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Elrondusd

Elrond is picking up next target 178$Hi everyone. EGLD are now slowly climbing in Wave 3 and Bulls just took the hand on the Daily chart. Most common target for this Wave 3 are : -178.51$ / 161.8% fibonnaci -196.11$ / 200% fibonnaci might play ABCDE : -224.60$ / 261.8% fibonnaci -270.69$ / 361.8% fibonnaci Everything will depend on our timing with BTC. On what i see right now BTC can retrace from 55156$ to 51766$ or 57949$ to 53492$. After that retracement liquidity should be moved to Altcoins. Too early to figure out Wave 5 right now but my demonstration show a probable scenario for W5 if W3 is stopping at 224.60$. A realistic target would be 252.28$ if this scenario happen, a more bullish one will target 299$. I will give more details under, i will count smaller wave to have exact probable targets. The bullish scenario will be a W3 stopping at 270.69$. Thanks for liking this post and thanks for sharing your opinion or if you have any question let me know. Best to you !
ELong
by Crypto_Mercy
2
Elrond to 178$ next target EGOLDHi everyone, Bitcoin just found a new battle zone between 43k and 57k. A triangle can form during a new consolidation and accumulation phase. On the 4 hours the bulls took the hand and if they can take the hand on the daily this would be my confirmation. Same for Elrond.. Bulls are about to take control on the daily, they already did on the 4 hour chart. In this small Wave 3 161.8% would be my top target around 178$. If you have any question or comment let me know. You can join me on Youtube or on my website, thanks for supporting my work! Best to you ! Crypto Mercy
ELong
by Crypto_Mercy
6
Potential trend reversal on the Dollar can affect the EGold ?Hi everyone, As discussed yesterday in the email sent to my members there was this possibility of seeing the EGLD pull back slightly to lower the bottom of its wave 2. From now on through my analyzes I will include a follow up on the S&P 500 (SPX) and the Nasdaq and the DXY ( USD) because several correlations exist between these indices. I didn't like the recent tweet of Elon Musk saying "nobody is enough stupid to buy the dollar)... market makers were waiting for that one.... Elon should focus a little more on produce it's own cars in time. S&P 500 (SPX) - Dollar (DXY) and Nasdaq (IXIC) Right now we have some indications that the SPX is looking to pull back.. since the we had a spinning top on the daily close feb 16th. The DXY has already marked a double bottom on the weekly and monthly chart and currently seems to be tracing what could be wave 2 of a new streak of 5 impulsives. We gonna have to watch the dollar.. if the dollar is reversing, Bitcoin will make a pullback. SPX : A spinning top candle closed on the daily chart Feb 16th.. we are on a correction (pullback). No indications for now that we are reversing yet. Nasdaq : No real indications that the market will pull back significantly for now. Seems to be a normal (small pullback) DXY : Still in a corrective phase, but we mark a double bottom on the W chart and the M chart. The USD is creating a W2 on what it could be a new 5 impulsive waves. Current situation on the EGold: Market makers put the EGLD under the MA21, the question is, is it temporary? I will have to go a little deeper today, this DXY double bottom of the dollar is definitely something we need to focus on and I will analyze this more in detail today.
E
by Crypto_Mercy
5
Weekly close, a good signs for ElrondBased on the last weekly close and the Takuri candle signals are looking pretty good for Elrond. We have a double bottom accompanied by a takuri with a closing of the body slightly higher than the last one. Also i really like we took our time on this one, Elrond is showing healthy signs by waiting for it's own Daily MA 21 (dynamic support) is now at 135.52$ which is pretty awesome... this is a pretty good news for the Hodlers or the Stackers. Also keep in mind that Elrond Team is coming with Maiar stacking DEFI, Decentralized Exchange, DEFI 2.0 module and name service. Iuga Mihai also published on twitter yesterday and wrote : Years of creative effort are about to come live on the Elrond Mainnet in just a few short week. Smart contracts, stacking, DEFI 2.0m ESDTs and NFTs will soon become accessible to a large group of people. Hypergrowth DAY 47 Here are some Take Profits: -TP1 ZONE = 173$ - 176$ -TP2 ZONE = 202$ - 209$ -TP3 ZONE = 242$ - 261 -TP4 ZONE= 274 - 279$ -TP5 ZONE = 304 - 315$ -TP6 ZONE = 344$ - 374$ Resistance to beat now : 145$ -10H MA21 148$ - 12H MA21 149$ - 4H MA100 151$- 2D MA9 155$- 3H MA100 If you want me to post update, leave a comment and i really appreciate CHEERS, it's helping me a lot. Best to you and thank you!
