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ERD

ERD can make new highsAccording to Ichimoku trading system, Elrond has 4 strong bullish signals those are price is above Kijun, the crossover of Kijun and Tenkan has not happened yet so it can be said that price can retrace its patch back to Tenkan which is 0.0158 area and then it will pump again making new highs but there if it closes below Tenkan then it will test 0.015 area on which it is facing another resistance (Kijun) so if it fails to close below Kijun (red line) too. Then there will be a weak signal of short. Another good bearish sign is the price is above the Kumo cloud which is generally considered bullish so total we can say it has 4 resistance to cross Senkau A ( upper border of Kumo cloud), Senkau B (lower border of Kumo cloud), Tenkan (Blue line), Kijun (Redline). If there is a crossover of Kijun (red line) over Tenkan (Blue line) then it will be a weak bearish signal because the price is above the Kumo cloud and if price retraces its path back to Kumo cloud then it will consolidate and we can see a pump or dump. Do share your thoughts in the comments :smiles:
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by TheTradingo
6
ERD/BTC now 261% Profit within one Month Congrats Guys#ERDBTC 261% Profit Update:- #ERD/BTC now went upto 59 Satoshi And our 1st entry was 15-16 Satoshi And 2nd entry was 22 Satoshi From 1st Entry = 261% Profit From 2nd Entry= 171% Profit Hope You enjoying guys. Suggestion:- if you still Holding #ERD then i Suggest you to sell Around this Range. But of you still want to take high risk them hold only 20% and remaining sell. 261% Profit is pretty Good within one month. Please LIKE and Appreciate me for my work. Must Follow me for Latest crypto Updates. Thank you.
ELong
by CryptoPatel
17
ErdUsdtHello Guys, here is a trade setup, but before please note, the correction could be already done at pink A, im expecting a lower low at C, if the price go higher and break yellow 3, this could be wave 5, all details on the chart, No sotp loss = fail Targets are always fib levels, use it Fib Retracement (0.236-0.382-0.5) and keep in mind we can go higher to wave 5, so keep an open profit, like take 2/3 and leae 1/3 with a stop loss. So what do you think guys about this setup?
ELong
by KuwaitQ8
1
ELROND ($ERD) 🥇 | You Haven't Seen Elrond on Buzzfeed...Yet💨💨 Our last Elrond chart worked wonders as the bulls quickly found support and then pumped ERD so hard the Bears needed to see a vet. Today we are doing a follow-up analysis for the bulls to see if they can break the next resistance before someone can break the Elrond blockchain (see the contest in the links below). As you can see below, we have done a side-by-side of ERDUSDT to look at long term levels without having to zoom out too much. Let's look at some levels that are in play now that the bulls have taken ERD to new local heights. Hit that 👍 button to show support for the content and help us grow 🐣 Support: The most important support level for the bulls is the S1 expected S/R flip. The reason we have marked this potential level is that if price does need to find support, it'll have to do it without much of a pullback. All established supports are too far down for the current bullish market structure to hold on a retest. If S1 can't hold, the S2 orderblock at the swing low could hold. S2 could work to send ERD higher, but testing this level is a bad look for the bulls as explained above. While there are lower support levels, they aren't relevant to the current market structure so let's leave them aside for now. Resistance: The first level of resistance is the R1 orderblock cluster. It is logical for the bulls to find resistance here, if they do the hope would be that it is temporary and at most results in a shallow pullback to S1. If R1 can be broken, then the next target for bulls is the R2 orderblock at the swing high. Summary: ERD bulls had a beautiful setup on our last chart. While momentum and market structure look good still, the bulls have a bit of a problem in that they don't have much support to look to and thus have to keep running. That said, running is what these ERD bulls seem to do best so this may be achievable. Resources: www.coindesk.com
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by AlphaBotSystem
5
ELROND ($ERD)💲 | Why Elrond is the Secret to Financial Freedom👁️‍🗨️ Elrond will pay you $60k if you break its blockchain before its MainNet launch. That is attractive, but honestly, ERD has been paying you to just smash the buy button like a caveman (no coding skills necessary)... and that is attractive too. Jokes aside, ERD has been on a very evident uptrend since the COVID bottom and it looks like the bulls have more room to run. Let's take a look at some levels. Support: The S1 bullish S/R flip has already acted as support after we ran the previous swing low. This level should act as support again if needed. Below S1 is the S2 orderblock created on the way up. This could act as support if, for example, the wider crypto market falters. Despite this, the bulls' best bet is to avoid any trip below S1 and to simply maintain momentum. Resistance: The R1 orderblock formed at the previous swing highs is our first point of resistance. The best bet for the bulls is to blast through this, thus avoiding consolidation between R1 and S1 with a chance of testing S2 or lower. The ultimate goal for the bulls is the R2 orderblock. A break above R1 with an R2 target means some nice percent gains for the bulls and further strength and momentum on that ERD chart. That is exactly what the bulls want to see to keep this chart looking great. Summary: With ERD's MainNet on the way and price in an uptrend, Elrond bulls have a great setup. All they need to do is keep the momentum going. The question is, can they do it, or are they going to let R1 get in their way? Resources: www.coindesk.com + finance.yahoo.com Hit that 👍 button to show support for the content and help us grow 🐣
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by AlphaBotSystem
13
ERDUSDT - possible 20% gains in the next 7 to 10 days!ERDUSDT - has been moving great so far. Looking at the chart, the previous 2 triangles were about 17 days in length, turning resistance into support at roughly 2/3 of this timeframe. Currently moving slightly above our support at 0.002957 USDT. Would wait a few more hours for clear confirmation. Nonetheless, with mainnet approaching, the excitement is real around the project, as the French community has gotten in on the action as well thanks to a huge YouTube crypto celebrity (you can look this up yourselves - I'd rather not mention names). Arbitrage has also shown us that some already find value in ERD at today's high of 0.003225 USDT on Bitmax, despite the price being lower on Binance. The project has a huge potential, however I am looking at things step by step - a slow & steady growth will be much more stable and will allow ERD to build additional support with more investors coming in.
ELong
by CryptoDarkSky
1