EGLD is going directly to $2400 or needs a correction till $252?EGLD is in the 2.6BC and the median line resistances area.
crab harmonic pattern:
X=$423
AB=0.61 XA
BC=0.38 AB
1.6 BC=$91
2 BC=$170
2.24 BC=$252
2.6 BC=$467
3.6 BC=$2400
1.6 XA=$26000
Elrond
Elrond: It's going to get bloodyWe like the Elrond chart because the Elliott Wave count is crystal clear. It just finished at a secondary wave 4 in the shape of a triangle that broke to the downside. We are now in minor wave 3 of secondary wave 5 to the downside, this is where things unravel and gets unfortunately bloody. I have set two potential targets to watch. In case of a truncation, it would mean Elrond would simply revisit its previous low of $225 from last week's crash. In case of a channel bottom retest, price could fall as much as $180 in the upcoming days. Since the wave count is easy to read, when this bottoms, it's probably when Bitcoin and Ethereum are going to bottom as well.... We will see!
[UPDATE EGLD] Lengthening decreasing returns parabolic modelEGLD model 2 update.
Very immediate scenario.
(DEC: min 850 max 1100) take profit 50% 850
EGLD - Elrondcheck this site "coin360" , set the block size in volume , hide the BTC,BNB,ETH,USDT ....
look at the EGLD, what a good volume .
in the ascending channel , you can buy EGLD for long-term ,it has great goals, midline is important resistance line , Ichimoku can help you .
don't forget to buy step by step and keep in watch the BTC chart .
[UPDATE EGLD] Lengthening decreasing returns inverse price modelEGLD model 1 update.
Very immediate scenario.
(DEC: min 1000 max 1500) take profit 50% 850
[UPDATE EGLD] Circular fib modelEGLD model 3 update.
Very immediate scenario.
(DEC: min 900 max 1300) - take profit 50% 850
Elrond: Bull market is overAccording to Elliott Wave Theory, Elrond is now in a bear market that should last for a while... We have clear identifiable five waves, with the last one coinciding with the unveiling of the $1.29 billion program for the DEX Maiar.
🔥 EGLD Triangle Break Out: Volatility IncomingSince the massive drop last weekend, EGLD has been seeing a prolonged period of consolidation. This period of consolidation formed an almost perfect triangle on the chart.
Classically, triangles end up with a climax (break out) towards one side, often accompanied by a lot of volume and volatility.
Since EGLD is nearing the end of the triangle, I'm expecting volatility soon. With the crypto (and stock-) market seeing a strong reversal at this point in time, it's expected that EGLD will break bullish. Wait for a big green candle to confirm the break out.
Targets placed at recent tops.
Happy trading!
[UPDATE TOTAL DEFI MARKET] 3rd cycle driven by cardano/elrond?It looks like we are approaching in 35 days one more bullish run for the defi market. The bitcoin dominance support this theory.
Target 800M$
EGLD - maybe a great opportunity We are waiting for another pump these days considering the launch of RIDE token( the native token of Holoride project) on the Maiar DEX.
Keep an eye on EGLD.
EGLD TA - Possible bullish scenario 4h I reentered a position here. There are many reasons for it:
1. bounce from the 0.618 fib level 2nd time
2. forming a double bottom
3. bounce from the "buy" zone
4. Forming a possible W pattern.
This is still a risky one. Let's see if this will play out.
Position informations:
* Entry Price $393.14
* SL $375
* TP1: $479
* TP2: $539
Disclaimer: DYOR. No financial advice. Just for your impression.
EGLD - Elrond, yield farming, MEX & into 2022**Thank you for checking out my chart, please 'Thumbs Up' if you like it and support me below by using my links x **
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EGLD/USD on a weekly chart using a Fibonacci trend extensions on a logarithmic chart
We see a clear strong support trend line over the last year, recently EGLD has kicked off due to potential gains on its Yield farming using MAIAR app, harvesting MEX which is going to be the coin for its exchange platform has seen a huge rise and fall in prices of Elrond recently and also some due to btc movements
Let's see if this can hold into 2022 and reach that $1k+ level at some point
thanks for reading
EGLD TA - bullish scenario 4h UPDATEPlease go to my related Ideas link from the former TA for further informations.
Disclaimer: DYOR. No financial advice. Just for your impression.
EGLD - (for long-term)Good for long-term , I have it , in 1D time you can see that it is in ascending channel , but in short-term it had price correction , i'm not worry about it , the yellow box is good support area .
ANOTHER FOR EGLD Man I mean I look at the chart there's no way to be more bullish :)
NO FA just my opinion but many people may start talk about this one!
EGLD - I see the bottomI see 400 as a botton for egld,
it really depends on the volume!! if it goes up as last weeks it's gonna explode again
said before! 1000 easily reachable
UNDERVALUED AF, and this is NOT A FA
Time to enter Elrond: Egld#Elrond is one of those you must not miss.
#egldusdt chart is extremely bullish, and I have marked some midterm tps on the chart. #dyor
But the question is when should you buy this one?
I personally place a buy order at $287 - $292.
However, based on the market mood, we might see lower dips, so I place another buy order at somewhere between $263 - $271.
Don't forget money management. Do not risk more than you can afford to lose.
Good luck.
EGLD-USDT (+40% mapped)Entry: $420 - $430
DCA Rebuy: $390
TP1: $460
TP2: $510
TP3: $600
Extension: +$800
HnS to Golden PocketHnS pattern breaking down. Very large target but listing it for reference. PT has confluence with golden pocket from Fib retracement from lowest bottom to top.
Green boxes should be support areas before PT.
PT = $324
Stop $467
BREAKING ABOVE THE CHANNEL??From this view this is a really rare move and can explode EGLD to the real moon
no financial advice
just look at my chart and my last analysis on egld!!
ELROND IN A BIG CHANNELDue to the Maiar news and Mex I can see EGLD easily reaches the top of the channel which is in a red box
I want to see it break above channel and go for top10! But Technical analyses doesn't say that!!
Also There are many people in the community Swapping their MEX to more EGLD!!
EGLD BETTER THAN GOLDas you can see the red box is easily reachable but I can see $egld going more, I can even point at 1000$!!
It's really undervalued, should be in Top10 soon
Many news and updates gonna come out
