Ernbtc
#ERN/USDT#ERN
The price is moving in an ascending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.90
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.97
First target 2.07
Second target 2.16
Third target 2.28
#ERN/USDT#ERN
The price is moving within a descending channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 2.00
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 2.10
The first goal is 2.34
The second goal is 2.60
The third goal is 2.90
#ERN/USDT#ERN
The price is moving in a bearish channel pattern on the 24-hour frame and adheres to it well and was broken to the upside
The price rebounded well from the lower border of the channel at the green support level of 3.75
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 5.00
First goal 6.12
The second goal is 6.90
The third goal is 7.90
ERN buy setupThere is a good rebuy range on the chart for ERN. We have placed some buy orders in the green range for ERN.
The targets are clear on the chart.
Closing a 4-hour candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#ERNV/USDT#ERN
The price has been moving in a falling wedge since September 2022
The upper limit of the model has been tested more than once
We are about to break the downtrend and the trend is going up
We have oversold on MACD
And the support of moving Africa 100
Current price 1.85
First goal 2.32
Second goal 3.64
That's almost 200% of the current price.
Ethernity Chain (ERN) formed bullish Gartley for upto 61% move.Hi dear friends, hope you are well and welcome to the new trade setup of Ethernity Chain (ERN) token with BTC pair.
On a 4-hr time frame, ERN has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade