Elrond
Long

ELROND current 1HR timeframe Bullish Head n Shoulders

https://www.tradingview.com/x/9j2PIdDz/

On the 1HR chart for Elrond, which I must point out is currently very thin volume, but I think this volume will pick up soon, you can see here on the 1HR that the H & S bullish pattern on 1HR price appears to be retracing & retesting the H & S setup zone near neckline.

Possible Trade Idea: Scale in with some Buy small orders just in case it winds back to $25 when I believe it will start to really move up again. But this H & S pattern on the 1HR may be the momentum upwards it needs.
1hrchartBullish PatternsChart PatternselrondheadnandshouldersTechnical IndicatorsTrend Analysis

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