#EGLDUSDT #1D (ByBit) Big falling wedge breakout

15 Jul 2024

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

16 Jul 2024

Trade aktif

EGLDUSDT.P All entry targets achieved
Average Entry Price: 34.56 💵

EGLD successfully retested 50MA support and is bouncing back on it so far, good start.

19 Sep 2024

Trading ditutup: stop tercapai

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.

24 Sep 2024

Catatan

Weekly chart still looks good though, probably worth holding a Spot bag long-term: