last time we talked about EGLD, It was in an Ascending Triangle,But right now This Triangle pattern has been broken Upwardly! So now the way to 420$ is Pretty easier to reach.
previous Analysis
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
RLC BreakoutRLC has broken daily resistance and since our trade from $4 to $16 in 3 days this could be what we have been waiting for to retest these ATHs this month. Super bullish and we have been in the trade since $2.95 but this is a good entry for anyone who has not been across this project or chart.