EGLDBTC trade ideas
Another oneDid you miss us, wolves?🔥
There is a great formation only for you!
Descending Triangle on EGLD/BTC crypto pair.
However do not rush the trade and wait for the clear signal.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
Follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
Projection of EGLD/BTC for the short-mid term Elrond has been gathering strength - the bull flag formation is almost coming to an end.
Current price: 0.0031 BTC
Target price: 0.0053 BTC
— 75% gains on the trade
This is the first thing I ever post, I try to keep TA simple. But I believe this one should make sense 🪐
BUY to EGLD / Bitcoin on Breakout 120Hey traders, how are you feeling this weekend there is formation for you in the crypto market. EGLD / USDT is in a symmetrical triangle which is about to break out following the breakout of resistance. But strong potential of a bear market not to be excluded. The coin can start to rise sharply in the movement (A, B) for (C, D). The divergences on the MACD and RSI indicators which confirm the movement of a bullish pursuit, we must wait longer for the leak! To access the key resistance area. Enter optimal on the break of it on the position in the break before checking the new support. In order to reach a price threshold previously quit.
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Some possible EGLD scenario'sAs an investor/trader, i always try to anticipate the good/best AND the bad/worst case scenario's.
Stay prepared and be smart and patiently. EGLD tech is a clear winner, no doubt about it.
Led by a TOP MOTIVATED team. But price isn't always reflecting that.
People will be FOMOing in this beauty when its too late, and then blame MANIPULATION :D
Don't be late !
EGLD | Getting Ready for Another Bullish Wave..!!#EGLD (update)
Consolidating in Triangle from last 2 Months & Now, Almost Ready to Leave the Station But Bulls need Volume for Upside Breakout.
In Case of Upside Breakout, Expecting +90-120% Bullish Wave in Midterm (2-6 weeks) so Keep Your Eyes on it.
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Elrond (EGLD) formed Gartley pattern for upto 205% profit rallyHi dear patrons, hope you are well and welcome to the new update on Elrond (EGLD) coin with Bitcoin pair.
On the weekly time period chart, after the completion of the Shark pattern, the price action of the Elrond coin has completed the formation of another bullish harmonic Gartley pattern.
This trade has a big profit possibility up to 205% and the loss possibility is 36%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
EGLDBTC Long ThesisEGLDBTC Long Thesis -
Retesting 2100 Support Level - Check Weekly time frame High Close from Jul/Aug 2020.
61.8% Fib Retracement from previous bullish impulse move.
Rising Wedge / Pennant formation (Price Squeeze).
Bullish uptrend (Higher Lows and Trend Line ).
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Good luck, and always maintain your risk management!