gautuwuu

Elrond (Low risk Long)

BINANCE:EGLDUSDT   EGLD / TetherUS
EGLD Looks oversold in the daily timeframe. Down to the 4 Hourly timeframe, We can see a clear downtrend line. Breakout can lead to 299 and may go even higher. Overall, Elrond looks not bad to open a small long position here with low risk.

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.