elrond h&serd has had a decent pull back since it hit all time highs and now it looks to forming an inverse head and shoulders we should have a breakout @ 0.00000167 if you miss the breakout chances are we will re-test the breakout point then start the climb higher
ERD
Symmetrical traingle on ERDHello, traders.
ERD is forming a bullish symmetrical triangle which is a bullish pattern, and we can be heading up to test the ATH and eventually break this resistance level.
Push the like button and follow us on Tradingview.
ATS vs ERD/USDTjust a great trade👍
Script settings for 1D timeframe:
· Signal calculation type - "high"
ERD correction of the FallingERD / BTC
Buy: 0.00000162 - 0.00000158 BTC
Stop Loss: 0.00000146 BTC
Targets: 0.00000181 - 0.00000201 - 0.00000219
The project has been actively growing in the last 3 months. For many indicators, there has been significant unloading. Now the ERD price is testing the upper border of the descending triangle. Additionally, the project yesterday announced the integration of new DeFi oracles built on their platform.
ERDUSDT is forming strong uptrendEDRUSDT is finished corrective trend and it will start dominant wave
✳️Elrond [ERD/BTC] on Aug-16 #ERD $ERD #ERDBTCERD is in a downtrend but selling pressure is decreasing so we can expect a rebound of ERD with 230-240sts target over the next 4-5 days.
But if it falls out of the 170sts range, the ERD will have a sharp drop to 130-140sts, which is a reasonable buy zone where we could buy ERD back.
ERDUSDT | Elrond | Closing in on the Triangle FormationThe coin has so far given immense profits and is more likely to do so with the managements ongoing engagement on the adoption of Elrond Network. The coin is imminent to break above current price and the sky is the limit once it does as there is no resistance to stop the price once it crosses the all-time high.
Thank you for reading, hope you have a good day!!
#ERD It's time to sell ERD ERD/BTC After a massive about 2800% pump in 3 months ERD needs to cool down.
Bulls seems to be exhausted and they start to sell theirs ERD bags and book the profits.
TA:
ERD has broken the support and retest it as a resistance and seems to continue down.
On daily time frame we can see that it had formed inverted Head and shoulders pattern witch is a bearish sign.
Also it had printed regular bear divergences on RSI and on stochastic RSI
I will buy again this gem around 40 sats .
Watch closely ERD :)ERD keeps on ranging on this channel. We're reaching a breaking point.
Monitor it for the next hours.
Good luck! :)
ERD just reached a new ATH! Don't miss it.Right now ERD is retesting the resistance level and is about to close the day above it. If so, it will have a clear path to 300+ sats, in my opinion.
Note that the mainnet is very close and the CEO announced in the AMA on Friday that new economics & products are coming along with the mainnet launch.
Also, since today, the equivalent of ~$95 mil. in ERD is locked in the delegation smart contract and the withdrawals are closed until the mainnet. So, a huge potential selling pressure is gone for the moment.
ELROND breakoutThe price just broke out from a descending trend line after the release of the ONT partnership news. The 211 sats level would be the last resistance level and if we manage to surpass it this would be our last confirmation of a bullish breakout.
$ERD ERDBTC ready to fly again$ERD has just broken out of the channel.
I expect a significant increase, most likely above the current ATH.
Maiar also opening up to the first wave of users today.
Watch closely!
ERD/BTCERD BTC - Bullish. I bought some, personally. More bullish because they partnered with BluZelle and binance backed IEO as well.
$ERD, Showing Sell signal on the daily chart after 104days$ERD
Showing Sell signal on the daily chart after 104days (1171%)
Take it or leave it.
#ERD
Bearish Accumulation on ERDHello, traders.
ERD is forming a Bearish Accumulation pattern called a Bear flag.
A bear flag pattern is constructed by a descending trend or bearish trend, followed by a pause in the trend line or consolidation zone. The strong down move is also called the flagpole while the consolidation is also known as the flag.
The bear flag pattern comes after a strong move downwards. The stronger the movement, the bigger the profit potential is.
After we identify the market trend and the characteristics of an excellent bearish flag pattern, we need to wait for confirmation that the trend is about to resume.
There are two basic approaches to enter the market with the bear flag pattern. Aggressive traders will enter at the top of the bearish flag as this will secure a little bit of more significant profits.
Best regards.
Sando and Gustavo.
Elrond (ERD) Has More Room To GrowERD is trying to breakout of the falling wedge and if it does, it has definately has more room to grow.
ERD seems BULLISH on 4H ERD looks bullish to me on this chart (4H timeframe).
It is ranging on this channel for quite some time now. Some movement should happen very soon. Volume is still important.
Look for this small ascending triangle, if it breaks by the top we might reach the 230 area pretty soon.
Don't forget to wait for the crossing on MACD + RSI consolidation for a better overall view.
As always, this is just my vision, not an investment advice. Good luck everyone! :)
