Long

ERD/BTC 1h (Binance) Descending channel retest

Updated
FA: Elrond will be integrated with Swipe services so ERD will be spendable via Swipe Wallet and its associated Visa debit cards.

TA: Price broke-out that parallel channel and pulled-back, this could be a nice scalp opportunity for a bounce.

Current Price= 0.00000163
Buy Entry= 0.00000164 - 0.00000158
Take Profit= 0.00000172 | 0.00000178 | 0.00000188
Stop Loss= 0.00000150

Risk/Reward= 1:1 | 1:1.55 | 1:2.45
Expected Profit= +6.83% | +10.56% | +16.77%
Possible Loss= -6.83%

Fib. Retracement=0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 240h
Trade closed: target reached
TP1 in less than an hour, fastest +5.52% ever on Spot.
Took some profit here but I'll hold most part for higher targets!
Give me some likes in here guys and girls 🙏🏼
Trade closed: target reached
TP2 with +10.56%, enjoy!
snapshot
binanceelrondERDERDBTCFibonacciParallel ChannelSupport and Resistance

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