Elrond EGLD upside potential for Wave 3 at 151.94$

Elrond is without a doubt on the rise and for good reasons.
The new Egold a top prospect in the crypto world. Maiar wallet is coming soon and
Elrond and Binance Smart Chain Integration will enable Strategic DeFi Interoperability.
Thus, Elrond can process upwards of 15,000 transactions per second ( TPS ), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

Here a some technical key aspects to be bullish on Elrond :

-Current Supply : only 16 768 545 EGLD
-Total Supply will be : 21 074 792 EGLD
-Total Delegated stacking : 7 millions EGLD for 340 millions dollars
-Total Validators stacking : 6.2 millions EGLD for 300 millions dollars

Elliott Wave Analysis.

Potential Main Wave 3 fibonnaci targets
-71.52$ (161.8%)
-111.73$ (261.8%)
-151.77$ (361.8%)

Current support on D for EGLD
-EMA Ribbon between 38$ and 30$
-MA21 at 38.21$
-MA7+9 at 40 .81$ and 41.45$

I will post many follow up on Elrond every week, stay tuned!
If you appreciating this analysis you can make a donation by clicking the link under.
Leave a comment, or ask a question.. i'll do my best to answer you.
Best to you !

การซื้อขายยังคงดำเนินอยู่:

Current triangle can bring is at 63$
www.tradingview.com/chart/hhcz27Nj/

ความคิดเห็น:

63$ was right on ...eh near.. 62$. Let see now where we might go.

ความคิดเห็น:

RIGHT ON TARKET 74$ !!

การซื้อขายยังคงดำเนินอยู่:

Here is an update guys ! You can use this link i will update this chart . Daily close was bullish with a long legged (hammer)... but.. but.. we are on at the top of the logarithmic channel with resistance. Maiar is going out tomorrow, Buy the rumors sell the news ? KDJ does't look good.. we might get a bearish cross tomorrow. Best to you

ความคิดเห็น:

On the 4hr chart we have a zoom in on what is happening. We had a KDJ bearish cross.. and no sign yet that we a ready to go up again to break the roof. For now the candle in fomation look more like a gravestone which is no good. It look like the bears want to bring EGLD lower...

ความคิดเห็น:

On the 5D which will close in 4days.. we have a bearish gravestone in formation.. but we need to wait for the confirmation in 4 days.

ความคิดเห็น:

Here a some most probable target for the C wave in green !

ความคิดเห็น:

Inverted hammer on the ELGD/USDT. Does not look pretty !

ความคิดเห็น:

On the 6 hours we had a double top and still no sign of reversal yet.

ความคิดเห็น:

Great target is 45.25$

ความคิดเห็น:

This pattern is something to watch short term with the compression of the EMA Ribbon..

ความคิดเห็น:

ความคิดเห็น:

ความคิดเห็น:

ความคิดเห็น:

Falling wedge

ความคิดเห็น:

การซื้อขายยังคงดำเนินอยู่:

Juste make it through 161.8% over 71.42$ RSI is very high at 91.18 on the D chart.

ความคิดเห็น:

and the D candle had not closed yet over the fib. Stay vigilent !

การซื้อขายยังคงดำเนินอยู่:

Possible Rising wedge www.tradingview.com/chart/j5XVMS0V/

ความคิดเห็น:

ความคิดเห็น:

Compressed version

ความคิดเห็น:

If the wedge want to play cos the RSI is very high, here are some hypothetic targets
www.tradingview.com/chart/j5XVMS0V/

ความคิดเห็น:

Let see

ความคิดเห็น:

falling wedge change his own shape

ความคิดเห็น:

upside potential targets

การซื้อขายยังคงดำเนินอยู่:

Road to 111.. breakout out of the main channel !

การซื้อขายยังคงดำเนินอยู่:

Fib 200% auroudn 86.50$

ความคิดเห็น:

if you like my update thanks for donating CHEER

ความคิดเห็น:

ความคิดเห็น:

some targets for Wave C

ความคิดเห็น:

ความคิดเห็น:

การซื้อขายยังคงดำเนินอยู่:

147$ today damn !

ความคิดเห็น:

4 entry points for W5 if this was the W4 top at 185$

ความคิดเห็น: