#ERDBTC Long another potential 30%

ERD (ELROND) is ready for another ride!
After breakout and confirmation, we can see ERD gain over 30%.
Now we are nearing the end of the pennant and imo there can be two scenarios and we can profit from both. If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there.

Remember ERD is a huge GEM and a competitor to Ethereum so we can see huge potential for ERD especially on the coming Bull market that will be like anything we have seen before.
I am extremely bullish on ERD
and this is one of your long term HODL coins.

Short term traders can benefit too ! 30% is not bad at all.
IF this holds we can expect another Bull run by ERD.

ENTRY: CMP (193 Sats )

Targets:
204
211
255


SL: 168. Do DCA and buy in Dip

If you like these setups,join our TG channel CryptoPeak and please hit the like button and share your views in the comment section.


Remeber this always
#Golden Rule
#BTC moons Alts Rekt

This is what I think.
Share your opinion guys!

Stay safe

#PEACE