Elrond vs Tether | Up To 70% Potential Mapped (Early 4U)Hello my fellow cryptocurrency trader, I wanted to share a few charts for you before going back to meditation.
We looked at EGLDBTC but also the Tether pair, EGLDUSDT, is showing growth potential.
We are looking at short-term potential and conservative targets but keep in mind that there can always be more than what is mapped on these charts.
Cryptocurrencies, Altcoins, grow wild and strong.
There is high volatility but being conservative you can't go wrong.
My job is to give you a great entry.
My job is to call your attention to these pairs BEFORE they breakout.
If you manage to buy before the action starts, the rest becomes easy... You can just sell on the way up.
Once in the green, you've won.
Buy early and hold... Let the market take care of the rest.
Thank you always for your continued support.
Namaste.
EGLDUSDT trade ideas
EGLD Retesting Range ResistanceAfter a series of narrow spread and a shakeout, EGLD is back in range and retesting resistance with demand predominance in the volume. This often indicates a sign of strength (SoS), and if the resistance can be flipped to support, we can expect the resumption of upward price action. Take it up to the 1.272 to the 1.618% Fibonacci zones if this happens and limit out. Invalidate under TRS (the prior range support) if it fails the retest.
*Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts & see the win rates for yourself, then come join us!
**Not financial advice. Always DYOR and trade at your own risk.
EGLD BUY SETUPHello, dear traders. how are you ? Today we have a setup to buy/long the EGLD symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EGLDUSDT | SETUPEGLD after hitting a top at 65 has been trading in downtrend, The price has approached to the strong horizontal support zone The bulls took control from support zone . The broken rising support now acts as resistance. The price has been trading in range. The price need to broke above the resistance.
Manage your trades accordingly.
EGLD: A1000x True reversal pointHello traders!
Welcome back to another episode with Analyst Aadil1000x.
A few hours ago my bearish expectation was wrong as the market pumped but this trade is completely different. This trade is derived using the A1000x True reversal point strategy.
This is the finest technical analyzing strategy ever built. Let's see how it performs now.
EGLD Sell Limit 43.59
Stoploss 44.31(-1.65%)
42.69, Target 1(+2%)
Final Target 41.84(+4%)
Fundamentalist analysis EGLDUSDTFundamentally, Elrond offers a mix of traditional finance and decentralized finance to its users and is therefore accessible to all. Financially surviving the FTX crash I believe EGLD is among the top 20 most promising coins on the market.
It's a whole defi ecosystem and developers can use the blockchain to develop Dapps and Egld, the native token, was created to rival bitcoin as a store of value.
The two core features that distinguish Elrond from other Tiers 1 are its adaptive state sharding and the Secure Proof of Stake (SPoS) consensus mechanism.
Elrond is a huge network and it continues to grow. The biggest project currently found on the network is Maiar. Maiar is a digital wallet and global payments app. Makes it easy to buy and transfer crypto from a mobile phone or Google Chrome extension.
Technically already, EGLDUSDT has been in a strong downtrend, its price has broken below major supports. Buyers need to stay in control to give bullish momentum from here.
EGLDUSDT | BULLS HOLD SUPPORTEGLDUSDT has been in a strong bearish trend .
The price has broken below major supports.
Now price has took support at strong horizontal zone.
The same zone is also double bottom zone.
The bulls need to hold this support zone.
We are expecting bulls will took control and price may go higher from here.
Manage your trades accordingly.