Elrondbtc
ELROND RETRACING AND SHOOTINGElrond's on the move.
Looking for a retrace at the 50% fibonacci retracement level. 4H CHART.
ERDBTC Current channel viewMy short term view for the coming days of ERDBTC.
Post your view of Elrond below!
ERDBTC - Mainnet launch comming decemberMainnet launch coming in December, besides that Elrond is a very promising project for 2020.
This is a short term view, long term i am very positive and could see it becoming a very big player coming years!
Great partners, great team and a one of a kind blockchain technology, let me know what you think below!
ERD there were no pumps.Low fame coin Channel 85% Triangle +49% Elrond (ERD) is an altcoin that has not yet had large pumps. The project is several months old. Little fame. The price is in a horizontal channel of 3.5 months with a price step of 85%.
Now a symmetrical triangle has formed in the middle of the channel, the price is clamped, the denouement is coming soon.
If a triangle breaks up. That is the potential of the triangle to its widest part + 49%. It will also mean a breakthrough of the accumulation channel. If this happens and the price consolidates above the accumulation channel, a trend reversal may occur.
If the triangle breaks down, we trade inside the accumulation channel from the trend lines of the channel. The potential for trading in the channel is 85%.
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1 entry option.
We trade the goals of the triangle. Entrance on the breakthrough of the triangle or on the rollback after the breakthrough, depending on your strategy. Potential from + 49% Also, if the price manages to consolidate above the accumulation channel, then the potential is all the goals that I indicated on the chart above the accumulation channel.
2 entry option.
We trade targets above the accumulation channel. Entrance on a breakthrough or on a rollback after breaking through the upper boundary of the horizontal channel. The profit potential is all goals above the accumulation channel.
3 entry option.
Trading in the accumulation channel. This is an option if the triangle is broken down. Entrance at the bottom of the horizontal channel, with confirmation of support. The potential to the upper boundary of the horizontal channel + 85%.
As a result, as you can see, with any outcome of the development of events you can earn. The main thing is to choose the right entry point. With great profit potential and minimal risk, or no risk at all.
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coinmarketcap.com
The coin is mainly traded on Binance, and there are pairs not only to BTC, but to usdt and BNB, which is a good sign. Note that there are only 4 exchanges. The main trading takes place on the Binance exchange. The coin is still little known.
Project Legend - A scalable value transfer protocol for the digital economy.
What can positively affect the price:
1) Binance Exchange.
2) Low fame coins.
3) There were no pumps.
4) The accumulation channel.
5) Now there is a triangle, soon the denouement.
6) Satoshny price of pump coins.
7) Good legend.
ERDBTC formed bullish Gartley | Upto 27% potential ideaElrond / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000023 to 0.00000022
Sell between: 0.00000025 to 0.00000028
Regards,
Atif Akbar (moon333)
ERD LONG$ERD
Looking strong, I think we'll see a move to the 26 sat level for +23%, which is where I'd fully exit position.
Elrond-ERD Is Looking Ready For A Bull Run.BINANCE:ERDBTC is looking much healthy for a Bull run.Apart from the indicator we must notice that Binance has announced supporting ERD Staking.
Indicators: RSI , Macd both are bullish . Market sentiment is also bullish. Falling Wedge Breakout is also completed
(Just not forget to watch Price Movement as BTC moves)
We are focusing on FIb levels. Consider them as your targets.
Buy Between 17 and 19.
Our First Target is 27 Sats.
For Day Trade you can Consider selling between 21, 24.
Happy Trading.
Please Comment Your ideas and thoughts.
ELR LONG$ELR
-Reclaimed range low as support, CCI showing strength
-First immediate target/resistance is R1, break past that and R2 is next/final
Elrond (Sept 16) #ERD $ERD #BTC $BTC #USDT $USDTBuy : Close to 16sts / 0.0017$ as possible
Sell : 20-22-24 / 0.002-0.0022-0.0024$
Mid-Hold : 25-30 / 0.0026-0.003$
Stop : 14 / 0.0015$
ERD entering in potential reversal zone |A good long opportunityPriceline of Elrond (ERD) / Bitcoin cryptocurrency is forming a shark pattern and soon it can be entered in potential reversal zone.
I have used below targets using fibonacci sequence:
Buy between: 0.00000021 to 0.00000019
Sell between: 0.00000023 to 0.00000028
Regards,
Atif Akbar (moon333)
ERD -Tea CoupERD Tea Coup slowly forming;
We have a new strong sup- see red line at 30 Sat;
MACD looks good in the 4H chart;
Strong buy orders coming maybe from MitMax list;
Could retest 29-28 sat area;
ERD/USDTIt is very possible I just have a bias for this sucker to take off. The double bottom pattern could be the clear sign of a reversal, or it could just mean my head is full of candy canes and unicorns...
Elrond/Bitcoin (Aug 12) #ERD $ERD #BTC $BTCWe can wait to accumulate ERD from 15-17sts. Because in this week, ERD can pump so strong. I will post a bullish signal if ERD hits our buyzone
Elrond/Bitcoin (July 18) #ERD $ERD #BTC $BTCLast signal for ERD gave us so much profit. And now, we will wait it at the zone 37-40sts and sell 45
Stoploss if price is lower than 35sts