Elrond is picking up next target 178$Hi everyone.
EGLD are now slowly climbing in Wave 3 and Bulls just took the hand on the Daily chart.
Most common target for this Wave 3 are :
-178.51$ / 161.8% fibonnaci
-196.11$ / 200% fibonnaci might play ABCDE :
-224.60$ / 261.8% fibonnaci
-270.69$ / 361.8% fibonnaci
Everything will depend on our timing with BTC. On what i see right now BTC can retrace from 55156$ to 51766$ or 57949$ to 53492$.
After that retracement liquidity should be moved to Altcoins.
Too early to figure out Wave 5 right now but my demonstration show a probable scenario for W5 if W3 is stopping at 224.60$.
A realistic target would be 252.28$ if this scenario happen, a more bullish one will target 299$. I will give more details under, i will count smaller wave to have exact probable targets. The bullish scenario will be a W3 stopping at 270.69$.
Thanks for liking this post and thanks for sharing your opinion or if you have any question let me know.
Best to you !
Elrond
EGLDUSDT (ELROND EGOLD) - POTENTIAL BREAKOUT ANALYSIS 🔎
- EGLDUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
eGLD Elrond inverted H&SInverted head and shoulders as an update to previous post. Defi 2.0 module coming late march / early April and now with an emphasis on the exploding NFT market. target marked, however we are at weekly resistance.
I love Gooooold Long Egold whether it happens like this or not! 29% Staking this is a long term hold for me. Love the tech, look out, ETH.
Breakout Anyone?Nice triangle breakout pattern developing. As long as BTC continues to trade sideways/up things should go in our favor. Not financial advice.
ABCDE scenario for Elrond EGLD B wave to 196$Hi everyone,
I decided to share this scenario with you, the way EGLD printed the ABC on the first A leg let me think that this ABCDE scenario is a real possibility.
If i'm right this will push the Elrond price to a possible 196$.
Let me know what you think. I will follow this pattern until i see something else.
Best to you and thanks so much for leaving a comment .. really appreciated.
Elrond to 178$ next target EGOLDHi everyone,
Bitcoin just found a new battle zone between 43k and 57k. A triangle can form during a new consolidation and accumulation phase.
On the 4 hours the bulls took the hand and if they can take the hand on the daily this would be my confirmation.
Same for Elrond.. Bulls are about to take control on the daily, they already did on the 4 hour chart.
In this small Wave 3 161.8% would be my top target around 178$. If you have any question or comment let me know.
You can join me on Youtube or on my website, thanks for supporting my work!
Best to you ! Crypto Mercy
EGLD is near end of its correction!For more details see Analyze, let's see what'll happen in coming days!
eGLDeGLD (Elrond) Finding support under resistance at the moment. Bullish once a breakout takes place and retests above black box. scenario void below $130. With the announcement of 30,000 Romanian vendors supporting eGLD and their DeFi 2.0 module due in April, I'm leaning towards bullish. MACD Cross over on the 12hr as well *not shown.
EGLDUSDTAfter the price rallies upwards, consolidation is taking place inside the Weekly Control Candle. Came to the lows and looking to break out of the retracement. This is not a leveraged trade, but I am DCA into my long term position.
EGLD - Elrond Gold Breaking out?EGLD - Elrond Gold Breaking out? Research this one. This may be a longterm play. Is now the time to buy? Not financial advice.
Bitcoin BTC - Breaking out - Back on track?Bitcoin BTC - Breaking out - Back on track? Expect big things this weekend for BTC, ADA, EGLD, BNB, RVN , DOT? Let's Go!? Not financial advice.
Daily close look good for Elrond, 144$Hi everyone ! Hope everyone is well !! :-)
Double bottom confirmed on this recent daily close.. very clean.. with a new high and a higher low.
Bitcoin also had a double bottom with a higher low but no new high.
Short term here are Resistance
R1 : 135$
R2 : 164$
R3 : 182$
R3 : 200$
Short term here are Support
S1 : 101$
S2 : 86$
S3 : 55$
$EGLDUSD - Double bottomHello everyone!
Double bottom pattern on the watch!
Nice opportunity to enter with a relatively small SL.
ELROND probable movementmost likely movement in my opinion is to hit 82 usd and then go up to 108/120, all very strongly connected to btc
no trading advice, feel free to comment, thanks
EGLD Channel SupportEGLD finding support at the bottom of the channel. Up from here. Shake out complete?
