1.) #Elrond #ERD $ERD
- daily: nice ascending triangle form after a solid run. momentum looks to have formed a double bottom, should start seeing some early bulls take entries before coming support. similar price action to #theta and #tezos looks like a #fullsend to me🚀🌕
2.) #Elrond #ERD $ERD
- daily: price action stuck in consolidation, momentum still looking to shift in favor of the bulls. also looking like the same waiting game we are in with #tezos and #theta adding a small position at this level and sitting on my hands📉📈
3.) #Elrond #ERD $ERD
- 4hour: this baby is looking prime for a breakout. support on the trigger timeframe looking to be confirmed. momentum has found support and is now in favor of the bulls🚀
4.) #Elrond #ERD $ERD
- 4hour: nice bullish engulfing inside our consolidation/support zone. momentum heavily in favor of the bulls, breakout coming📈
5.) #Elrond #ERD $ERD
- 4hour: price remains in a consolidation support zone after a correction. momentum has found support and formed a double bottom. looking for a close above $0.020215 to confirm further movement to the upside. sitting on my hands until further confirmation📈
6.) #Elrond #ERD $ERD
- daily: price continuing with a minor a sell-off, momentum remains in favor of the bears. price action continues to respect our ascending triangle, most recent daily candle low remains above the previous candle low. price needs to reverse here📈 or 📉
7.) #Elrond #ERD $ERD
- daily: smaller timeframes showing signs of minor support, but no confirmation on the higher timeframe. momentum heavily in favor of the bears with no signs of a reversal. it is the beginning of a new daily candle so we'll have to see how this plays out📈📉
8.) #Elrond #ERD $ERD
- daily: not much has changed, price held up better than expected. some other alts took some big hits, smaller timeframe continuing to show signs of support. will continue to watch and see how it plays out📈
9.) #Elrond #ERD $ERD
- 4hour: price looking to establish support, momentum in favor of the bulls. looking to add a position here with a stop-loss slightly below the previous low📉📈
10.) #Elrond #ERD $ERD
- 4hour: nice bounce off support, entry in profit. momentum in favor of the bulls with no signs of a reversal. expecting a minor correction at this level followed by some continuation 📈
11.) #Elrond #ERD $ERD
- 4hour: price at the end of our minor correction now, and looking to establish support. momentum has topped out and shifted in favor of the bears. expecting price to find support here and continue to the upside📈
12.) #Elrond #ERD $ERD
- 4hour: price in the middle of its minor correction, and looking to establish a double bottom at this zone. momentum remains in favor of the bears and looking for support. waiting for a confirmation before adding another bag📈
13.) #Elrond #ERD $ERD
- 4hour: price rejected from our resistance, and now continuing to sell-off. momentum also heavily in favor of the bears. expecting price to continue towards our major support📉
14.) #Elrond #ERD $ERD
- 4hour: price now testing our 2nd support, looking for a confirmation. momentum getting closer to confirming support. expecting price to continue up from here, adding a position with a stop-loss slightly below the previous low

*#15 will end thread*
15.) #Elrond #ERD $ERD
- 4hour: price confirmed support and now continuing to the upside. momentum heavily in favor of the bulls with no signs of a reversal. a close above our midline dynamic resistance and expect price to continue otherwise📉

*end thread*
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