begining of new wave for ERDUSDTERDUSDT is in the critical point and i think it will bounce back from this point to the next wave high.
ERDUSDT
ERD/BTC (Bearish Two Lower Highs?)ERD/BTC
-After the price printed two Lower Highs
-It started breaking local support at the moment
-If this candle will fail for the next 12-24 hours
-There is a huge chance of potential previous resistance retest
-Which is located around 183 sat range
-That's still over -15% drop from the current price
-I only recommend opening a Buy position once reversal signs are seen
ERDUSDT AnalysisPeople who listened EngineeringRobo's BULL, MOON signals & MA 20-50 cross strategy in April, enjoy your 2944% PROFIT!!
If you're holding ERD , you don't need to hurry to sell & if you want to buy, you can buy right now.
Also, if you want to sell, keep an eye on it. When the candles drops below resistance level ($0.018) you can consider selling or wait for EngineeringRobo's sell signals to take an action.
ERDUSDT ANALYSİSI have 4 positive signals. It still goes really good ıf you bought this coin in April you made x28 that is incredibly good.
If you want to buy it wait until buy2 signal level ( around $0.019)
or wait until support level ( $0.0067)
ıf you decided to follow buy2 signal level make sure the candles are still going up and watch carefully sell2 signal or other sell signals
If you want to use EngineeringRobo please dm me
ERD Elrond Retracement LevelsElrond has now a market cap of 300 000 000 usd with a circulating supply of 13,323,533,427 from a total supply of 20,000,000,000 ERD.
My first target is 97satoshi in the short term.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
ERD ELROND Rising wedge 4Hr Chart - ERDBTC ERDUSD ERDUSDT ERD ELROND Rising wedge 4Hr Chart - ERDBTC ERDUSD ERDUSDT
ERDUSDT $ERD - Incoming breakoutI am personally expecting a major breakout on the ERD-USDT pair.
ERD has been making headlines lately with all of the partnerships they have launched. Furthermore, there is an AMA coming up within a couple of hours regarding the mainnet, which will officially launch in 6 days.
While nobody can guarantee any success, I strongly believe that the revolutionary product that the Elrond team will launch, will turn even the most skeptic investors into true believers.
Time will tell, but I know where my money's at.
As always, DYOR.
ERDUSDT2 possible scenarios for this asset.
- head and should break to the downside
- ascending triangle.
Either , get ready and put this on your watchlist and observe the low timeframe for the next couple of hours.
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.
ERDUSDT analysisWe can see a bearish pendant pattern combined with a a sell2 signal. However, we need to wait for HELL signal or the cloud turn red to be able to catch the peak of this chart and maximize our profits in a long position. I will be shorting this chart very soon.
What is next for ERD?Hello, traders.
What is next for ERD? Technical analysis is knowing how to react to the future price movement. In my view, we are starting a downward channel, but if we break the red line upwards, the chart will look like a bullish flag.
The other scenario we have the possibility of being forming a head and shoulders o pattern at the top of the trend, we have an important level of support in the blue line, and if we break down it would be quite bearish for this asset
When we have so many mixed indications like that, the right thing to do is to stay out
When you in doubt, stay out.
Sandro and Gustavo.
ERDUSDTEvery channel is only valid until it's not.... looking like people are being sold overhead supply currently or in other words they are being sold the main network. A little sideways movement and breakout would be the preference.
Remember, this asset had 30 million cap a couple of weeks ago and grew to over 200 million in a matter of a week. These people want returns fast.
ERD looking good for a short right nowERD could be going to the downside but I still wouldn´t short it since it could pop up with a BTC break.
In the other hand we could place good buy orders on the potential fall and make big profits in the future.
Thoughts?
Fibonacci Retrecement buyHello, traders.
I expect a correction to at least the first Fibonacci level, but the ideal would be on a 50% retracement zone. After a sharp rise, a correction is healthy, or at least we can expect a bullish accumulation pattern.
But if the price is above 190, a purchase will be indicated, as it will be breaking the ATH.
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ERDUSDT ANALYSISThe candles have been increased trend since April, and now the last candle and the resistance line(0.148), the last one, crossed.
Therefore, if you have a plan to buy ERD, this is the right time. However, if you may some concerns, you may follow Robo's signals.
ERD can make new highsAccording to Ichimoku trading system, Elrond has 4 strong bullish signals those are price is above Kijun, the crossover of Kijun and Tenkan has not happened yet so it can be said that price can retrace its patch back to Tenkan which is 0.0158 area and then it will pump again making new highs but there if it closes below Tenkan then it will test 0.015 area on which it is facing another resistance (Kijun) so if it fails to close below Kijun (red line) too. Then there will be a weak signal of short. Another good bearish sign is the price is above the Kumo cloud which is generally considered bullish so total we can say it has 4 resistance to cross Senkau A ( upper border of Kumo cloud), Senkau B (lower border of Kumo cloud), Tenkan (Blue line), Kijun (Redline). If there is a crossover of Kijun (red line) over Tenkan (Blue line) then it will be a weak bearish signal because the price is above the Kumo cloud and if price retraces its path back to Kumo cloud then it will consolidate and we can see a pump or dump. Do share your thoughts in the comments :smiles:
ERDUSDT AnalysisI am mostly positive about Elrond. There are both moon and bull signals. Besides this, Engineering Robo 2 is giving a buy 2 signal. If the candle breaks the 0.02 resistance level, I will buy it.
ERD just printed a continuation patternThe 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.
