Get started

Elrond

EGLDUSDT, Elrond, back in bullish mode ?Hello, I've been looking at Elrond (EGLD) for quite some time now and I think it's one of the most undervalued altcoins right now. Given the good impulse we are seeing in ETH, especially versus the BTC, it is quite possible we see an altseason revival this April. The EGLDUSDT pair moved above all major EMAs on both the daily and 4-hour timeframes. What I'm currently looking for is a break above the $146-$149 zone and confirmation there (4-hour closure) to open long positions. The mentioned zone is a weekly resistance area combined with 61.80 drawn from the most recent pullback. It is quite possible that sellers will look at a potential diagonal resistance coming down from the March, 2021 peak (blue-dotted line). First target for open longs - $147 or right in the middle of the weekly resistance, but still - above the last daily candle close. Second: $149. First Sell Target: March high at $165 Regards
BINANCE:EGLDUSD.PLong
by FutureBlockchain
EGLD Elrond at 395$ or 310$ next waveNew retracement had changed our of Wave 2 for elrond it's why iam making this update (line in red). Here are possible targets for this intermediate wave 3 (red line) if we don't go lower. Golden pocket has been hitted but always keep door open for a low W2. Yesterday was a BIG day today for the ElrondNetwork community with the release of Staking Phase 3. One step further to a more decentralized & secure network: staking is now available in Maiar as well. 1000+ additional nodes & another $350m got staked in less than 2 hours. +$1.3B staked right now this is pretty crazy! Possible targets for intermediate Wave 3 (red line) 161.8% = 226$ (less probable) 261.8% = 310.64$ (favorite) 361.8% = 395.25$ (favorite) With the lenght of Wave 1, most probable target for me will be 310$ or 395$ Best to you and have a wonderful day.
BINANCE:EGLDUSDLong
by Crypto_Mercy
4
[60%] EGLD / USDTWhat Is Elrond (EGLD) ? Elrond 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 $0.001 transaction cost. The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees, staking and rewarding validators. Elrond was first announced in August 2019, and its mainnet went live in July 2020.
Long
by HolderYoda
1
Elrond compressed between MA21 and MA50 - Wave 5 nextEGLD is stocked between to MA's, MA50 in yellow at 126.57 and MA21 at 139.485$ The price can play between those 2.. but what i see is a potential breakout for wave 5 at the en of the triangle March 22th or 23rd. I will post possible targets for W5 in the bottom. ELROND EGLD/BUSD WHAT CANDLES ARE SAYING : 4 hour : Upside, spinning top with a close higher than the opening. Daily: Upside (reversal) (Spinning top green (confirmed a double bottom) Weekly: downside last confirmation was a double top *resume : Elrond is in accumulation mode. Pattern in formation is a M inside a Triangle, Neckline is receving support. Price is compressed and stock between supported MA 50 and resistance MA 21. MA 7 and MA 9 are also resistance PRICE RANGE TO EXPECT NOW : Between 126.60$ and 139.52$ Please note : MA50 is currently a strong dynamic support at 126.60$ --------------------------------------------------------------------- BTC DOMINANCE : Currently at 60.77% is falling since beginning of january but BTC DOMINANCE is rising since March 7th and found a bottom. BTC.D is picking up a bit which make it more difficult for Altcoins, Watch BTC dominance on Coinmarket cap (3rd chart in the bottom) : --------------------------------------------------------------------- Bitcoin : Daily: Last confirmation was double bottom at 55600$ Weekly: Last confirmation was bullish with a double bottom at 45190$ PRICE RANGE TO EXPECT NOW : Between 57150$ and 52573$ PLEASE NOTE DAILY MA21 is at 52573$ Thanks for encouraging me with CHEER . Peace, best to you !!
ELong
by Crypto_Mercy
1
Elrond (EGLD) formed Gartley pattern for upto 205% profit rallyHi dear patrons, hope you are well and welcome to the new update on Elrond (EGLD) coin with Bitcoin pair. On the weekly time period chart, after the completion of the Shark pattern, the price action of the Elrond coin has completed the formation of another bullish harmonic Gartley pattern. This trade has a big profit possibility up to 205% and the loss possibility is 36%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
Elrond EGLDUSDT - Bull Flag + Elliott Wave, BREAKING OUT!- Elrond is pumping hard recent months and this trend should continue! - As per my Elliott Wave count, i am expecting one more 5th wave to the upside. - Out profit target can be top of the trendline, 1:1 FIB or 1:618 FIB (conservative target 0:618 FIB) - The price is currently breaking out of the bull flag on the daily timeframe - Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓ - The blue trendline really should hold for continuation to the upside. - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
12