ERD parabolic uptrend
Updated
ERD is forming a parabolic curve pattern that is used to define fast-moving trend acceleration. The price just formed its 4th phase of consolidation. So, after surpassing the previous high of $0.0065$, the price is expected to move fast to the next target, which lies near the psychological price level of 1 cent.
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.