EGLD
EGLD.USDT (Y21.P2.E2).The story continuesHi Traders,
This is a continuation of the previous post, link provided below;
Don't forget about EGLD
My chart says it all, bullish.
Please give ma like or tick for this post.
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As you may appreciate, posting charts can take a considerable amount of time so I hope those that have decided to follow me have benefited financially and technically.
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Regards,
S.SAri
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Possible technical Entry area #Egld/UsdtCurrently we see how we are approaching a cross from macd to 1D where this recently produced a large bull run and also finding a strong reaction zone in our rsi where previously in its retest it produced the same as the aforementioned indicator.
EGLD BREAKOUT: new ATH coming soon!EGLD has been in a very long consolidation after its surge that ended on Feb 7th with an ATH of 217$.
The bull run was very powerful; coming from 34$ on January 24th but thus overextended, hence a long consolidation period.
Now EGLD just broke out of a huge triangle and is ready to join the alt mania party for a new ATH, check chart for targets.
I am very bullish on EGLD fundamentally, token economics are great (scarce) and I believe we can see 2 to 4x in the coming months!
(obviously EGLD is bullish on the BTC pair as well with 20/30% potential gain in the mid/short term)
Happy alt days! (check my profile for more (about to) mooning alt coins)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
EGLD/USDTA break out from this ranging will definitely catapult $EGLD to new ATH, imo 500$ Island beyond is doable in short time. Let's see how this plays out. It's ready to take off, it's bullish for me.
Bull Flag on EGLD Daily After the run in February EGLD has retraced and has been consolidating around the .382 fib level for around 2 months. The bull flag looks to be indicating a move to the upside this month retesting 165 and then 200 if we break through.
$EGLD - Possible inverted head and shoulderPromising project and expected to blow up this month with its major staking upgrade.
This is not Financial advice, please do your own research.
Elrond ready for an ATH test?Ready for a new ATH? Breakout of the triangle, perfect retest, and now facing a resistance (red line). After the break of this resistance, we can expect to reach the ath again! 💪🏼💪🏼
🔥 EGLD Triangle Break OutEGLD has been trading in this triangle for over a month now. As of this morning, helped by Bitcoin's bullish outlook, EGLD has finally managed to break out of the triangle.
Assuming bullish price action will remain, EGLD has the potential to form a new all time high soon. Price action earlier this year was enough to launch this asset up with 3000% gains, so the interest from investors is definitely there.
Happy trading!
EGLD IS LIKE A TICKING BOMB!A positive cross between MA30 and MA50! Confluence of support!
MACD getting ready to rise!
RSI is inching higher!
Buy the breakout and enjoy the profits! Caution: Wait for the daily candle to close above the entry zone! There might be a retest as well!
EGLDUSDT, Elrond, back in bullish mode ?Hello,
I've been looking at Elrond (EGLD) for quite some time now and I think it's one of the most undervalued altcoins right now. Given the good impulse we are seeing in ETH, especially versus the BTC, it is quite possible we see an altseason revival this April.
The EGLDUSDT pair moved above all major EMAs on both the daily and 4-hour timeframes. What I'm currently looking for is a break above the $146-$149 zone and confirmation there (4-hour closure) to open long positions. The mentioned zone is a weekly resistance area combined with 61.80 drawn from the most recent pullback. It is quite possible that sellers will look at a potential diagonal resistance coming down from the March, 2021 peak (blue-dotted line).
First target for open longs - $147 or right in the middle of the weekly resistance, but still - above the last daily candle close. Second: $149.
First Sell Target: March high at $165
Regards
Elrond EGLD / Usdt - 4H✅ Elrond < EGLD > is The 41Th Place Of the Coins Market Cap ..
☑️ It has a Powerfull Fundamental Because of Partnerships and new strategies ..
✅ in General view EGLD Has a stylish Chart and We Should See New High Price Zones Very Soon ..
☑️ Thank You For Your Consideration ..
BINANCE:EGLDUSDT
EGLD: nice long opprtunityBroken out of the triangle.
Above the previous resistance.
Good risk/reward ratio
Please hit LIKE if you find this useful!
EGLD looks ready for a new big leg UP!The Elrond team has been working hard these last 6 months and it is paying off!
After this consolidation, EGLD can go higher again and to a new ATH very soon.
So load your bags and enjoy the ride!
Take profit target: $379 - $389.
And take care.
EGLD finally broke its downtrend, time to fly again!EGLD broke it's downtrend, made a retest on the previous resistance, and now it's inside a symmetrical triangle. If you didn't get into EGLD, This is the time in my opinion, buy the breakout or retest of current triangle (not financial advice).
EGLD (Elrond Gold) Needs Your AttentionEGLD has been under heavy accumulation for a long while but recently it has just broken out of the symmentrical triangle patterns, retested and now its moving.
You may need to zoom in to lower time frames for better entry ideas however, if you are a long to mid term holder of EGLD, it is the time to get in.
