ELROND LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on ELROND(EGLD) after price made a failure swing low meaning near 130$ price area meaning the market strucutre has been shifted. We have a bullish BOS. I woudnt take LONGS trade from this area as we are not in a DISCOUNT market area yet. I will wait for the price to return to fill the bullish imbalances and reject the bullish orderblock on H4. And from there to go higher above 250$ - 300$ area.
What do you think ? Where we go next ?
Egldbtc
Elrond (EGLD) - March 24Hello?
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(EGLDUSDT 1W Chart)
If the price holds above 189.78, it is expected to turn into an uptrend. (Important perspective)
Primary resistance: around 259.05
Secondary resistance: around 388.02
If the price falls below the uptrend line, there is a possibility that it will move towards the 89.17 area, so you need to trade cautiously.
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(EGLDBTC 1W chart)
Above 0.001910: Expect the uptrend to continue
Above 0.0035: Expected to create a new wave.
Primary resistance: 0.004758-0.005159
Secondary resistance: 0.007040
It is important to keep the price above the 0.004228 point.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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I see EGLD bullish vs BTC! Let's GO!We have strong buying signals on 5 and 9 days time frames. MACD is a big buy on EGLD/usdt and more, on EGLD/BTC.
ELROND has strong fundamentals with lot's of good news. The team is one of the few that are delivering all that was promissed and much more.
The BTC dominance graph is still in the same downtrend and not giving a sign of rebound. I believe in a new bull wave for BTC (wich is possible to see soon) and that some of the Altcoins will have much ample move than BTC and ETH .
I believe EGLD is one pf them.
CHEERS GUYS!
This is NOT a financial advise!!! It's just my opinion.
Take care of your hard made money!!!
EGLD will be Gold in Next days?Here is My Study Results on EGLD
I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
Aprox. All Crypto Currncies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis
If You Like My Work Just Come and Join Me.
ELROND (EGLD) LONGS 📉📉📉📉 Expecting bullish price action on EGLD as price find its support area somewhere around 130-140 area as we can clearly see price has not move below the previous low. We also have a bullish bos on the D1 meaning the price has shifted the market strucutre from bearish into bullish and right now we could expect higher prices BUT only after price will retrace back to fill the D1 imbalance.
What do you think ? Comment below..
#EGLDUSDT looks prime for 350% Rally!Welcome to this quick EGLD/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#EGLD/USDT looks triangle pattern create and 350% Rally confirms and long term hold!
Entry:-$113.05
$139.01
Target:-350%
Stoploss:-$96.34
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of EGLD in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Elrond EGLDBTC - Huge Falling Wedge + Elliott Wave Diagonal- Elrond - EGLD - Rank #42
- We have a huge falling wedge on the weekly chart which is currently breaking down!
- The Elliott wave completed successfuly with 5 impulse waves (ending diagonal wedge).
- Bearish target is 0.618 FIB or bottom of the wedge!
Swing Trade - Elrond eGold EGLD / BTCSwing trade opportunity with #EGLD / #BTC!
Price is bouncing of the support trend line (thick red line).
Stochastics crossover on 3D TF and a bullish crossover on the Wave Trend oscillator is nearing.
Pair: EGLD/BTC
R:R = 4.5
Entry: 0.005255 - 0.005350
TP1: 0.005838
TP2: 0.006427
TP3: 0.006999 (3-4% TTP)
SL: 0.004869 (timeout 19000s, move to brake even)
Disclaimer!
I´m not a financial adviser. For educational purpose only!
You can use the information from the post to make your own trading decisions.
Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EGLD (Elorand) Facing a Moment of TruthThis is a cryptocurrency that was brought to my attention by someone in my latest stream. Two things I liked about this chart. (1) How this coin has been consistently outperforming Bitcoin with higher lows, and (2) how it is sitting in a sensitive spot right now that will determine its future path for many weeks ahead. I will keep adding to this idea as price action progresses. I will cover it in my next stream for sure. Let this be an anchor holder.
You can follow this chart here .
EGLD Broke its downtrend. Let's go ($1000) 🚀This is just the beginning of the core activity of the Elrond ecosystem
Also, EGLD was recently listed on Huobi Global
EGLD now in a good zone to buy and I think by the end of 2022 it can reach $1000
Bitcoin is also close to its support (chart below) which is a good sign
However, BTC is not in good days and its better to be careful
Dear Friends, It would be nice to show your support by liking
BTW Follow me (if u liked :)
EGLD/USDT Chart is different from others so what next..?#EGLD/USDT TA update:-
$EGLD currently trading at $242
Which is Strong support zone.
There are 2 Scenarios:-
1)- If hold this Support $223 then we can see $500 after then $950
So Need to hold $223 support zone.
2)- If break down $223 support zone then we can see $120-$130 area.
So this will be best entry zone.
And After hit this support we can see Big bounce toward $950
As Per Last fractals if happened then we can see $120-$150 also before Big leg up.
Support:- $223/$130
Resistance:- $470
EGLD - Time to decide!The Bullish scenario now seems more likely
But we must also pay attention to the bitcoin chart (chart below), which will activate the orange scenario if its support fails
Note that this is just the beginning of the core activity of the Elrond ecosystem, and fortunately they are not progressing like Cardano !
If I progress according to the yellow scenario, I will update the analysis
Good Time :)