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Bixley

EGLDUSD - Heavily Correlated to Ethereum

EGLD (BINANCE:EGLDUSD)  
Bixley  
BINANCE:EGLDUSD   EGLD
Technical Indicators EGLD egldusdt egldusd Ethereum (Cryptocurrency) egldusdtlong
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indicator egld egldusdt egldusd ethereum egldusdtlong
Many similarities are drawn in both charts
A large up channel, that so far hasn't broken
Two bottoms along this channel
Top points in relatively similar positions on both charts
A flat 200MA

This could be a sign that coins like EGLD are less correlated to BTC but more to ETH
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