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Egldusd

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.
Long
by cryptobullethbtcxlm
EGLD Elrond at 395$ or 310$ next waveNew retracement had changed our of Wave 2 for elrond it's why iam making this update (line in red). Here are possible targets for this intermediate wave 3 (red line) if we don't go lower. Golden pocket has been hitted but always keep door open for a low W2. Yesterday was a BIG day today for the ElrondNetwork community with the release of Staking Phase 3. One step further to a more decentralized & secure network: staking is now available in Maiar as well. 1000+ additional nodes & another $350m got staked in less than 2 hours. +$1.3B staked right now this is pretty crazy! Possible targets for intermediate Wave 3 (red line) 161.8% = 226$ (less probable) 261.8% = 310.64$ (favorite) 361.8% = 395.25$ (favorite) With the lenght of Wave 1, most probable target for me will be 310$ or 395$ Best to you and have a wonderful day.
BINANCE:EGLDUSDLong
by Crypto_Mercy
4
Elrond compressed between MA21 and MA50 - Wave 5 nextEGLD is stocked between to MA's, MA50 in yellow at 126.57 and MA21 at 139.485$ The price can play between those 2.. but what i see is a potential breakout for wave 5 at the en of the triangle March 22th or 23rd. I will post possible targets for W5 in the bottom. ELROND EGLD/BUSD WHAT CANDLES ARE SAYING : 4 hour : Upside, spinning top with a close higher than the opening. Daily: Upside (reversal) (Spinning top green (confirmed a double bottom) Weekly: downside last confirmation was a double top *resume : Elrond is in accumulation mode. Pattern in formation is a M inside a Triangle, Neckline is receving support. Price is compressed and stock between supported MA 50 and resistance MA 21. MA 7 and MA 9 are also resistance PRICE RANGE TO EXPECT NOW : Between 126.60$ and 139.52$ Please note : MA50 is currently a strong dynamic support at 126.60$ --------------------------------------------------------------------- BTC DOMINANCE : Currently at 60.77% is falling since beginning of january but BTC DOMINANCE is rising since March 7th and found a bottom. BTC.D is picking up a bit which make it more difficult for Altcoins, Watch BTC dominance on Coinmarket cap (3rd chart in the bottom) : --------------------------------------------------------------------- Bitcoin : Daily: Last confirmation was double bottom at 55600$ Weekly: Last confirmation was bullish with a double bottom at 45190$ PRICE RANGE TO EXPECT NOW : Between 57150$ and 52573$ PLEASE NOTE DAILY MA21 is at 52573$ Thanks for encouraging me with CHEER . Peace, best to you !!
ELong
by Crypto_Mercy
1
Elrond EGLDUSDT - Bull Flag + Elliott Wave, BREAKING OUT!- Elrond is pumping hard recent months and this trend should continue! - As per my Elliott Wave count, i am expecting one more 5th wave to the upside. - Out profit target can be top of the trendline, 1:1 FIB or 1:618 FIB (conservative target 0:618 FIB) - The price is currently breaking out of the bull flag on the daily timeframe - Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓ - The blue trendline really should hold for continuation to the upside. - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
12
Elrond is picking up next target 178$Hi everyone. EGLD are now slowly climbing in Wave 3 and Bulls just took the hand on the Daily chart. Most common target for this Wave 3 are : -178.51$ / 161.8% fibonnaci -196.11$ / 200% fibonnaci might play ABCDE : -224.60$ / 261.8% fibonnaci -270.69$ / 361.8% fibonnaci Everything will depend on our timing with BTC. On what i see right now BTC can retrace from 55156$ to 51766$ or 57949$ to 53492$. After that retracement liquidity should be moved to Altcoins. Too early to figure out Wave 5 right now but my demonstration show a probable scenario for W5 if W3 is stopping at 224.60$. A realistic target would be 252.28$ if this scenario happen, a more bullish one will target 299$. I will give more details under, i will count smaller wave to have exact probable targets. The bullish scenario will be a W3 stopping at 270.69$. Thanks for liking this post and thanks for sharing your opinion or if you have any question let me know. Best to you !
ELong
by Crypto_Mercy
2