Elrond Back Above Resistance | 75%+ Possible If...

Elrond ( ERDBTC ) is now trading above resistance once more... The main resistance we are talking about is 20 satoshis, if this level can be conquered (with a close of 21 satoshis or higher), ERDBTC is very likely to grow some more.

Our classic signals are now on display

• MACD bullish cross.
  
• Strong RSI .
  
• Bullish TS Sequential
  
• Trading above EMA10/50.
  

Conditions for change
If ERDBTC moves lower, you can expect additional consolidation (blue arrow).

If the last low is broken then more bleeding can happen... This is the less likely scenario right now, Elrond is bullish and getting ready to pop.

Namaste.

Nov 05

Comment: TARGET:

1) 22 |Hit 31-Oct. (+29%)
2) 24 |Hit 4-Nov. (+41%)
3) 26 |Hit 5-Nov. (+53%)
*) 29 |Hit 5-Nov. (+70%)

Nov 09

Comment: Chart analysis still valid.
Aiming for 35 satoshis mid-term.

Dec 26

Comment: TARGET:

1) 22 |Hit 31-Oct. (+29%)
2) 24 |Hit 4-Nov. (+41%)
3) 26 |Hit 5-Nov. (+53%)
4) 30 |Hit 26-Nov. (+76%)
5) 33 |Hit 26-Nov. (+94%)
*) 35 |Hit 26-Nov. (+106%)
6) 37 |Hit 9-Dec. (+118%)