EGLD Elrond to 786$ in Wave 3 why?I know you think this is a joke, but who tought Bitcoin will had been to 1175$ in 2013$ and 234 days before the Bitcoin price was 269.20$.
Just take a quick look at what happen to Bitcoin in 2013.. EGLD and BTC are very similar.
Yeah i know the EGLDUSD can retrace lower on Wave 2 but the Golden Fib is a strong retracement...and we touch
it with a very strong support yesterday night. We ain't seen nothing with Elrond yet with Elrond and this is just the beginning.
Let's pretend wave 2 is over and that our retracement yesterday was the bottom of W2.. (which is possible technically) this scenario will be a pretty realistic one for the next 5 impulsives. My 2 top targets will be 596.51$ and 786.424$. For sure it's too early to predict wave 4 and 5 but what iam showing what would be the most probable retracement zone in green. Thanks for watching, and if you have any questions or comment it will be a pleasure to respond. Best to you !
