EGLD projection on a weekly time frame
EGLD / TetherUS BINANCE:EGLDUSDT
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 time from the posterior up run.. The wide of the channel can vary accordingly to the volume trade.
I wold be very happy if something like that plays out.
