Description
⋅ Elrond eGold is retracing down but I believe uptrend could resume soon.
Let's try to catch the next big dip if we are lucky enough!
Current Price= 132.204
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
Comment
⋅ ⏺EGLD/USDT 8h (Binance Futures) Bullish flag breakout [LONG]
My last call for Elrond eGold was too optimistic, entry did not get filled.
And now it seems to be breaking bullish again so I adjusted the set-up!
Current Price= 160.986
Buy Entry= 147.451 - 134.443
Take Profit= 192.930 | 253.580 | 334.970
Stop Loss= 106.176
Risk/Reward= 1:1.5 | 1:3.24 | 1:5.58
Expected Profit= +36.88% | +79.91% | +137.66%
Possible Loss= -24.67%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 1440 hours
Trade active
⋅ Entries filled
Trade closed: target reached
⋅ TP1 reached with +54.11% (1x) and 1.98R