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Eternity
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.
There is a possibility for the beginning of an uptrend in AEETHTechnical analysis:
. AETERNITY/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003510 to 0.003150). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003510)
Ending of entry zone (0.003150)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.003840
TP2= @ 0.004240
TP3= @ 0.004690
TP4= @ 0.005150
TP5= @ 0.005370
TP6= @ 0.006050
TP7= @ 0.007020
TP8= @ 0.008680
TP9= Free
There is a possibility for the beginning of an uptrend in AEBNBTechnical analysis:
. AETERNITY/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.09963 to 0.08856). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.09963)
Ending of entry zone (0.08856)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.11586
TP2= @ 0.13603
TP3= @ 0.15979
TP4= @ 0.18400
TP5= @ 0.20372
TP6= @ 0.23914
TP7= @ 0.27501
TP8= @ 0.38977
TP9= Free