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$EGLD/USDT 8h (Binance Futures) Bullish flag breakout
EGLD / TetherUS PERPETUAL CONTRACT
Long
$EGLD/USDT 8h (Binance Futures) Bullish flag breakout
By TradingOn
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Feb 18, 2021
1
Feb 18, 2021
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
EGLD
Trend Analysis
TradingOn
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