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Elrond

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
Elrond EGold (EGLD) to 330$ and 1449$ short term targets.Hi everyone, Egold is having a great push on the upside and his market cap just by almost 3B on 8 days which is remarkable but there is some reasons for that, some Dev in the DEFI world are beginning to think that EGold would be the solution and offer a powerful structure that is surpassing by far Ethereum. Ethereum struggle, modifications are complicated and their developpers are saying that they try to change an engine on a car that is already moving on the road. Elrond offer 15000 transactions per seconds with an average cost of 0.001$ and Ethereum offer 15 transactions seconds with an average cost of 10.20$. One other advantage is the adaptative state sharding of Elrond which make the network much more efficient & scalable. They also have a Virtual Machine VM WASM that is incredibily powerful. Adoption is fast with the possibility of staking EGLD at 29% API. Here are some possible EW possible short term targets. 330.16 (161.8% fib) 1449.39 (200% fib) *The material in this post has no regard to the specific investment objectives, financial situation or particular needs of any viewer. This post is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies or any related financial instruments. Nor should any of its content be taken as investment advice. Crypto Kirby is not a financial advisor. The views expressed in this video are completely speculative opinions and do not guarantee any specific result or profit. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this post are subject to change without notice. Crypto_Mercy is not under any obligation to update or keep current the information contained herein. Crypto_Mercy may have an interest in the securities, commodities, cryptocurrencies and/or derivatives of any entities referred to in this material. Crypto_Mercy accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this material. Crypto_Mercy recommends that you consult with a licensed and qualified professional before making any investment or trading decisions.
BINANCE:EGLDUSDLong
by Crypto_Mercy
31
EGLD 12h Super growth, what's next?The last time we published an idea and described the EGLD coin 1.5 months ago. The idea worked and a correction took place from $ 30 to $ 20. And now the content shock: during this time, EGLDUSDT has risen in price by 1000% or x10 The top bar at the moment is $287 In the coming days, it will be decided whether the price will go there or not. After all, if the move is delayed and the movement begins to weaken and falling below $137 , there will be a possibility that the price of EGLDUSD will fall significantly lower. The liquidity levels below are $ 70 and $ 35. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
7
$EGLD - more DeFi, more pumpElrond a fundamentally brilliant DeFi with a great team behind it has only kept rising since its launch Extremely low fees, insanse transaction speeds and capability with the addtions of decentralised finance and fintech its a good look On the TA side, we have some form of bull flag/ trend-line being broke, once flipped new ATH's should be formed As long as BTC continues above 34.5K this should be more than good for new ATH's Also the ETHBTC chart is now in the upper range which means Alt's should have that extra power
Long
by InvestmentsHub
$EGLD - Elrond is moving like AAVE +90%When I made my post of the original setup I said how it is fundamentally a strong project with a well respected team behind it, but damn I didn't expect this. I can't lie I took all my profits at the 2.0, at $91 which I'm happy about as was still a big 40% profit. Maybe now in this environment if a coin is fundamentally really bullish, like 1inch was, we keep 20-30% of the initial trade running as a bit of an investment and cash this out when it does it's next leg or two up, if it does that is. Wandering where this will go now? Theres not really anything to fib off here, so maybe psychological $150? A retrace to $101 or $91 does look likely to me in the near future...
by InvestmentsHub
EGLD TradeThere is the possibility of making a trade on the break of the maximums of this analysis, the stop at -30 / -35% around $ 35 which given the quality of the movement in progress can bring an r / r higher than 1/3 , time to keep the trade open 1/2 months, because it is riskier than the others, I entered at $ 38, in case you can expect a small retracement to $ 49, but since we are buying strength here, it is worth staying up that and do not go to buy weakness in the downside .... If you liked this analysis, help me to improve them more and more, donate here: erd1q6vh7azj68p4udsmqzc4ej7dm6du6hh6zgp048rs9mp490wqjk9s2rxl3k
Long
by Melupira89
1
EGLD Salve Elrond ready for next round! whats Elrond!? Aw sh*t, here we go again Elrond aims to build a high-throughput blockchain that aspires to build the next internet-scale blockchain. Recognizing that most scalability efforts by other projects are not sufficient in that the efforts are merely “kicking the can down the road”, Elrond set out to create a blockchain that is capable of 1000x throughput than most existing blockchains. This improvement of transaction throughput allows Elrond to handle even the most aggressive wave of user adoption. anyway Im gonna buy bag of gold for long run arrivederci
by amirsediq
2