#EGLD/USDT 1D (ByBit) Falling wedge breakout and retest

MultiversX (f.k.a. Elrond eGold) seems to have found bottom with a morning star then regained 20EMA support, looks ready for recovery.

⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.3X)
Amount: 5.0%

Current Price:
26.35

Entry Targets:
1) 24.95

Take-Profit Targets:
1) 30.95

Stop Targets:
1) 21.95

Published By: @TradingOn

$CRYPTOCAP:EGLD EGLDUSDT.P #MultiversX #Elrond #eGold

Risk/Reward= 1:2.0
Expected Profit= +79.4%
Possible Loss= -39.7%

Trade active:

ByBit USDT
EGLDUSDT.P All entry targets achieved
Average Entry Price: 24.95 💵

EGLD leg-up nicely but got rejected with a shooting star then lost 20EMA support, let's hope it regains it soon enough.

Trade closed: target reached:

ByBit USDT
EGLDUSDT.P All take-profit targets achieved 😎
Profit: 79.3587% 📈
Period: 1 Months 12 Days 1 Hours 28 Minutes ⏰

$EGLD finally found the bottom and regained 100EMA, reaching our target a few days after!