dicilea

It's time to short ERD ERD/BTC #ERD

Short
BINANCE:ERDBTC   None
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:
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.