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ERD just reached a new ATH! Don't miss it.
ERDBTC
, 1DLong
ERDBTC: ERD just reached a new ATH! Don't miss it.
Updated 

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...

ELROND breakout
ERDBTC
, 240Long
ERDBTC: ELROND breakout

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 just printed a continuation pattern
ERDBTC
, 60Long
ERDBTC: ERD just printed a continuation pattern
Updated 

The price found support at the 80 stats level, which was resistance 2 times in the past. Right now it broke the descending channel to the upside and therefore confirmed a continuation pattern.

ERD parabolic uptrend
ERDUSDT
, 480Long
ERDUSDT: ERD parabolic uptrend
Updated 

ERD is forming a parabolic curve pattern that is used to define fast-moving trend acceleration. The price just formed its 4th phase of consolidation. So, after surpassing the previous high of $0.0065$, the price is expected to move fast to the next target, which lies near the psychological price level of 1 cent.

ERD continuation
ERDUSDT
, 240Long
ERDUSDT: ERD continuation

-

ERDUSDT Important Resistance Level
ERDUSDT
, 240Long
ERDUSDT: ERDUSDT Important Resistance Level

I am expecting an aggressive upside move after the price manages to break the 0.0066$ level. I am pretty confident that this will be a matter of when rather than if, because the resistance looks very weak right now.

ERD is about to go higher from here
ERDBTC
, 60Long
ERDBTC: ERD is about to go higher from here
Updated 

- ERDBTC has a support zone between 61 and 62 sats, which lies at the confluence of both the 0.618 fib level and an ascending trend line. - We will have a price reversal confirmation after breaking the 66 sats resistance level. This will mark the breakout of the descending channel and will trigger an upward move.

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