Beta Finance (ERNUSDT) Building A Stronger Future For DeFiBeta Finance is the first permissionless money market protocol for lending, borrowing, and shorting any crypto asset. (Rank #323)
🌐 www.app.betafinance.org
▫️ Very Low Market Cap: $220 million
▫️ Fully Diluted MC: $1.38 billion
▫️ Max/Total Supply: 1 billion #ERN
▫️ Circulating Supply: 16%
▫️ 24-Volume: $93 million
▫️ ATH on 23/11/2021: $1.03
▫️ Capital Portfolio: #DeFiance #Multicoin #ParaFi
Long-Term Investment up to 500%!
ERNUSDT
ethernityhey traders, there is ERN, we waited it for a long time so, we need a close above the blue line for 1D bar to get the green lines (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
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trade carefully guys and don't forget the risk management.
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ERNUSDThey traders
as u can see, im Very Bullish on ERN
in my vision and chart, 9$ is important, im taking this lvl as Minor Support and potential support area for next uptrend move
i think if bulls support ERN at 9$ , targets will b "12" "15" "17 " "20"
If Bears break the lvl, im expecting price go down and touch the Major support which is 5.3$
I have 2 say, if price go down 2 the 5$, the uptrend targets will b valid for me, at least were going to touch 10$ one more time
so, what u think about ERN ?
Share your chart & Vision and leave a comment
♻ ERN 0.5/0.618 FIB confluenceI'm not a big fan of any Fibonacci-related tools, but I just wanted to share this, for those who like to put their trust in those retracement levels.
Measuring those two moves 0.5 & 0.618 levels are placed in the area of previous resistance which currently acts as support. If we see a good reaction from here this could indicate a local bottom for the price action.
ERN not bothered by bitcoin movesThere's not much price history on tradingview, but ERN is moving in an ascending channel formed 23/05 - 07/07 (2021) and is currently bottoming inside of it.
Even though bitcoin pulled back yesterday, the price doesn't seem to care about this fact at all, as it's consolidating on a local support. (sign of strength)
MFI bullish divergence is visible across all standard hourly timeframes.
I'm expecting a potential move to the upside soon. (unless bitcoin dumps now)
Not posting specific entries here, because I feel like the market is getting to the point where it either pumps or dumps from here.. Let's see what happens.