#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