[UPDATE EGLD] Consolidation confirmed until Aug until then PUMP.
If Bitcoin follows my scenarios, EGLD could start the pump again in AUG 2021.
Great opportunity to accumulate:
Technical analysis:
- Crashed 80% from the all-time high
- Re-tested the 1,61 Fib (great support)
- Tested the macro ascending channel (great support)
- Super trend indicator in line with the previous cycles (great support)
- Bullbear trend and stochastic RSI on the weekly are at the minimum levels.
Fundamental analysis:
- Drop of the Maiar exchange and Mex are imminent and will go online in July.
- Community is growing daily
- Team super professioal
- Great tokenomics
EGLD is behaving like a mini BTC. I guess we could have decreasing returns for the next pump.
Great opportunity to accumulate:
Technical analysis:
- Crashed 80% from the all-time high
- Re-tested the 1,61 Fib (great support)
- Tested the macro ascending channel (great support)
- Super trend indicator in line with the previous cycles (great support)
- Bullbear trend and stochastic RSI on the weekly are at the minimum levels.
Fundamental analysis:
- Drop of the Maiar exchange and Mex are imminent and will go online in July.
- Community is growing daily
- Team super professioal
- Great tokenomics
EGLD is behaving like a mini BTC. I guess we could have decreasing returns for the next pump.
Note
Exactly as predicted Note
Note
As predicted, once we go above 150$ --> smooth path for us (probably from the beginning of sept on) /3 weeks) Note
As predicted. If we turn the supertrend green we are flying Note
it's coming Note
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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.