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CryptoPummel
Mar 24, 2023 10:06 PM

EGLDBTC: Re-accumulation or Distribution? 

EGLD / BitcoinBitfinex

Description

I have been looking at patterns for re-accumulation for a while for EGLDUSDT, but it is actually when looking at EGLDBTC when it could really fit with the traditional patterns. As we know, both wyckoff patterns are exactly similar at the beginning, and it is difficult to find out which one could be playing out, if any.

It is difficult to imagine that EGLD goes as far as to overcome previous top, right? But we all thought the same when it did the previous top :) The number of features that MULTIVERSX has created recently is impressive, and it really depends on the discussion that is happening today of having or not an ALTCOIN SEASON coming soon or not.

What do you think?
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