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Erdbtclong

#ERDBTC Long another potential 30%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 there. Remember ERD is a huge GEM and a competitor to Ethereum so we can see huge potential for ERD especially on the coming Bull market that will be like anything we have seen before. I am extremely bullish on ERD and this is one of your long term HODL coins. Short term traders can benefit too ! 30% is not bad at all. IF this holds we can expect another Bull run by ERD. ENTRY: CMP (193 Sats ) Targets: 204 211 255 SL: 168. Do DCA and buy in Dip If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section. Remeber this always #Golden Rule #BTC moons Alts Rekt This is what I think. Share your opinion guys! Stay safe #PEACE
ELong
by CryptPeak
2
ERD making RISING WEDGEERD 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 is decreasing but the price action is respecting the rising wedge, indication that price may fall from rising wedge. The volume needs to increase in order to break the daily level. Otherwise it going to pull back.
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by SmartMaxi