Entry on the retest of 20ema on 15minute timeframe.
Reason:
-One of the few coins to pump while the rest of the market doesnt have the same strength.
-No big news or rumors specifically for EGLD.
-Group of coins pumping or breaking longterm resistances over the past few days - which requires a retest.
-High Volume candles and late buyers getting trapped - price needs to retrace a bit before continuation.
Reason:
-One of the few coins to pump while the rest of the market doesnt have the same strength.
-No big news or rumors specifically for EGLD.
-Group of coins pumping or breaking longterm resistances over the past few days - which requires a retest.
-High Volume candles and late buyers getting trapped - price needs to retrace a bit before continuation.
Comment:
Stop Above the daily high. 20X Lev with small collateral due to late entry.
Comment:
First TP hit, price finding support at 38%.
Comment:
+65% 20xLev up to the 0.38FIB //25% of profit taken.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
