matejcimbalnik

TRIAGLE AND TRENDLINE BULLISH SIGNAL

matejcimbalnik Updated   
BINANCE:EGLDUSDT   EGLD / TetherUS
An almost perfect triangle is being formed along with bullish trendlines.

#1 SCENARIO
If we broke the level 202 USDT, we will be able to pump to 220 USDT and then to the previous consolidating level between 233 - 240 USDT.

#2 SCENARIO
We will follow the current bearish trendline up to the nearest massive support zone around level 180 USDT.

Any comments, thoughts, ideas are most welcomed to be shared!

Thank you for reading!
Trade active:
opening short position with RISK/RATIO: 2,5
TP: 186
SL: 196,5
Trade closed: target reached:
Position closed. Win 5,3%
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