Elrond (EGLD) on the riseElrond continues with a very strong uptrend.
Possible increase of 400% in the long term.
The graph in front of Bitcoin follows the same direction.
Dotted lines indicate a possible time to purchase.
Egldusdt
Bitcoin heading towards All Time High* Bitcoin forms a Falling channel pattern in 15Min Time frame.
* After a proper retest to the breakout level we can see healthy uptrend till ATH
EGLDUSDT Technical Analysis⏳ Spot
💎 EGLDUSDT has formed a descending triangle and has been moving along the descending channel. It has broken above the triangle and the channel. I expect that it continues to go higher after the retest.
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 235.00
☕️ TP1 243.00
🍺 TP2 252.00
🍻 TP3 270.00
🍾 TP4 290.00
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 220.00
Good Luck 🎲
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#ELROND #EGLD DAILY ANALYSIS#ELROND #EGLD DAILY ANALYSIS
Considering the channels drawn for EFLD as well as the use of Andrew's pitchfork, one can expect price growth. Two entry strategies are suggested. One step entry from the current price to $ 184 with a stoploss of $ 150 and the other entry in case of resistance breakdown of $ 270 with a loss limit stabilized below the last price floor created before 270.
TARGETS:
1- 440$
2- 520$
3- 630$
TIME: 1-3 M
EGLD in ascending triangleEGLD in ascending triangle and considering news and volume maybe it broke the triangle and channel and grow to top of the channel and Resistance line & maybe more
rsi is in good position too (daily)
buy around 240 - 245
TP: 285 - 350
SL: 220 (daily candle under 220)
NeutralHi guys, it looks like the price is moving in a triangular pattern. Wait for failure and move with failure. If the failure was from the top of the triangle, you can use the long position, and if the failure was from the bottom of the triangle, you can use the short position. Be profitable
EGLD going to $4000?!EGLD is nicely following an upward channel that can hint us the next targets for this coin in long term up to about $4000.
Do Dollar-cost averaging and buy this coin.
Muneeb
EGLD, I'm expecting a big move, 305 then 460 .. or south 201 ?Only consolidation at my previous ideea, and some more levels.
We are moving in wedges since last ALTS market wake up.
The only worrying reason for me is the EGLD vs BTC graph ( the picture on the right ) witch gives us a new sell signal on MACD on 5 days candles... Let's see...
Big fundamentals ahead and DEX coming live soon...
We could see the TOP diagonal (red line) becoming the next support and launching pad for the candles to come, I would very much like that, and it is possible to see next, or to reconfirm as the ATH top diagonal and to see a new rejection from this line.
This is my personal opinion, not a financial advise!
Take care of your hard made money guys!
CHEERS!!!
$EGLD MISSION10 Repeat patternThere's a high chance Elrond's EGLD will repeat the same pattern as beginning of 2021. If so, then we would see an uptrend of approximately 70% towards the $423 mark in the next few weeks. With upcoming news towards their Maiar DEX launch and LaunchPad this year, chances are high Elrond is currently loading up for a big leg up.
EGLD to Reach ~$500 in October !!!!!
EGLD is in an Ascending Triangle that is posed to break towards the upside
Measured move target is around $450-500 if we can get past the $270 and $300 major resistance zones
Folks are sleeping on this sleeping GEM, less than 1.1Mill EGLD left in Exchanges
EGLD 50% Move to Upside Real PossibilityHi Folks,
We are seeing a potential descending triangle on EGLD/BTC chart. If it breaks to the upside, I expect a HUGE move to the upside.
However, there is a possibility of a strong BTC upside continuation, hence the triangle could break downwards.
Not too worried about the Death Cross on the 4hourly, it can quickly turn into a Golden Cross
Before entering any trades, watch for confirmation of break towards either upside or downside. This is not financial advice.
