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 USDTEGLDUSDT.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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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.