SultanProfit

Elrond(ERD) Continue the Correction...

Short
BINANCE:ERDBTC   None
In my opinion Elrond(ERD) is one of 3rd generation of cryptocurrency..

They always active from before launching their mainnet on 29 July 2020 and the price went crazy!!

The hype was stop after mainnet launch the price is going down until now and in correction phase..

Did you see ERDBTC chart? it shows the most known head and shoulder pattern, everytime this pattern come disaster will follow...

Now the price going to FIBO 0.618 with volume decrease and stochastic is below 20, if reach the support it willl bounce to the resistence.

Did you agree? please comment if you have an different idea!!
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.