Inverted head and shoulders as an update to previous post. Defi 2.0 module coming late march / early April and now with an emphasis on the exploding NFT market. target marked, however we are at weekly resistance.
eGLD (Elrond) Finding support under resistance at the moment. Bullish once a breakout takes place and retests above black box. scenario void below $130. With the announcement of 30,000 Romanian vendors supporting eGLD and their DeFi 2.0 module due in April, I'm leaning towards bullish. MACD Cross over on the 12hr as well *not shown.
When I made my post of the original setup I said how it is fundamentally a strong project with a well respected team behind it, but damn I didn't expect this.
I can't lie I took all my profits at the 2.0, at $91 which I'm happy about as was still a big 40% profit.
Maybe now in this environment if a coin is fundamentally really bullish, like 1inch was, we keep...
Elrond a fundamentally brilliant DeFi with a great team behind it has only kept rising since its launch
Extremely low fees, insanse transaction speeds and capability with the addtions of decentralised finance and fintech its a good look
On the TA side, we have some form of bull flag/ trend-line being broke, once flipped new ATH's should be formed
As long as BTC...