ERNUSD
#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 9.50% PumpHi dear friends, hope you are well and welcome to the new trade setup of Ethernity Chain (ERN) token with US Dollar pair.
Recently we cauth a nice pump of ERN:
Now on a 2-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
Ethernity Chain (ERN) formed a bullish Gartley for upto 28% pumpHi dear friends, hope you are well and welcome to the new trade setup of Ethernity Chain (ERN) token with US Dollar pair.
Previously we caught a nice pump of ERN:
Now 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
ERN : Trading possibilitiesERN have some possibilities for scalp trading and day trading depending on new price action: also the algorithms shows interesting effect.
It seems interesting, but same time this coin should be trading with high risk management and SL.
This coin is 100% SPOT also.
Its already increased also top, so there is no reason to risk high.
its only interesting to follow it in a way of scalp trading.
We will see coming time how this coin will effect on price action
Its now more interesting to see or it will make new range.
Like and follow and support the channel to 1k members❤️
ERN made another big pump. This time 40%.Hello, dear TradingView members.
This is an ERN idea.
ERN pumped about 40% and got rejected by resistance.
This is the second time it's trying to break that resistance level.
There are two support levels on the way down and two resistance levels on the way up, pushing down on price.
Scenario One:
The price will get more support from this area and push up again to retest the resistance levels.
Scenario Two:
The price will be rejected and fall from the local support on the solid support area.
RSI is oversold, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
ERN pumped 170%. Do Not FOMO!Hello, dear TradingView members.
This is an ERN idea.
ERN just moved 170% and now has a spot in the top-gainers coins of today.
It was a long since the price was consolidated sideways, and finally, it broke out.
You should be aware of two resistance levels on the way up, two support levels on the way down, and also the middle Bollinger Band.
If you're into opening long positions, wait for the price to land on support or pass the resistance level and confirm above it.
And for short positions, wait for the price to reach the resistance level or fall down the support levels.
There are two scenarios in the current situation:
Scenario One:
The price will reach the local support and get pumped once more to get to the higher resistance levels.
Scenario Two:
The price will get rejected by resistance and fall back to the half-shadow support levels.
RSI is in the overbought area, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
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
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
.
trade carefully guys and don't forget the risk management.
.
.
.
.
.
.
.
♻ 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.