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Egldbtc

EGLD/USDT 8h (Binance Futures) Descending channel breakoutElrond eGold is surely looking juicy here, preparing for a big move up I believe after that pullback. As long as 50MA is holding and supporting the price we are good to go up! Current Price= 8.158 Buy Entry= 8.191 - 7.729 Take Profit= 8.953 | 9.906 | 10.96 Stop Loss= 6.967 Risk/Reward= 1:1 | 1:1.96 | 1:3.02 Expected Profit= +12.47% | +24.45% | +37.69% Possible Loss= -12.47% Fib. Retracement= 0.382 | 0.5 | 0.681 Margin Leverage= 1x Estimated Gain-time= 480h
Long
by TradingOn
EGLD/BTC (Testing Important Support)💎Technical Analysis Summary💎 BINANCE: EGLDBTC -EGLD is back from its previous minor consolidation last June 2020 -This is crucial, because if this level of support failed -The next potential support below is somewhere around 300s sat -That is quite a heavy downward move if it happens -The Altcoin market is too Bearish as of this moment -So buying at key support is still high-risk A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
EGLD/BTC (Awaiting Breakout Direction)💎Technical Analysis Summary💎 BINANCE: EGLDBTC -EGLD is on a strong downtrend -The price is currently trading in a ranging channel -It will either break to the upside or downside -So to protect your self from the wrong direction -Waiting for the breakout direction is the is the best option -If the market breaks to the upside above the channel box -That is good confirmation to enter a Buy position -Target is up to 900 sats or higher -But if the market breaks lower below the channel -That would be a good selling position A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
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