TradingView
ForecastCity_World
Jan 7, 2021 5:25 PM

💡Don't miss the great buy opportunity in EGLDBTC Long

BINANCE:EGLDBTC1D
EGLD / BitcoinBinance

Description

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Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EGLD/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.

Take Profits:
TP1= @ 0.001260
TP2= @ 0.001480
TP3= @ 0.001740
TP4= @ 0.002580
TP5= @ 0.002580
TP6= @ 0.002900

SL= Break below S2

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Trade well, ❤️
ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical Indicatorsegldbtcegldbitcoin
Comments
DenizKilicDeniz
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Very cool view, thanks for sharing
ForecastCity_World
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@DenizKilicDeniz, You're very welcome!
yusufipek1989
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Good analysis, Nice & clear.👍
ForecastCity_World
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@yusufipek1989, Thank you for your comment. We appreciate it
AR_kooshani
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Thanks for these ideas.They are very helpful
ForecastCity_World
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@AR_kooshani, Happy to help!
abel11
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my view
Sir_Ray
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it's mad but totally true 🔥
Kamryn
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I agree with your idea. I think targets are perfect. Good Choice. 👍
rompackan101
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yeah, we will se 100$ for minimum
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