ERNUSDT Analysis: Demand Zone in FocusThe blue box is identified as a strong demand zone in ERNUSDT. A logical stop level is set at 1.40 .
Key Points:
Blue Box: Highlighted as a favorable demand zone for potential entries.
Stop Level: To manage risk effectively, consider placing a stop at 1.40.
Market Conditions: Current conditions warrant cautious and calculated entries.
Confirmation Indicators: Use CDV, liquidity heatmaps, volume profiles, volume footprints , and upward market structure breaks in lower time frames to confirm entry signals.
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I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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ERN
#ERN/USDT Ready to go higher#ERN
The price is moving in a descending channel on the 30-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 2.64
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 2.68
First target 2.78
Second target 2.88
Third target 2.98
#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 Preparing For Bullish Wave Towards 5$ Seems Like Correction Has Already Been Completed, And Ern Is Now Preparing To Resume Its Bullish Momentum. A Falling Wedge Pattern Has Formed, And The RSI Has Printed A Bullish Divergence. In The Event Of A Successful Breakout, A Massive Bullish Wave Towards $5 Is Expected In The Coming Days
Ern Looks Good For Midterm Here Ern Looks Attractive For Midterm Consolidating From Last Few Months Within Falling Wedge And Now Forming Heads And Shoulders Too Multiple Bullish Patterns Expecting Successful Breakout Too
Trend Is Already Up Forming Bullish Patterns Breakout can Lead @x Bullish Rally In Midterm Keep Eyes On Ern For Breakout
#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.
$ERN/#USDT [#Ethernity Chain]: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $ERN / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 1.997 | 2.21 | 2.613, and the major support zones can be found at 1.594 | 1.404 | 1.001. Consider entering a trade at the current price zone of 1.904 and targeting higher levels.
◰◲ General info :
▣ Name: Ethernity Chain
▣ Rank: 430
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex
▣ Category/Sector: Media and Entertainment - Collectibles
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 1.904 ₮
▣ 24HVol: 1,300,649.135 ₮
▣ 24H Chng: 4.101%
▣ 7-Days Chng: 2.73%
▣ 1-Month Chng: -7.25%
▣ 3-Months Chng: -0.18%
◲◰ Pivot Points - Levels :
◥ Resistance: 1.997 | 2.21 | 2.613
◢ Support: 1.594 | 1.404 | 1.001
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -2.42
▣ Last 90D: -0.34
▣ Last 1-Y: 0.54
▣ Last 3-Y: 0.76
◲◰ Volatility :
▣ Last 30D: 0.78
▣ Last 90D: 0.73
▣ Last 1-Y: 1.75
▣ Last 3-Y: 2.15
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.51 - Bullish
▣ In-depth ERNUSDT technical analysis on Tradingview TA page
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