ERDBTC Retracement to 61,8% FIB Levels

30 thg 7, 2020

Given what's happening in the market, as well as the fact that we're entering the traditional Bear Market season that starts around August, also the past event of the mainnet launch and the amazing 29x rally that ERD did these past 4 months, a serious retracement is to be expected. There are some resistance levels along the way that I didn't draw on the chart as they are pretty visible. But the writing is on the wall. this is the time to be capitalizing profits and load the buy orders starting under 150 sats, in an organized fashion, with DCA in mind. Don't spend everything at once. :D