Hexxi

ERD August TA 4H

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BINANCE:ERDBTC   None
Short term outlook for ERD for August.
Long term I'm bullish on this project as a Ethereum competitor that accomplishes what ETH is trying to do in Nov.

Building off the idea that the pre-mainnet pump was wave 5 of EW theory, let's test if ERD is going through an ABC correction.
Looking for a possible retest of ~250 sats within the week, if it doesn't break through I'd except downward movement to retest ~140 sats levels.

DYOR etc.
Komentar:
Broke out of 89 day moving average channel higher band.
Komentar:
looks like ERD heading towards target of ~130-140. Personally, I'm not looking for the exact timing on this bottom and have begun DCA accumulating.

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