$EGLD/USDT 1D (#Bybit) inverted Head & Shoulders breakout

2 mars 2023

MultiversX (f.k.a. Elrond eGold) is pulling back to iHnS neckline / 100EMA support, looks good for a bounce back and a bullish continuation.

⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.0%

Current Price:
45.95

Entry Zone:
45.95 - 43.39

Take-Profit Targets:
1) 51.75
2) 57.08
3) 62.41

Stop Targets:
1) 38.75

Published By: @Zblaba

EGLD #EGLDUSDT #MultiversX #Elrond #eGold

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.3% | +83.1% | +119.1%
Possible Loss= -39.7%
Estimated Gaintime= 2-3 months

7 mars 2023

Transaction en cours

All entries filled

MultiversX did not bounce where we expected (yet) but so far have found support on MA100.

11 mars 2023

Trade fermée: ordre d’arrêt atteint

🛑SL hit with -39.7% (3x) and -1R

MultiversX lost 100MA and fell lower, stopping us out. Then bounced on Fib 0.786 printing a reversal candle!

20 mars 2023

Note

Back above entry

MultiversX finally bounced and seems to be ready for previous targets, congrats if you held or bought the dip.