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Egldusd

EGLD - My current long term hold. This chart is for observation purposes only and I just wanted to share it with everyone. Elrond, Egld is one of my long term holds. I plan on accumulating as much as possible before breaking triple digits. ATH and price action has been already mapped out letting us know where everyone likes to buy & sell. With the past price history we can plot out when to take profit and when to DCA back in. The ATH market cap of Egld is around 11billion and it is currently sitting at a 3 billion market cap as of today, with that being said, it could possibly do another 3-4x. Play this trade as you will, this is not financial advice and always do your own research. My take profits are in orange and supports are in green.
BITFINEX:EGLDUSD
by Kenjin_Tanoshii
EGLDUSD is holding its 1W MA50. Bottom formation possible.Elrond, a crowd favorite among crypto traders, hit last week its 1W MA50 (blue trend-line) and so far on the current 1W candle is holding it. This makes it a Support, in fact it has been the long-term Support since the May - June 2020 bullish break-out. As you see on this weekly time-frame, using the help of the Sine Waves to better illustrate EGLD's cyclical phases, when the price hits the 1W MA50 it forms a Support, consolidates for around a month and then starts a strong parabolic rally. The previous corrections have both been around -80% and even though the current is just short of -70%, we have to watch the 1W MA50 closely for a potential bottom formation this month into February. Our next Target is the 5.0 Fibonacci extension level at $765.00. A break above the Higher Highs trend-line during the next rally phase, would place the target even higher within Fib 5.0 and Fib 6.0. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:EGLDUSD
by TradingShot
3
EGLD - ELRONDElrond 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. EGLD is a project that I like, it delivers and especially, I like the price chart. :)
BINANCE:EGLDUSD
by ny3001
Key Levels to watch of EGLD (Elrond Gold) We're in a buy area. These are the key levels of Elrond in a Weekly chart. $540 ATH $430 Highest Close Ever $268 Support and resistance $235 Support and resistance $188 Support and resistance. Fibonacci retracement is currently at 100% at this level, the price will most likely reverse from this area. $141 - 150 Supply and demand zone $65 - 88 Supply and demand zone Notes: * Price tends to bounce at these levels. If one level breaks, the price will go to the next level whether it's above or under it depending on the direction of the break. * Pay attention to BTC price as well cause everything is correlated in the short term. BTC analysis is coming up soon. * Continue Dollar Cost Averaging anywhere near the key levels
ELong
by BlueRidgeBusiness