TradingView
dicilea
Aug 13, 2020 9:42 AM

#ERD It's time to sell ERD ERD/BTC  Short

Description

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 .
Comments
rares10
Good TA @dicilea
Not_ELMS
nope, broke fudd'er LOL
AristaKat31592
@vavomit618, guy says inverted H n S. haha. Clearly doesnt know what hes talking about
empathicStork68846
@AristaKat31592, Lmao when he metioned inverted H n S.
dicilea
@empathicStork68846, My fault, it is Head ans shoulders
empathicStork68846
@dicilea, inverted Hns would be nicer at this time tho
AristaKat31592
@empathicStork68846, bullish accumulation. Clear as day. This thing is just getting started
rares10
@AristaKat31592, bullish accumulation ha? :)) This thing is getting started to drop, until BTC dominance is growing all ALTS will drop.
More