$EGLD/USDT 1h (Binance Futures) Rising wedge breakdownElrond eGold is showing some reversal sign and could retrace further, let's give it a try.
Current Price= 13.363
Buy Entry= 13.346 - 13.666
Take Profit= 12.825 | 12.466 | 11.970
Stop Loss= 14.075
Risk/Reward= 1:1.2 | 1:1.83 | 1:2.7
Expected Profit= +10.08% | +14.40% | +22.74%
Possible Loss= -8.42%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 120h
Elrond
EGLDUSDTEGLD has been in accumulation for some times now and it broke out with a sneaky pull back which should server as entry for those that missed the break out. It's obvious that it's ready to go on a long uptrend ride. RSI is very strong likewise MA 20 and MA 50 look good at the break out. In the light of this, there a staking coming up on elrond mainnet, believe me that will bring in more price spike and volume it needed for the up ride.
Another Livermore cilinder that won't play out?Hello guys,
My last prediction for eGLD was not completely opposite, but well... tough market conditions <_>
I am seeing this beautiful composition of triangle and cilinder patterns, and it could play out.
BUT: check the last prediction of user @Rugova, who very well display what I have been also looking at these last weeks. Is this a Wyckoff schematic and we will go to the blue line down there?
I say 60% for the Wyckoff (short) and 40% for the cilinder (long).
What do you guys think?
EGLD/USDT 8h (Binance Futures) Descending channel breakoutElrond eGold is surely looking juicy here, preparing for a big move up I believe after that pullback.
As long as 50MA is holding and supporting the price we are good to go up!
Current Price= 8.158
Buy Entry= 8.191 - 7.729
Take Profit= 8.953 | 9.906 | 10.96
Stop Loss= 6.967
Risk/Reward= 1:1 | 1:1.96 | 1:3.02
Expected Profit= +12.47% | +24.45% | +37.69%
Possible Loss= -12.47%
Fib. Retracement= 0.382 | 0.5 | 0.681
Margin Leverage= 1x
Estimated Gain-time= 480h
EGLDUSDT E-GOLD SEEMS VERY INTERESITNG FOR PROFFESIONAL TRADERS Thats a great news! in trading is better to have interest than not having it! egld has in the eye all proffesional traders and huge companies observing it and in the last weeks manipulating prices to get it down. we see that when egld has good news in the terms of development, this traders put huge selling orders so they are bottoming the price and making domestic investors loosing interest in egld. this has a rich and a poor thinking. ther poor thinking says: damn it! i am losing my money here!. the rich thought says.....something is going to happen big money its about to come. what kind of thinking do you have? :) best regards to all followers
Elrond - This one has potential for bigger gains LONGERD or Elrond has been in consolidation since its last huge gain, and subsequent retrace. This is pretty bullish, and there is a lot of buying pressure. This is an alt that I would be willing to throw 10% of my portfolio as a risk into, as it's getting that much hype (believe it or not, hype matters more than fundamentals when it comes to crypto, although it helps to have a solid fundamentally sound coin.). I believe you should get into this coin BEFORE September 3, if you are going to do it. This is when the news will start coming out about ERDgold, as well as some other hype news.
I think there is a ton of upside in September, but then let's get back to the reality and buy our BTC back.
ERD: about to reach an ATH!?The falling wedge is broken. Also, EMAs have formed a bullish cross.
Please hit LIKE if you find this idea useful!
Elrond: Super bullish (Up to 500% potential)This is my idea for Elrond over the next 2 months. I believe #ERD will reach .11 - .12
The swap to Elrond Gold #eGld happens in the beginning of September. So according to my prediction, we will see #eGld at $110 - $120 in October.
Not trading advise, just my dumb ideas.
