TradingOn

$EGLD/BTC 1D (Binance Spot) Big descending channel breakout

Long
BINANCE:EGLDBTC   EGLD / Bitcoin
Elrond eGold broke bullish and is getting ready for next big move up I believe!

Current Price= 0.000746
Buy Entry= 0.000741 - 0.000671
Take Profit= 0.000894 | 0.001126 | 0.001414
Stop Loss= 0.000581

Risk/Reward= 1:1.5 | 1:3.36 | 1:5.66
Expected Profit= +26.45% | +59.47% | +100.25%
Possible Loss= -17.68%

Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 900h

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.