The season of pump and dump came to Binance. Now it`s time for ERD.
With a market cap of 54 mil usd, the romanian project is close to top 100 cryptocurrencies.
It has a low circulating supply of aprox 50% and a 7.5x ROI from ICO already.
The indicators show a strong sell signal.
Good support at 16 satoshi. A lot of buys there.
PM me if you want to try the...
#ERDBTC 261% Profit Update:-
#ERD/BTC now went upto 59 Satoshi
And our 1st entry was 15-16 Satoshi
And 2nd entry was 22 Satoshi
From 1st Entry = 261% Profit
From 2nd Entry= 171% Profit
Hope You enjoying guys.
Suggestion:- if you still Holding #ERD then i Suggest you to sell Around this Range.
But of you still want to take high risk them hold only 20%...
👁️🗨️ Elrond will pay you $60k if you break its blockchain before its MainNet launch. That is attractive, but honestly, ERD has been paying you to just smash the buy button like a caveman (no coding skills necessary)... and that is attractive too.
Jokes aside, ERD has been on a very evident uptrend since the COVID bottom and it looks like the bulls have more room...
Elrond (ERDBTC) just moved above strong resistance is preparing for an "impulse jump"... One of those moves that print a very strong green candle...
Let's see how it goes.
Previous analysis | Mar. 17
Elrond Hits New Low, Remains Super Bullish
All the targets and...
By following this indicator you can catch some nice swing play and entire altseason, just ensure you use stop loss in profit when price goes up.
With CROSS you simple long Yellow bars, and close position on Red bars, work on every timeframe and coin.
- ERDBTC has a support zone between 61 and 62 sats, which lies at the confluence of both the 0.618 fib level and an ascending trend line.
- We will have a price reversal confirmation after breaking the 66 sats resistance level. This will mark the breakout of the descending channel and will trigger an upward move.
The last support for ERDBTC was sitting at 15 satoshis and was broken on the 13th of March.
A new low was hit at 13 but the charts for ERDBTC remain super bullish, why is that?
When a strong support is broken you expect to see big volume bars, yet, the trading volume here is really low. The MACD is also printing bullish divergence.
So this support is taken out...
ERDBTC (Elrond) continues to print solid/bullish consolidation while it prepares for the next move.
We can see a higher low and not much action.
In a bullish cycle, the tendency is always up... So when the consolidation phase is over, we are likely to see some growth.
Find our FULL ERDBTC TRADE BELOW:
1-2 Elrond Falling Wedge, Trade Signal (ERDBTC | 170%)...
I am expecting an aggressive upside move after the price manages to break the 0.0066$ level. I am pretty confident that this will be a matter of when rather than if, because the resistance looks very weak right now.