EGLD Bullish opportunitiesRetest ongoing (bullish opportunity)
Scenario1: if bullishly breaks yellow triangle (upward)
Scenario2: if come to retest red big triangle upper line
and bounce back
Egldusdt analysisOn 4hr time frame egldusdt pair breakout from the big triangle the breakout is also hanpped on daily time frame.
Now the technical target of egldusdt pair is 380 dollar the 2nd co formation about the target is fib extension also at 380 usd 3rd confirmation is bul flag framed on 4hr time frame thats target also is 380 usdt.
There we have 3 confirmation about the target
1-Triangle breakout target 380
2-bullflag breakout target 380
3-fib target 380
Now the question is when to enter i to trade
Enter on retest ( 254, 258 )
First target: 272 dollar (25% profit booking)
2nd target: 384 dollar (25% profit booking)
3rd target: 310 dollar (25% profit booking)
4th target: 380 dollar (25% profit booking)
Stoploss: 220 dollar level
Tarde with low leverage or buy on spot only 🤩
EGLD breakout soonLooks like we're gonna have a breakout on the EGLD/USDT chart. Elrond is a project with incredible fundamentals and the chart is very bullish, too. Maiar Exchange is also coming soon !
Can EGLD create a New ATH soon?Hi every one
EGLD / TETHERUS
EGLD has formed an Ascending Triangle which has not been Broken yet! the Price still has a chance to range in this Pattern. The Price can Do a break out soon and when It happens, EGLD can Increase as much as the measured Price movement.(AB=CD) if it happens, we will see EGLD at 340$ which is a new ATH for EGLD.
summery:
-EGLD is in a Bullish pattern( Ascending Triangle)
-No break out yet!
-It's Gonna Increase as much as the measured Price movement (AB=CD)
-Creating a New ATH is possible Right now!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Bullish pennant in EGLD 4h !In EGLDUSDT 4h
There is a bullish pennant .
If it breakout and goes up 1(258.85) .
Le'ts setup
SL:236.74
TP1:282.58
TP2:292.18
TP3:312.78
TP4:346.11
WHY 100% bull market? Let me show you EGLD, BTC.D & more (PT.1)In this first video, I'm going to show you why we are 100% in a bull market and why altcoins are going parabolic in October and maybe early november.
It's easy:
- look at the overall structure of the charts
- look at the moving and exponential moving averages daily crossing
- look at the weekly charts
Also, I'm speaking about a new scenario when it comes to the bull market which I called "the DOLLAR scenario". It will be discussed in Pt.2
#EGLDUSDT approaching#EGLDUSDT is very strong and it could approach 260$ and 300$ zones in next days. but if it loses 220$ zone again it will fall down to 180$ zone.
eGLD Elrond breaktout After spending month long in pattern it has broken to the upside. TP targets marked in yellow.
EGLD will break out soon!Here's a quick Look at EGLD 4 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 256$
2. 278$
3. 300$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Pronic numbers SOL and EGLDA pronic number is a number which is the product of two consecutive integers, that is, a number of the form n(n + 1). The study of these numbers dates back to Aristotle. They are also called oblong numbers, heteromecic numbers, or rectangular numbers. The first few pronic numbers are: 0, 2, 6, 12, 20, 30, 42, 56, 72, 90, 110, 132, 156, 182, 210, 240, 272, 306, 342, 380, 420, 462 … and so on.
As you can see a lot of cryptocurency prices usally have a resistance/support levels here or they can serve as areas where price might be revolving around a lot, etc...
For example with BTC we know that in 2017 it went close to 20K top then crashed to 12k then 6K then 3K and it reversed back to 12K then 6K then 3K areas. In this bullrun it went from 12K to 20K to 30K to 42K 56K and so on, right now we are again staying in this 42K area.... So you can notice these numbers represent important areas in the chart. The current top of BTC is 64K, which doesn't fit pronic number sequence which should be 72K, interpret that as you want, but so far looking at a lot of cryptocurrencies they follow this route, unless when it comes to blow of tops or overheated markets.
