EGLD/BTC falling wedge broke ? After some correction(between 0.68 0.7 fibo) finally EGLD broke downtrend in daily timeframe , can wait for close weekly candle and make long trade only for 500% profit , KEEP TWO EYES ON :)
ERDBTC
EGLD/USDT 8h (Binance Futures) Descending channel breakoutElrond eGold is surely looking juicy here, preparing for a big move up I believe after that pullback.
As long as 50MA is holding and supporting the price we are good to go up!
Current Price= 8.158
Buy Entry= 8.191 - 7.729
Take Profit= 8.953 | 9.906 | 10.96
Stop Loss= 6.967
Risk/Reward= 1:1 | 1:1.96 | 1:3.02
Expected Profit= +12.47% | +24.45% | +37.69%
Possible Loss= -12.47%
Fib. Retracement= 0.382 | 0.5 | 0.681
Margin Leverage= 1x
Estimated Gain-time= 480h
Symmetrical traingle on ERDHello, traders.
ERD is forming a bullish symmetrical triangle which is a bullish pattern, and we can be heading up to test the ATH and eventually break this resistance level.
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ERD: about to reach an ATH!?The falling wedge is broken. Also, EMAs have formed a bullish cross.
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Elrond: Super bullish (Up to 500% potential)This is my idea for Elrond over the next 2 months. I believe #ERD will reach .11 - .12
The swap to Elrond Gold #eGld happens in the beginning of September. So according to my prediction, we will see #eGld at $110 - $120 in October.
Not trading advise, just my dumb ideas.
~Master of Mullets
ERD/BTCBuy 155- 150
Sell : 190-235 -259
Midterm : 325-360-395
Long term : 450
Stop lose 1d close below : 130
elrond h&serd has had a decent pull back since it hit all time highs and now it looks to forming an inverse head and shoulders we should have a breakout @ 0.00000167 if you miss the breakout chances are we will re-test the breakout point then start the climb higher
Symmetrical traingle on ERDHello, traders.
ERD is forming a bullish symmetrical triangle which is a bullish pattern, and we can be heading up to test the ATH and eventually break this resistance level.
Push the like button and follow us on Tradingview.
ERDBTC - e-Waves e Falling WedgeERDBTC - e-Waves e Falling Wedge
The falling wedge integrates correction (ABC) tracked with Elliott Waves. The Breackout of the falling Wedge coincides with the simulation of the next Elliott wave (12345). A long forecast that seems more than feasible for Elrond also given the strong capitalization, the latest volumes and the work done by the support highlighted by point (C) of the correction (ABC). The STOCH chart seems to anticipate the onset of the price chart by forcefully exiting its Falling Wedge. The interest in the project is strong and the technology is excellent. In short, for me it is a good bull run coming up.
✳️Elrond [ERD/BTC] on Aug-16 #ERD $ERD #ERDBTCERD is in a downtrend but selling pressure is decreasing so we can expect a rebound of ERD with 230-240sts target over the next 4-5 days.
But if it falls out of the 170sts range, the ERD will have a sharp drop to 130-140sts, which is a reasonable buy zone where we could buy ERD back.
ERD/BTC (Decision time?)ERD/BTC
-Elrond unable to break the trendline resistance
-It is now in the critical area where a decision needs to happen
-If I will trade this kind of market scenario
-The safer approach is to wait for the breakout direction
-A break of trendline resistance will give Buy signal
-While a breakdown of support will lead to 135 potential next support
-Please be patient, and always use proper trade size management
#ERD It's time to sell ERD ERD/BTC After a massive about 2800% pump in 3 months ERD needs to cool down.
Bulls seems to be exhausted and they start to sell theirs ERD bags and book the profits.
TA:
ERD has broken the support and retest it as a resistance and seems to continue down.
On daily time frame we can see that it had formed inverted Head and shoulders pattern witch is a bearish sign.
Also it had printed regular bear divergences on RSI and on stochastic RSI
I will buy again this gem around 40 sats .
Watch closely ERD :)ERD keeps on ranging on this channel. We're reaching a breaking point.
Monitor it for the next hours.
Good luck! :)
ERD just reached a new ATH! Don't miss it.Right now ERD is retesting the resistance level and is about to close the day above it. If so, it will have a clear path to 300+ sats, in my opinion.
Note that the mainnet is very close and the CEO announced in the AMA on Friday that new economics & products are coming along with the mainnet launch.
Also, since today, the equivalent of ~$95 mil. in ERD is locked in the delegation smart contract and the withdrawals are closed until the mainnet. So, a huge potential selling pressure is gone for the moment.
ELROND breakoutThe price just broke out from a descending trend line after the release of the ONT partnership news. The 211 sats level would be the last resistance level and if we manage to surpass it this would be our last confirmation of a bullish breakout.
#ERDBTC Long another potential 30%ERD (ELROND) is ready for another ride!
After breakout and confirmation, we can see ERD gain over 30%.
Now we are nearing the end of the pennant and imo there can be two scenarios and we can profit from both. If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there.
Remember ERD is a huge GEM and a competitor to Ethereum so we can see huge potential for ERD especially on the coming Bull market that will be like anything we have seen before.
I am extremely bullish on ERD
and this is one of your long term HODL coins.
Short term traders can benefit too ! 30% is not bad at all.
IF this holds we can expect another Bull run by ERD.
ENTRY: CMP (193 Sats )
Targets:
204
211
255
SL: 168. Do DCA and buy in Dip
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Remeber this always
#Golden Rule
#BTC moons Alts Rekt
This is what I think.
Share your opinion guys!
Stay safe
#PEACE
$ERD ERDBTC ready to fly again$ERD has just broken out of the channel.
I expect a significant increase, most likely above the current ATH.
Maiar also opening up to the first wave of users today.
Watch closely!
ERD/BTCERD BTC - Bullish. I bought some, personally. More bullish because they partnered with BluZelle and binance backed IEO as well.
