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Erdusd

Elrond - This one has potential for bigger gains LONGERD or Elrond has been in consolidation since its last huge gain, and subsequent retrace. This is pretty bullish, and there is a lot of buying pressure. This is an alt that I would be willing to throw 10% of my portfolio as a risk into, as it's getting that much hype (believe it or not, hype matters more than fundamentals when it comes to crypto, although it helps to have a solid fundamentally sound coin.). I believe you should get into this coin BEFORE September 3, if you are going to do it. This is when the news will start coming out about ERDgold, as well as some other hype news. I think there is a ton of upside in September, but then let's get back to the reality and buy our BTC back.
ELong
by Shwayze
2
#ERD It's time to sell ERD ERD/BTC After a massive about 2800% pump in 3 months ERD needs to cool down. Bulls seems to be exhausted and they start to sell theirs ERD bags and book the profits. TA: ERD has broken the support and retest it as a resistance and seems to continue down. On daily time frame we can see that it had formed inverted Head and shoulders pattern witch is a bearish sign. Also it had printed regular bear divergences on RSI and on stochastic RSI I will buy again this gem around 40 sats .
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by dicilea
8
Bearish Accumulation on ERDHello, 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 downwards. The stronger the movement, the bigger the profit potential is. After we identify the market trend and the characteristics of an excellent bearish flag pattern, we need to wait for confirmation that the trend is about to resume. There are two basic approaches to enter the market with the bear flag pattern. Aggressive traders will enter at the top of the bearish flag as this will secure a little bit of more significant profits. Best regards. Sando and Gustavo.
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by MarketMinds
1
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
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
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