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.