~Master of Mullets
ERD correction of the FallingERD / BTC
Buy: 0.00000162 - 0.00000158 BTC
Stop Loss: 0.00000146 BTC
Targets: 0.00000181 - 0.00000201 - 0.00000219
The project has been actively growing in the last 3 months. For many indicators, there has been significant unloading. Now the ERD price is testing the upper border of the descending triangle. Additionally, the project yesterday announced the integration of new DeFi oracles built on their platform.
Elrond(ERD) Continue the Correction...In my opinion Elrond(ERD) is one of 3rd generation of cryptocurrency..
They always active from before launching their mainnet on 29 July 2020 and the price went crazy!!
The hype was stop after mainnet launch the price is going down until now and in correction phase..
Did you see ERDBTC chart? it shows the most known head and shoulder pattern, everytime this pattern come disaster will follow...
Now the price going to FIBO 0.618 with volume decrease and stochastic is below 20, if reach the support it willl bounce to the resistence.
Did you agree? please comment if you have an different idea!!
✳️Elrond [ERD/BTC] on Aug-16 #ERD $ERD #ERDBTCERD is in a downtrend but selling pressure is decreasing so we can expect a rebound of ERD with 230-240sts target over the next 4-5 days.
But if it falls out of the 170sts range, the ERD will have a sharp drop to 130-140sts, which is a reasonable buy zone where we could buy ERD back.
ERDUSDT | Elrond | Closing in on the Triangle FormationThe coin has so far given immense profits and is more likely to do so with the managements ongoing engagement on the adoption of Elrond Network. The coin is imminent to break above current price and the sky is the limit once it does as there is no resistance to stop the price once it crosses the all-time high.
Thank you for reading, hope you have a good day!!
ONT/USDT 1h (Binance Fut.) Parabolic curve trend continuationFA: Ontology is quite bullish with that partnership with Elrond and that Neo pump.
TA: It just made a new high, let's see if we can catch a dip to follow the up-trend!
Current Price= 0.8333
Buy Entry= 0.8303 - 0.8103
Take Profit= 0.8607 | 0.9030 | 0.9892
Stop Loss= 0.7799
Risk/Reward= 1:1 | 1:2.05 | 1:4.18
Expected Profit= +29.58% | +60.48% | +123.54%
Possible Loss= -29.58%
Fib. Retracement= 1.4145 | 1.618 | 2
Margin Leverage= 6x
Estimated Gain-time= 120h
ERD just reached a new ATH! Don't miss it.Right now ERD is retesting the resistance level and is about to close the day above it. If so, it will have a clear path to 300+ sats, in my opinion.
Note that the mainnet is very close and the CEO announced in the AMA on Friday that new economics & products are coming along with the mainnet launch.
Also, since today, the equivalent of ~$95 mil. in ERD is locked in the delegation smart contract and the withdrawals are closed until the mainnet. So, a huge potential selling pressure is gone for the moment.
ELROND breakoutThe price just broke out from a descending trend line after the release of the ONT partnership news. The 211 sats level would be the last resistance level and if we manage to surpass it this would be our last confirmation of a bullish breakout.
#ERDBTC Long another potential 30%ERD (ELROND) is ready for another ride!
After breakout and confirmation, we can see ERD gain over 30%.
Now we are nearing the end of the pennant and imo there can be two scenarios and we can profit from both. If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there.
Remember ERD is a huge GEM and a competitor to Ethereum so we can see huge potential for ERD especially on the coming Bull market that will be like anything we have seen before.
I am extremely bullish on ERD
and this is one of your long term HODL coins.
Short term traders can benefit too ! 30% is not bad at all.
IF this holds we can expect another Bull run by ERD.
ENTRY: CMP (193 Sats )
Targets:
204
211
255
SL: 168. Do DCA and buy in Dip
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Remeber this always
#Golden Rule
#BTC moons Alts Rekt
This is what I think.
Share your opinion guys!
Stay safe
#PEACE
$ERD ERDBTC ready to fly again$ERD has just broken out of the channel.
I expect a significant increase, most likely above the current ATH.
Maiar also opening up to the first wave of users today.
Watch closely!