ELong
by Crypto_Mercy
4
Potential breakout in preparation for ElrondHello everyone, potential breakout in preparation for Elrond, please take a look a my chart. The pole give me a potential Target og 197$.. if breakout occur my red line and the Gold line (fibonnaci Golden at 171$) 0.618% would be 2 great zone to take profit. Bullish scenario in preparation? We have a huge Spinning top in formation on the daily.. if it close like this in 48 minutes this will be our reversal confirmation to the upside.. i will post this candle (spinning top) under. Have a great night now.
ELong
by Crypto_Mercy
12
Elrond Important weekly candle close to comeHi everyone, One of my members was asking what are the signs of a reversal or a real confirmation that Elrond will go lower... or a real confirmation of trend change. If EGLD close like this in 4 days on the weekly chart, this will be a real confirmation of trend change. Currently this formation is showing no new high, a double top, and a new low.. All those combinations will send a clear RED signal that the next Monthly close will create a bearish Shooting Star. What are we looking or expecting to have to say that this was a positive weekly for Elrond? 1- A close of EGLD at 140$ will confirm a double bottom which is good. 2- If EGLD is making a new high. What happen if we have a bearish close with a double top.. or no new high... Without a doubt i will take my profits and wait to buy lower aroud 85$ or 45$ Best to you!
E
by Crypto_Mercy
5
EGLD Elrond to 786$ in Wave 3 why?I know you think this is a joke, but who tought Bitcoin will had been to 1175$ in 2013$ and 234 days before the Bitcoin price was 269.20$. Just take a quick look at what happen to Bitcoin in 2013.. EGLD and BTC are very similar. Yeah i know the EGLDUSD can retrace lower on Wave 2 but the Golden Fib is a strong retracement...and we touch it with a very strong support yesterday night. We ain't seen nothing with Elrond yet with Elrond and this is just the beginning. Let's pretend wave 2 is over and that our retracement yesterday was the bottom of W2.. (which is possible technically) this scenario will be a pretty realistic one for the next 5 impulsives. My 2 top targets will be 596.51$ and 786.424$. For sure it's too early to predict wave 4 and 5 but what iam showing what would be the most probable retracement zone in green. Thanks for watching, and if you have any questions or comment it will be a pleasure to respond. Best to you !
ELong
by Crypto_Mercy
26
EGLD inside an ascending triangle Hi everyone, my members received an alert yesterday before the bearish candle close happen (Weekly Shooting Star), also i gave them all the fibonnaci buying entries... i received a lot of message ...like Wow you nailed it, Damn you are my god.. how did you knew? There is many factors in this industry that you can combine and consider like BTC dominance reversal, RSI, MA's, Candle close and more. Happy to see that a lot of people were able to accumulate yesterday night, it was just spectacular... and the price fall right on the Golden Fib. For now it look like short term that we might go around 168$ with this ascending triangle. Best to you ! Visit my website brand new website and don't hesitate to send me comments or things that i should offert to help you Nail all this :-) Cheers!
ELong
by Crypto_Mercy
Potential Bullflag for Elrond EGLD to 264$EGLD is printing a Bull Flag right now, the question is ... is it a fakeout? We have to keep in mind that Bulls are still in control on the daily, Weekly, Monthly etc... Potential targets of this bullflag is 263-264$ and can push to 271$.. even 277$. Let's see how this play out. To breakout we need to go over all those resistances -4 hour chart MA21 at 176.75$ -6 hour chart MA21 at 176.80$ -12 hour chart MA9 at 177.566$. -2 hour chart MA50 at 179.89$ -0.236 fibonnaci at 176.553$ Keep in mind that this bull flag can turn in a triangle, if you want to try the swing.. get in after a confirmation over 180-181$... let them go over first.. and buy the retest of 180$ 177$. Always play with good Risk Management... Another way to play it is to wait the confirmation over the last ATH at 217$, after 217$ will be confirmed new support your good to 264$ (more than 20% gain). One thing to note is that.. if we don't go lower short term and want to go directly in W5... 272.367$ is the 261.8% fib... which would match with the destination of this bullflag. Best to you my friends. Let me know what you think and what you see.
ELong
by Crypto_Mercy
3
EGLD TradeThere is the possibility of making a trade on the break of the maximums of this analysis, the stop at -30 / -35% around $ 35 which given the quality of the movement in progress can bring an r / r higher than 1/3 , time to keep the trade open 1/2 months, because it is riskier than the others, I entered at $ 38, in case you can expect a small retracement to $ 49, but since we are buying strength here, it is worth staying up that and do not go to buy weakness in the downside .... If you liked this analysis, help me to improve them more and more, donate here: erd1q6vh7azj68p4udsmqzc4ej7dm6du6hh6zgp048rs9mp490wqjk9s2rxl3k
Long
by Melupira89
1