ATS vs ERD/USDTjust a great trade👍
Script settings for 1D timeframe:
· Signal calculation type - "high"
Erdlong
#ERD/BTC TECHNICAL CHART ANALYSIS & PRICE ACTION MOVES#ERD/BTC TECHNICAL CHART ANALYSIS & PRICE ACTION MOVES
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.
End of 2020 ERD Prediction: 4270%My ERD prediction for the end of the year is 0.11
Mainnet will be launching.
Forget about the MOON... were going to MARS!
Not trading or financial advice. Just some of my dumb ideas.
ERD/BTC Bullish Breakout Chart#ERD/BTC Chart on Request:
#ERD now struggle to break 30MA Resistance.
current Price of ERD/BTC is 19 Satoshi
If break upward then boom and flying like sky rocket.
already Breakout upward.
support: 15-17 Sat (I will buy more)
Resistance :26/33/55 Sat.
also keep an mind if breakdown 15-17 Satoshi Support and close candle bellow support then I will exit.
safe trade earn huge.
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ERDUSDT formed bullish BAT | Upto 19% bullish movePriceline of world's 187th ranked cryptocurrency Elrond (ERD) has formed bullish BAT 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.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: $0.0016980 to $0.0016552
Sell between: $0.0018091 to $0.0019723
So this chart would be a good long opportunity for upto 19% bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
ERD -Possible Cup n Handle- Tracking progressCheck out this trail of insight, cup and handle weekly catch.
Big buy wall on BN
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Partnerships and Updates 10/30/19
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