EGLD on track!!So far it's been following my previous analysis below to a tee. We will retest 270-280 zone (previous ATH resistance turned support) and then blast of to new ATH once it crosses $300 psychological level.
Maiar Dex is launching in November. This is the fuel this rocket needed for blast off.
Egldusdt
EGLD getting closer to breakoutEGLD getting closer to a breakout
Almost 2 month long base
Making Lower highs for sometime now
EGLD/USDT analysis in time frame 4hThe price was able to cross the triangle formed in the 4-hour time frame and get out of the triangle ceiling.
Now I'm waiting for a pullback.
In my opinion, the price can be supported at two specific points and climb to its historical ceiling.
The lower support range is more powerful.
I myself will wait for the stochRSI 14 to reach the floor range and then buy within the specified ranges.
EGLD: target 1250$ (0.886 FIB LEVEL)In my previous idea about schiff pitchforks i estimated 1150$ using FIB retracements.
This idea uses FIB extensions in logarithmic fashion, as well as axis. In this way, no more 6.618 madness shows there.
I added 0.886 which represents the price level derived from the golden ratio (0.618 x 0.618=0.786, 0.786 x 0.786 = 0.886). You can see that was the target in the previous run... right?
Between 30 Nov and Feb 2022 is my bet.
Let me know what you think, now that MAIAR DEX is about to happen.
$EGLD $1000 by the EOY? 🤔So, I ended up doing another realistic projection for one of my favorite projects Elrond Gold. The possibilities are endless with this project.
However, with that being said I think the most realistic price prediction for EGLD for the end of this bull run is $800 - $1,200.
Why? Well First off let’s start off with what the Andrew pitchfork model is telling us.
You have the outer blue areas of the model that are area’s that aren’t impossible to reach but somewhat unlikely,
that same sentiment is vice versa with the inner median channels (yellow and green).
The bright green flag represents the best scenario as far as price for by the end of the bull run, if it ends in mid-December.
The yellow represents a conservative scenario, and the red represents the worst-case scenario.
The best-case scenario for $EGLD within Andrews' Pitchfork Model is that for $EGLD before the bull run is over,
is that it peaks right within the yellow channel where the yellow flag is or outside of that where the green channel is.
This again, put EGLD around $800- -$1,200. This is the most likely scenario to play out because it seems as though EGLD right now is trading inside of an ascending channel.
That Channel runs right in line with the yellow flag as well as the yellow channel and the small outer green channel.
The expectation is EGLD to continue to climb.
Get this money, remember to take profits, and have an exit strategy!
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.
🌐 Tradingview
🏁 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, 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 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.
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 🤩