This projection is based on the past trajectory of EGLD moves.. of course if the world as we know it don't collapse.
The descending channels are very similar and so far the ascending channel too. We already had as SoW the rejection of the middle of the channel, bottoming and recover. Of course the end of the run (dates and values) are based on the slope angle and...
If is true that history doesn't repeat but sure rimes, take a look on thos channels. If we continue saling in this direction, i'm expectin something like this. First thing would be testing the middle of the new ascending channel as SOW, then rip.
