Hello everyone ! Today the Black Cat Trader is analyzing Egold (EGLD) based on a weekly chart 📈 What we can see : - Prices got rejected by the 1.618 fib extension on the last ATH candle - Right now, prices are supported by the uptrend line (which acts as a strong support since October 2021), plus the intermediary lower line of the pitchfork. - On the...
Hello everybody According to our last analysis , all of buy zone activated and now we are ready to go up to reach our target and our zone But the important thing is in each zone becareful and if you see anything that show us the trend is becoming weak we should be ready to sell our egld but we try to update chart that time but if we forget to do this you have...
Good night everyone According to our last analysis , exactly the movement and our predict happen and now after we made new breakwave ,we need to recovery the power to go up more and more . Maybe because of the momentum the price want to go up and check the resistance zone and top of the breakwave again and then fall down EGLD is one of the most powerful...
Hello guys Whats up ? did you follow us and be patient to our team publish anay chart or not ? :D :D Everything is shown on chart is nothing to explain but i will tell you some point for taking position The price broke the upper trendline of the channel and had pullback to it and now we shown 2 target on chart , when the price can break and move up the first...
It's been a long six months since we updated our thoughts on the EGLDUSDT trading pair, but it's time, because in the previous idea worked out all target: Now we have EGLDUSD price at a crossroads, where to go next? We don't know the answer to this question either, we just have a few thoughts-assumptions that we will share: 1) Now EGLDUSDT has finally reached...
I still see Eagold negatively and look forward to a pullback before the explosion
Welcome back Traders, Investors, and Community! Hi Traders, EGLDBUSD has formed a Bullish Flag which is a sign of continuation. The flag pattern formed after the price broke above the major Resistance line with series of green candles. We need to wait for the price to get out of the flag. On the H1 we can see the price is going lower which seems to get a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (74.83). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDBUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (74.83). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EGLDBUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Elrond (EGLD) - An Internet Scale Blockchain Elrond is a cheap, efficient and scalable blockchain network that provides utility to both dApp developers and business resolutions. Resume An internet-scale blockchain, Elrond is fast, cheap, and efficient, designed to provide utility across the spectrum of use cases. The Elrond Network leverages Adaptive State...
Hi everyone, Mr Fibonnaci was a Italian and one of the most talented Western Mathematician of the Middle Ages.. Today is famous among pro traders for this sequence of Fibonacci numbers than simply drawing Fibonacci retracement and fibo extension levels.. If you want to truly harness the power of Fibonacci numbers, you should also consider using tool such as...
Hi guys, just want to share with you what i see right now for Elrond, a ABCDE contracting triangle, let me know what you think. The floor of the ABCDE is also the Floor of the huge Rising wedge ive been talking about on YTB.
Basically we made a high on parabolic run this became resistance and was deviated in a 'fake-out' ranging continued since and it closes thorugh the resistance it is likely to continue to pump af Could DCA here betting on continuation to range highs and then to targets if it breaks I haven't as BTC isn't out of the woods yet and it continues lower then this will too
Hello everyone, We are still in the Rising wedge inside another Rising Wedge and the price is going up and the Volume is decreasing afected by the compression. It can be interpreted has a bear Flag too. For me this is a Bull TRAP. The 0.85% is the Ultimate fib in a bearish Zig Zag which is 221.70$. The pole of the bear flag bring me to the Golden pocket and the...
The Rising Wedge has been confirmed April 18th for Elrond and volume is going down which is usually no a good sign.. The lower line of the wedge is support and the top red line is resistance inside the Wedge. As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising...
i still see this Cup& Handle pattern which can bring us to 335$ and pure correlation with 161.8% of fibonnaci. What to watch. -Daily MA21 at 193$ (resistance) -ema Ribbon on 4 hour (resistance) When to get in.. -Wait for a confirmation of the breakout over the trendline or if you want to buy earlier wait for a candle close over the daily MA21. Best to you,...
egld look powerful as soon hold the support @ 193$ can go higher , if breakdown can see strong support around 144$
New retracement had changed our of Wave 2 for elrond it's why iam making this update (line in red). Here are possible targets for this intermediate wave 3 (red line) if we don't go lower. Golden pocket has been hitted but always keep door open for a low W2. Yesterday was a BIG day today for the ElrondNetwork community with the release of Staking Phase 3. One step...