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ERDUSDT

USDJPY|FIRST LONG THAN SHORT!We see the USDJPY in the one-hour time frame. In the upward trend that was previously in the form of an upward channel, this channel has broken down and broken its support level. In the continuation of its downward trend to enter sales positions. Important areas of supply and demand are drawn on the chart. In the returns to the supply areas that I have drawn, enter sell positions with confirmation. My target for long positions is the supply area of 147.50. For short positions, the demand area is 146.70. ​
Short
by Golden_Star1994
ERD/USDT - BONUSHello folks! I'll be quick! So, if ERD breaks this resistance area, we'll revisit $0.02 price, where most probably it will reject again (if not...well, you know what happens). If this red resistance area doesn't hold, we'll see $0.0175 (at least) one more time. Stay safe and don't forget to fill your bags cause in the long run, Elrond Network will be mind-blowing! Keep in touch THIS IS NOT FINANCIAL ADVICE! *DO YOUR OWN RESEARCH **INVEST ONLY WHAT YOU CAN AFFORD TO LOSE ***KEEP YOUR INVESTMENT PORTOFOLIO DIVERSIFIED
E
by rooster_xbt
#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 .
EShort
by dicilea
8
ERD just reached a new ATH! Don't miss it.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 locked in the delegation smart contract and the withdrawals are closed until the mainnet. So, a huge potential selling pressure is gone for the moment.
ELong
by Whale-Whisperer
5
#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
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.
EShort
by MarketMinds
1