$EGLD/USDT 12h (Binance Futures) Parabolic curve on support
Elrond eGold is retracing down but I believe uptrend could resume soon.
Let's try to catch the next big dip if we are lucky enough!
Current Price= 132.204
Buy Entry= 110.013 - 97.005
Take Profit= 159.521 | 219.800 | 311.178
Stop Loss= 75.154
Risk/Reward= 1:1.98 | 1:4.1 | 1:7.32
Expected Profit= +54.11% | +112.35% | +200.63%
Possible Loss= -27.39%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 1440h
Let's try to catch the next big dip if we are lucky enough!
Current Price= 132.204
Buy Entry= 110.013 - 97.005
Take Profit= 159.521 | 219.800 | 311.178
Stop Loss= 75.154
Risk/Reward= 1:1.98 | 1:4.1 | 1:7.32
Expected Profit= +54.11% | +112.35% | +200.63%
Possible Loss= -27.39%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 1440h
Note
⏺EEGLD/USDT 8h (Binance Futures) Bullish flag breakout [LONG]My last call for Elrond eGold was too optimistic, entry did not get filled.
And now it seems to be breaking bullish again so I adjusted the set-up!
Current Price= 160.986
Buy Entry= 147.451 - 134.443
Take Profit= 192.930 | 253.580 | 334.970
Stop Loss= 106.176
Risk/Reward= 1:1.5 | 1:3.24 | 1:5.58
Expected Profit= +36.88% | +79.91% | +137.66%
Possible Loss= -24.67%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 1440 hours
Trade active
Entries filledTrade closed: target reached
TP1 reached with +54.11% (1x) and 1.98R
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.