EGLD, a coin that went under your nose.

7. Feb. 2021

William Delbert Gann has said: "The future will be a repetition of the past", a quote that is in direct contradiction to the famous repeated phrase "Past performance is no guarantee of future results". Every serious trader has his own mindset and personality. Following the Myers–Briggs Type Indicator a person is either a strong judging character or a strong prospecting one. Both have their advantages and disadvantages. It is obvious Gann was the latter. If we take a look at the breakouts downwards with EGLD, draw a trendline towards the top, flip them 90 degrees, we see that the market is reacting to them. Could it be so simple? It is a direct contradiction to what every seasoned trader would say in crypto."Extremely volatile and unpredictable! Whales have rigged the game! Pump and dump scheme! Everyone is a genius in a bull-market!" It is up for you decide what you believe in. I believe that, the more we know, the more we know what we don't know. But we can make well-informed guesses and see what sticks with our personality and our wallet. EGLD seems to stay here for the long run. I would not be surprised if the price hits 400+ usd in 5 years.