The 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 (ELROND) is ready for another ride! After breakout and confirmation, we can see ERD gain over 30%. Now we are nearing the end of the pennant and imo there can be two scenarios and we can profit from both. If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from...
$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 Showing Sell signal on the daily chart after 104days (1171%) Take it or leave it. #ERD
Hello, 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...
ERD is trying to breakout of the falling wedge and if it does, it has definately has more room to grow.
Please feel free to comment or challenge me on my TA. If you like my idea, leave a like to show support. -------------------------------------------------------------------- - R/S flip on the daily level - Hidden bullish div on RSI & MACD - Crossover on the MACD Targets: - 218 sats - 256 sats SL: 183 sats
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...
#ERD/BTC TECHNICAL CHART ANALYSIS & PRICE ACTION MOVES
Erd will drop till 165 sats after it will grow so fast till 203 sats. #erd #egld #elrond $erd $egld $elrond BINANCE:ERDBTC
BINANCE:ERDBTC
Given what's happening in the market, as well as the fact that we're entering the traditional Bear Market season that starts around August, also the past event of the mainnet launch and the amazing 29x rally that ERD did these past 4 months, a serious retracement is to be expected. There are some resistance levels along the way that I didn't draw on the chart as...
ERD/BTC -After the price printed two Lower Highs -It started breaking local support at the moment -If this candle will fail for the next 12-24 hours -There is a huge chance of potential previous resistance retest -Which is located around 183 sat range -That's still over -15% drop from the current price -I only recommend opening a Buy position once reversal signs are seen
Elrond has now a market cap of 300 000 000 usd with a circulating supply of 13,323,533,427 from a total supply of 20,000,000,000 ERD. My first target is 97satoshi in the short term. If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
ERD ELROND Rising wedge 4Hr Chart - ERDBTC ERDUSD ERDUSDT
ERD is ranging between two trend line T1 as resistance and T2 as support. Resistance has been tested twice at T1 and also support has been tested twice on T2. ERD Needs to test the daily levels at 187 and have to break for a bull run. Other it is going to retrace back to 161 which is a daily support. ERD is making RISING WEDGE PATTERN If we see at the volume, it...