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Egldusdt

EGLD Elrond to 786$ in Wave 3 why?I know you think this is a joke, but who tought Bitcoin will had been to 1175$ in 2013$ and 234 days before the Bitcoin price was 269.20$. Just take a quick look at what happen to Bitcoin in 2013.. EGLD and BTC are very similar. Yeah i know the EGLDUSD can retrace lower on Wave 2 but the Golden Fib is a strong retracement...and we touch it with a very strong support yesterday night. We ain't seen nothing with Elrond yet with Elrond and this is just the beginning. Let's pretend wave 2 is over and that our retracement yesterday was the bottom of W2.. (which is possible technically) this scenario will be a pretty realistic one for the next 5 impulsives. My 2 top targets will be 596.51$ and 786.424$. For sure it's too early to predict wave 4 and 5 but what iam showing what would be the most probable retracement zone in green. Thanks for watching, and if you have any questions or comment it will be a pleasure to respond. Best to you !
ELong
by Crypto_Mercy
26
💡 Don't miss the great buy opportunity in EGLDUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (136.7). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EGLDUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 187.90 TP2= @ 217.40 TP3= @ 238.70 TP4= @ 272.55 TP5= @ 313.50 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
40
💡 Don't miss the great buy opportunity in EGLDUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (136.7). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EGLDUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 187.90 TP2= @ 217.40 TP3= @ 238.70 TP4= @ 272.55 TP5= @ 313.50 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
9
EGLD inside an ascending triangle Hi everyone, my members received an alert yesterday before the bearish candle close happen (Weekly Shooting Star), also i gave them all the fibonnaci buying entries... i received a lot of message ...like Wow you nailed it, Damn you are my god.. how did you knew? There is many factors in this industry that you can combine and consider like BTC dominance reversal, RSI, MA's, Candle close and more. Happy to see that a lot of people were able to accumulate yesterday night, it was just spectacular... and the price fall right on the Golden Fib. For now it look like short term that we might go around 168$ with this ascending triangle. Best to you ! Visit my website brand new website and don't hesitate to send me comments or things that i should offert to help you Nail all this :-) Cheers!
ELong
by Crypto_Mercy
Potential Bullflag for Elrond EGLD to 264$EGLD is printing a Bull Flag right now, the question is ... is it a fakeout? We have to keep in mind that Bulls are still in control on the daily, Weekly, Monthly etc... Potential targets of this bullflag is 263-264$ and can push to 271$.. even 277$. Let's see how this play out. To breakout we need to go over all those resistances -4 hour chart MA21 at 176.75$ -6 hour chart MA21 at 176.80$ -12 hour chart MA9 at 177.566$. -2 hour chart MA50 at 179.89$ -0.236 fibonnaci at 176.553$ Keep in mind that this bull flag can turn in a triangle, if you want to try the swing.. get in after a confirmation over 180-181$... let them go over first.. and buy the retest of 180$ 177$. Always play with good Risk Management... Another way to play it is to wait the confirmation over the last ATH at 217$, after 217$ will be confirmed new support your good to 264$ (more than 20% gain). One thing to note is that.. if we don't go lower short term and want to go directly in W5... 272.367$ is the 261.8% fib... which would match with the destination of this bullflag. Best to you my friends. Let me know what you think and what you see.
ELong
by Crypto_Mercy
3
EGLD - KEEP AN EYE AT BTC!!!We need a steady BTC for a EGLD relaunch, I mean not a volatile one with no more than 5% ups and downs. I think everything in all the market now, as always is depending on BTC movements. Everybody keeps silent when the fat lady sings! I believe we are consolidating here. We could see ample movements and retracing after going up, don't forget, BTC is near ATH and EGLD/BTC bouncing between ATH and the previous ATH. I use Phoenix Ascending indicator to see trend changes. If you intend to use it, don't forget to check more timeframes to see the whole picture. This is the picture is my personal opinion, not a financial advice. Take care! Cheers!
by Bogdan_TOMOIAGA
2
EGLDUSDT (EGLD) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - EGLDUSDT was printing a falling wedge pattern. - That was a bullish reversal pattern. - Price brokeout above the falling wedge's resistance. - Price then retraced for a retest of the falling wedge's resistance and 0.618 fibonacci retracement level. - The retracement is resisted by the descending trendline resistance. - Possible uptrend continuation. BUY ENTRY ⬆️ - Aggressive entry (risky) : market price (now). - Conservative entry : breakout above the descending trendline resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the 0.786 fibonacci retracement level.
Long
by Chibuike_Odoh