Egldusd
[UPDATE EGLD] Circular fib modelEGLD model 3 update.
Very immediate scenario.
(DEC: min 900 max 1300) - take profit 50% 850
EGLDUSDT , Its ready to buyHello everybody
According to our last analysis , all of buy zone activated and now we are ready to go up to reach our target and our zone
But the important thing is in each zone becareful and if you see anything that show us the trend is becoming weak we should be ready to sell our egld but we try to update chart that time but if we forget to do this you have view of movement that what you should do ??
EGLD is one the most powerful project that is working in blockchain
Previous analysis :
Good Luck
Abtin
EGLD Short termStrong support between $340 to $350 and short term goal is $600
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EGLDUSDT , We need more correctionGood night everyone
According to our last analysis , exactly the movement and our predict happen and now after we made new breakwave ,we need to recovery the power to go up more and more .
Maybe because of the momentum the price want to go up and check the resistance zone and top of the breakwave again and then fall down
EGLD is one of the most powerful project in crypto and the fundamental of them is heavy powerful :D
We shown on chart two buy zone area that check in multi-time frame to find best zone for buying and HODL it until the target that we will publish in future can reach
Previous analysis :
Good Luck
Abtin
EGLD ELRONG EGLDUSDT Long Opportunity 20211124Signal: Blue -> Green
Structure Confirmation: Break Through the Resistance Lines
EGLDUSD, EGLDUSDTP, EGLDUSDT, CRYPTO, CRYPTOCURRENCY, ELROND
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Elrond (EGLD) Analysis 10/03/2021Elrond 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.
Elrond was first announced in August 2019, and its mainnet went live in July 2020.
Elrond describes itself as a blockchain platform for the new internet economy, decentralized applications and enterprise use. Its main selling point is its high scalability, stating that it is the first blockchain network in which state, network and transaction sharding have all been implemented. According to its economics paper, it seeks to build up its ecosystem and establish EGLD as a store-of-value asset.
To achieve this goal, the network runs on 2,169 validator nodes split into four shards: three execution shards, capable of 5,400 transactions per second each, and one coordination shard, the "Metachain." Elrond's adaptive state sharding architecture completely shards state, transactions and network. It can scale by adding an additional shard when the throughput demand is unmet. It was tested to run 263,000 TPS in a public environment with 1,500 nodes from 29 countries grouped in 50 shards.
In order to increase adoption, the project also supports developers building on the platform, allowing them to earn 30% of the smart contract fees as royalties.
The company maintains a supply of EGLD tokens to stake on the network during its first year, with validator nodes receiving a 36% annual percentage rate.
Technical Analysis:
there are total of 3 targets defined by Fibonacci projection.
the 3 TP gets its confirmation when the 2 TP gets triggered by an impulsive wave followed by price correction.
$EGLDLeading up to November 19th, EGLD’s price was around $300. However, last Friday, this changed drastically, and the token charted a new all-time high of around $492 today.
One of the main reasons behind the price expansion might have been the $1.29 billion liquidity incentive program, which Elrond introduced on Friday. The initiative aims to “supercharge” the upcoming launch of the platform’s native decentralized exchange – Maiar.
The DEX will use its utility and governance token – MEX – to transfer the funding. $282 million of the total amount will be distributed in the first month to those users of the trading venue who provide liquidity in EGLD, MEX, and USDC.
EGLD is probably one of my biggest holdings.
It had a clean break of its ascending triangle on the daily and continued strong.
Price closed on a bearish shooting star which could confirm that’s it for a little while.
We could expect price to pullback from being overbought before a continuation up.
Overall. I’m long term bullish.
Keep this on your watchlist.
- Factor Four
ELROND IN A BIG CHANNELDue to the Maiar news and Mex I can see EGLD easily reaches the top of the channel which is in a red box
I want to see it break above channel and go for top10! But Technical analyses doesn't say that!!
Also There are many people in the community Swapping their MEX to more EGLD!!
EGLDUSDT , Broken upward channelHello guys
Whats up ? did you follow us and be patient to our team publish anay chart or not ? :D :D
Everything is shown on chart is nothing to explain but i will tell you some point for taking position
The price broke the upper trendline of the channel and had pullback to it and now we shown 2 target on chart , when the price can break and move up the first Tp you can be ready to have position in the way and when it pullback to the broken zone and wait until the second Tp reach
Dont forget use stop loss and use money management and first take signal like ... then take in position
Good Luck
Abtin