$EGLD/USDT 12h (Binance Futures) Ascending trendline on support
Updated
Another valuable lesson from Elrond eGold: always stick to the plan!
Current Price= 124.511
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
Current Price= 124.511
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
Trade closed: target reached
TP1 reached with +54.11% (1x) and 1.98RElrond finally went for the first target and looks like it could keep going!
Trade closed: target reached
TP2 reached with +112.35% (1x) and +4.1RElrond took more time than expected but went for a new ATH anyway after retesting 100EMA.
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