EGLD
$EGLD $1000 by the EOY? 🤔So, I ended up doing another realistic projection for one of my favorite projects Elrond Gold. The possibilities are endless with this project.
However, with that being said I think the most realistic price prediction for EGLD for the end of this bull run is $800 - $1,200.
Why? Well First off let’s start off with what the Andrew pitchfork model is telling us.
You have the outer blue areas of the model that are area’s that aren’t impossible to reach but somewhat unlikely,
that same sentiment is vice versa with the inner median channels (yellow and green).
The bright green flag represents the best scenario as far as price for by the end of the bull run, if it ends in mid-December.
The yellow represents a conservative scenario, and the red represents the worst-case scenario.
The best-case scenario for $EGLD within Andrews' Pitchfork Model is that for $EGLD before the bull run is over,
is that it peaks right within the yellow channel where the yellow flag is or outside of that where the green channel is.
This again, put EGLD around $800- -$1,200. This is the most likely scenario to play out because it seems as though EGLD right now is trading inside of an ascending channel.
That Channel runs right in line with the yellow flag as well as the yellow channel and the small outer green channel.
The expectation is EGLD to continue to climb.
Get this money, remember to take profits, and have an exit strategy!
EGLDUSDT Technical Analysis⏳ Spot
💎 EGLDUSDT has formed a descending triangle and has been moving along the descending channel. It has broken above the triangle and the channel. I expect that it continues to go higher after the retest.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 235.00
☕️ TP1 243.00
🍺 TP2 252.00
🍻 TP3 270.00
🍾 TP4 290.00
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 220.00
Good Luck 🎲
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#ELROND #EGLD DAILY ANALYSIS#ELROND #EGLD DAILY ANALYSIS
Considering the channels drawn for EFLD as well as the use of Andrew's pitchfork, one can expect price growth. Two entry strategies are suggested. One step entry from the current price to $ 184 with a stoploss of $ 150 and the other entry in case of resistance breakdown of $ 270 with a loss limit stabilized below the last price floor created before 270.
TARGETS:
1- 440$
2- 520$
3- 630$
TIME: 1-3 M
$EGLD Consolodation. As we can see on EGLD there is major consolidation going on. On the larger time frames we can see it is clearly holding trendline support, as well as a potential bull flag on the weekly timeframe. . I Expect EGLD to make a considerable move to the upside if this breaks. out PT $1,000+ end of Q4.
EGLD, I'm expecting a big move, 305 then 460 .. or south 201 ?Only consolidation at my previous ideea, and some more levels.
We are moving in wedges since last ALTS market wake up.
The only worrying reason for me is the EGLD vs BTC graph ( the picture on the right ) witch gives us a new sell signal on MACD on 5 days candles... Let's see...
Big fundamentals ahead and DEX coming live soon...
We could see the TOP diagonal (red line) becoming the next support and launching pad for the candles to come, I would very much like that, and it is possible to see next, or to reconfirm as the ATH top diagonal and to see a new rejection from this line.
This is my personal opinion, not a financial advise!
Take care of your hard made money guys!
CHEERS!!!
$EGLD /BTC, Trapped on a LH-LL sequence over the last month$EGLD /BTC
Trapped on a LH-LL sequence over the last month
Not very interested into taking a position till this sequence is broken(descending trendline may help)
UCTS backtest being REALLY strong on this on the daily chart so a Buy signal should be a trigger
Wait for now
#EGLD
$EGLD MISSION10 Repeat patternThere's a high chance Elrond's EGLD will repeat the same pattern as beginning of 2021. If so, then we would see an uptrend of approximately 70% towards the $423 mark in the next few weeks. With upcoming news towards their Maiar DEX launch and LaunchPad this year, chances are high Elrond is currently loading up for a big leg up.
🔥 EGLD Finally Broke Out: Bull Trend ContinuedAround a week ago I made an analysis on EGLD. Here I argued that EGLD was following a bullish channel and was most likely making a shot for a new all time highs in the near future.
As of today, EGLD has finally broken out of the $255 resistance. Currently, BTC is slightly bearish, and EGLD is testing the $255 prior resistance as support. In case the $255 support holds, I'm looking at a strong move towards $300, potentially $325.
In case the support doesn't hold, expect the channel support to offer a potential bounce.
Happy trading!