Elrond (Low risk Long)

EGLD Looks oversold in the daily timeframe. Down to the 4 Hourly timeframe, We can see a clear downtrend line. Breakout can lead to 299 and may go even higher. Overall, Elrond looks not bad to open a small long position here with low risk.
EGLDegldbtcEGLDBUSDEGLDEURegldusdegldusdtegldusdtlongelrondSupport and ResistanceTrend LinesTriangle

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