EGLD Elrond to 786$ in Wave 3 why?

15 thg 2, 2021

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 !

16 thg 2, 2021

Giao dịch đang hoạt động

I expect from this pattern a target of 117$. This will create our small wave 2.

16 thg 2, 2021

Ghi chú

1st we might back up to 145$ and fall around 117$

16 thg 2, 2021

Ghi chú

possible scenario on logarithmic

16 thg 2, 2021

Ghi chú

big fight this is another scenario..

17 thg 2, 2021

Ghi chú

Rectangle Pattern which should give a target of 123.77$ and more..

17 thg 2, 2021

Ghi chú

We just hit the Golden Fib ! a 126.44$..

17 thg 2, 2021

Ghi chú

We can now see a huge falling wedge. A break out will bring us at least on the 0.618$ take a look