- We buy low, to sell high.
- We focused on bottomed out altcoins/pairs.
This setup is already on the move but we can still figure out with a high degree of accuracy where prices are going next.
For ERDBTC , it is all about the right now and the EMAs.
- If ERDBTC closes above EMA10,50,100, we can see this pair continue growing.
- But if instead prices move lower and close below 0.00000023 (23 satoshis), we are likely to see another drop that will lead to 0.786 Fib. retracement support.
The green arrow becomes more relevant if we stay above 25-26 satoshis.
The signals are still early, but ERDBTC might resume its uptrend from here.
Previous analysis | Elrond Getting Ready To Move Again? | Full Trade Inside (200%+)
Request Network Is Bouncing | Can Do 60% or More Long-Term
Thanks a lot for reading.