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Elrond

EGLDUSD Critical Lower High testElrond (EGLDUSD) is having a strong 1D green candle currently but it remains under the selling pressure of a Lower Highs trend-line since the March 28 High. That price action in fact resembles the selling pattern of December 2021 - early January 2022. The price continuously failed to break above the Lower Highs and as a result dipped another -37% to price the January 22 Low. A -37% from yesterday's lowis around the $65.45 mark. If the 2021 fractal is however counted from the November 23 High (with the 1D RSI agreeing to this), then a 1.382 Fibonacci extension would be more accurate for the next Low in case of a rejection, which is currently around $79.30. If however the Lower Highs trend-line breaks, we expect aggregated buying towards the 1D MA200 (orange trend-line) as in the case of the February 11 High. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:EGLDUSD
by TradingShot
3
Elrond bear market bottom to 36.50$ or 20$Hey everyone, E wave inside ABCDE in yellow was a FLAT ABC trap. Egold only have 2 MA's, 3 Months MA9 at 112.70$ and 5 months MA 7 at 108.65$. Losing this can easily bring the eGOLD on next strong support which is 85$. I see Elrond is this Grand WXY in Blue. 2 top bear market log fibs are 0.382 which is 36-37$ for Elrond, and logo 0.30 at 65.50$ but weakest altcoins sometimes drop to log 0.5, its around 16$ -18$ for the eGOLD. Its a possibililty but less probable than36$ in my opinion. Best to you !
BINANCE:EGLDUSDShort
by Crypto_Mercy
2
Elrond (EGLD) Buy ZoneElrond (EGLD) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium We've once again retested long-term support and bounced from from our slight sub $128 zone, pushing price back up to around $134 where we're currently trading. -------------------- $EGLD/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 128 - 134.75 TP 1 : 140.5 TP 2 : 145.2 TP 3 : 150.8 TP 4 : 156 TP 5 : 162.6 TP 6 : 169 TP 7 : 178 TP 8 : 189 Stop Loss : 120 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1
EGLD entering Sell Zone$EGLD #Elrond entering the sell zone (red box) between $186-198 where the 21W EMA and the 200 day EMA are now, probably going back to touch the 50 day MA (curved red line) after getting rejected. The "buy box" (green box) is now between $140-$150. The game here is simple: - Buy in the green box - Sell in the red box - Stop loss at $132 (or 5% below your buy price) - Potential average profit: +30% - Potential loss: less than -10% if you set everything properly Bull market support band (20W SMA, 21W EMA) are now around $189 and $226 respectively, meaning until we see at least a few candles closing above $226 this is still in a downtrend. Probably getting a MACD bearish cross by the time we reach the vertical blue line and we could even see a double top around $199/$200. Enjoy.
by BlackTieCrypto
Elrond (EGLD) - March 24Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (EGLDUSDT 1W Chart) If the price holds above 189.78, it is expected to turn into an uptrend. (Important perspective) Primary resistance: around 259.05 Secondary resistance: around 388.02 If the price falls below the uptrend line, there is a possibility that it will move towards the 89.17 area, so you need to trade cautiously. -------------------------------------- (EGLDBTC 1W chart) Above 0.001910: Expect the uptrend to continue Above 0.0035: Expected to create a new wave. Primary resistance: 0.004758-0.005159 Secondary resistance: 0.007040 It is important to keep the price above the 0.004228 point. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
I see EGLD bullish vs BTC! Let's GO!We have strong buying signals on 5 and 9 days time frames. MACD is a big buy on EGLD/usdt and more, on EGLD/BTC. ELROND has strong fundamentals with lot's of good news. The team is one of the few that are delivering all that was promissed and much more. The BTC dominance graph is still in the same downtrend and not giving a sign of rebound. I believe in a new bull wave for BTC (wich is possible to see soon) and that some of the Altcoins will have much ample move than BTC and ETH . I believe EGLD is one pf them. CHEERS GUYS! This is NOT a financial advise!!! It's just my opinion. Take care of your hard made money!!!
Long
by Bogdan_TOMOIAGA
2
Bags $4M FundItheum announced investments from Elrond, Mechanism Capital, and other crucial investors; raising their funds from $11.5M to $14M. The initial $11.5M came from an earlier round funded by Morningstar Ventures, incubating Itheum via their Elrond Dubai Incubator. The additional investments included Elrond Foundation, Mechanism Capital, Woodstock, Ascensive Assets, Skynet EGLD Capital, MHC Digital Finance, ZBS Capital, and Spark Digital Finance. Itheum’s Founder Mark Paul commented on the recent eventful months of Itheum.
Long
by Erica6560
In the end, the EGLD coin broke its falling trendlineThe Elrond coin price is moving higher after breaking the declining trendline, and the coin is observing bullish after the breakout. The EGLD coin is approaching 100-day moving average after maintaining the crypto price higher above 20 and 50 MAs. The Elrond coin is looking above the 20 and 50-day moving averages and below the 100 and 200 MA in the daily price chart. Stoch RSI is rising higher and showing a bullish trend in the context of the regular price chart. At the time of writing, the indicator is moving into overbought territory. Furthermore, the Average Directional Index is at 12-points, suggesting an extreme sideways movement for the Elrond coin. Elrond investors are looking for a bullish weekend. Now it remains to be seen whether the bulls will succeed in this act. Sellers may gain a greater role around the $230-resistance if investors are unable to break through the next barrier. Support level - $120and $100 Resistance level - $230 and $300
Long
by TheCoinRepublic
EGLD - My current long term hold. This chart is for observation purposes only and I just wanted to share it with everyone. Elrond, Egld is one of my long term holds. I plan on accumulating as much as possible before breaking triple digits. ATH and price action has been already mapped out letting us know where everyone likes to buy & sell. With the past price history we can plot out when to take profit and when to DCA back in. The ATH market cap of Egld is around 11billion and it is currently sitting at a 3 billion market cap as of today, with that being said, it could possibly do another 3-4x. Play this trade as you will, this is not financial advice and always do your own research. My take profits are in orange and supports are in green.
BITFINEX:EGLDUSD
by Kenjin_Tanoshii