CryptoPummel

EGLD: target 1250$ (0.886 FIB LEVEL)

Long
BINANCE:EGLDUSD   EGLD / US Dollar (calculated by TradingView)
In my previous idea about schiff pitchforks i estimated 1150$ using FIB retracements.

This idea uses FIB extensions in logarithmic fashion, as well as axis. In this way, no more 6.618 madness shows there.

I added 0.886 which represents the price level derived from the golden ratio (0.618 x 0.618=0.786, 0.786 x 0.786 = 0.886). You can see that was the target in the previous run... right?

Between 30 Nov and Feb 2022 is my bet.

Let me know what you think, now that MAIAR DEX is about to happen.