Just looking at the decline of Waves in the 2018 crash. A similar (very roughly) type of project to EGLD in ranking. Crashed from $16 to $0.98 with later lows in 2019 of $0.53... Applying those same drops to EGLD you're looking at an EGLD bottom of $33 short term with a longer term extended bear market of $17-18...
iam closing my short at 38
First 38$ then 21$
Just looking at the decline of Waves in the 2018 crash. A similar (very roughly) type of project to EGLD in ranking. Crashed from $16 to $0.98 with later lows in 2019 of $0.53... Applying those same drops to EGLD you're looking at an EGLD bottom of $33 short term with a longer term extended bear market of $17-18...