#EGLDUSDT #1D (ByBit) Big falling wedge breakout
Updated
MultiversX (f.k.a. Elrond eGold) looks good for bullish continuation on daily after regaining 50MA support, road to 200MA resistance seems next.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.0%
Current Price:
35.91
Entry Targets:
1) 34.56
Take-Profit Targets:
1) 48.29
Stop Targets:
1) 27.68
Published By: @Zblaba
EGLD 
EGLDUSDT.P #1D #Elrond #eGold #MultiversX multiversx.com
Risk/Reward= 1:2.0
Expected Profit= +79.5%
Possible Loss= -39.8%
Estimated Gaintime= 1-2 months
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.0%
Current Price:
35.91
Entry Targets:
1) 34.56
Take-Profit Targets:
1) 48.29
Stop Targets:
1) 27.68
Published By: @Zblaba
EGLD EGLDUSDT.P #1D #Elrond #eGold #MultiversX multiversx.comRisk/Reward= 1:2.0
Expected Profit= +79.5%
Possible Loss= -39.8%
Estimated Gaintime= 1-2 months
Trade active
EGLDUSDT.P All entry targets achievedAverage Entry Price: 34.56 💵
EGLD successfully retested 50MA support and is bouncing back on it so far, good start.Trade closed: stop reached
ByBit USDT
EGLDUSDT.P Stop Target Hit ⛔️
Loss: 39.8148% 📉
EGLD did not bounce on 50MA support but lost it instead, it's trying to regain it now though.
Note
Weekly chart still looks good though, probably worth holding a Spot bag long-term:
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