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Elrond

EGLD symmetrical triangle Symmetrical triangle pattern forming, will we break above or below? It could go either way. No break and this pattern will form into an ascending triangle, MA looks to be increasing again. RSI mid range. Many are speculating $280 price target from the Fibonacci Projection. Regardless this is a great project to hold onto long term, great things are coming. EDST, Staking, Launchpad, DEFI, Partnerships Continuously rolling out and of course limited supply.
Long
by TraderWU
11
$EGLD/USDT 12h (Binance Futures) Parabolic curve on supportElrond eGold is retracing down but I believe uptrend could resume soon. Let's try to catch the next big dip if we are lucky enough! Current Price= 132.204 Buy Entry= 110.013 - 97.005 Take Profit= 159.521 | 219.800 | 311.178 Stop Loss= 75.154 Risk/Reward= 1:1.98 | 1:4.1 | 1:7.32 Expected Profit= +54.11% | +112.35% | +200.63% Possible Loss= -27.39% Fib. Retracement= 0.618 | 1 | 1.414 Margin Leverage= 1x Estimated Gain-time= 1440h
Long
by TradingOn
3
Potential breakout in preparation for ElrondHello everyone, potential breakout in preparation for Elrond, please take a look a my chart. The pole give me a potential Target og 197$.. if breakout occur my red line and the Gold line (fibonnaci Golden at 171$) 0.618% would be 2 great zone to take profit. Bullish scenario in preparation? We have a huge Spinning top in formation on the daily.. if it close like this in 48 minutes this will be our reversal confirmation to the upside.. i will post this candle (spinning top) under. Have a great night now.
ELong
by Crypto_Mercy
12
EGLD Elrond to 786$ 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$. For sure it's too early to predict wave 4 and 5 but what iam showing what would be the most probable retracement zone in green. Thanks for watching, and if you have any questions or comment it will be a pleasure to respond. Best to you !
ELong
by Crypto_Mercy
26
EGLD inside an ascending triangle Hi everyone, my members received an alert yesterday before the bearish candle close happen (Weekly Shooting Star), also i gave them all the fibonnaci buying entries... i received a lot of message ...like Wow you nailed it, Damn you are my god.. how did you knew? There is many factors in this industry that you can combine and consider like BTC dominance reversal, RSI, MA's, Candle close and more. Happy to see that a lot of people were able to accumulate yesterday night, it was just spectacular... and the price fall right on the Golden Fib. For now it look like short term that we might go around 168$ 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
ELROND EGLD preparing to hit $300 ?reasons: 1. candle hit the 50 SMA line. 4H MACD just landed to nearly zero level. descending volume. cooling down almost over? 2. hoping to see double bottom pattern, or a bullish descending triangle pattern. 3. fundamentally still on hyper active development & partnership going on. Staking on MAIAR app is not even live yet. DYOR -- !! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol. just documenting my own reasons of my investment & trading.
BITFINEX:EGLDUSDLong
by rafiirfan
2