Elrond EGLD Bearish Sentiment

Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.

EGLD/USDT short
Entry Range: $47 - 49
Price Target 1: $42
Price Target 2: $39
Price Target 3: $30
Stop Loss: $56
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