After reaching more than 540USD egld has received a strong correction from the markets at 270 USD with a decrease of 50%. While all leverages have been liquidated and regarding the high potential of EGLD with its 21M of current supply, more speed and lower fees by ETH, I believe that it is now time for me to re-enter the market.
When the greed and fear is on extreme fear past history has shown that lot of people were wrong.
By the way it is NOT a reckon to buy just my own analysis.
On the otherside EGLD has for me the potential as bitcoin as its beginning. do your own researches.
On technical side seems we have a reversal pattern that is bullish
Future will tell soon 😉
After reaching more than 540USD
egld has received a strong correction from the markets at 270 USD with a decrease of 50%. While all leverages have been liquidated and regarding the high potential of
EGLD with its 21M of current supply, more speed and lower fees by ETH, I believe that it is now time for me to re-enter the market.
When the greed and fear is on extreme fear past history has shown that lot of people were wrong.
By the way it is NOT a reckon to buy just my own analysis.
On the otherside
EGLD has for me the potential as
bitcoin as its beginning. do your own researches.
On technical side seems we have a reversal pattern that is
bullish
Future will tell soon 😉
