ERNUSDTTrying To Breakout Falling Wedge On 1D Timeframe☑️
In Case Of Solid Breakout Expecting Massive Bullish Wave✍️
Keep Eye On It
ERNUSDT trade ideas
Ethernity (ERN)On the above 4-day chart price action has corrected by 90%. Today is great long opportunity. Why?
1) RSI and price action resistance breakout.
2) Price action double bottom.
3) Price action prints on past resistance since breakout. Look left.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: Will say elsewhere
ERNUSDTEntry: 2.03
Target: 2.42
Stop Loss: 1.77
Risk & Reward Ratio 1 : 2
Expected Gain: 19%
Chinese Gaming Coin
ERN priceERN token persisted in delivering the lower low swings and displayed a descending triangle pattern on the charts.
#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 USDTERN USDT making crab harmonic pattern. entering a short below point B with an estimated target of point D and then we can see a possible reversal from point D. if price makes a HH and HL at PSZ then we can take a long from there and ride the trend with trailing stop loss or below point D
ERNUSDT(Ethernity) Daily tf Range Updated till 08-05-24ERNUSDT(Ethernity) Daily timeframe range. cut through 5.113 but its still a struggle here. if it can defend here it got a good chance of retrace back. local resistance at 7.765. it will depend on a healthy close over 5.113 for now.
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
ERNUSDT Trading Analysis Medium to Long term ViewThis analysis examines ERNUSDT (Ethernity Chain/USDT) based on its price break of important bearish structure, pullback towards a major demand zone, and potential accumulation area. We will also identify key resistance and supply zones that traders should monitor closely.
Recently, ERNUSDT broke through an important bearish trendline, indicating a potential change in market sentiment. This price action expected to signify a reversal of the downtrend and the start of a new bullish trend.
Currently, the pullback towards the significant demand zone is done with a bounce. This area, which acted as strong support in the past, could provide a good opportunity for accumulation as buyers are likely to step in and defend this level.
Moreover, as ERNUSDT continues its upward trajectory, it may encounter resistance near the $3.2 level. This zone has previously acted as both support and resistance, making it a critical price point to watch. A successful break above this level with substantial volume could pave the way for further gains towards the next significant level to watch is the crucial supply zone.
#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.
ERNUSDT in bullish trendERNUSDT in bullish trend
buy at the Current market price
Stop loss 1.851
Take profit 2.173
Ethernity ERN Coin Price Prediction🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 2.136 and 1.866
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#ERN/USDT - Long - Potential 29.36%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: 5%
Exit:
• Target 2 : 2.818 28.44%
• Target 1 : 2.333 6.34%
Entry: 2.194 ⌁ 2.194
• Current market price: 2.194
• Stop: 1.867 (-14.9%)
•Technical indicators:
• ⎿ 24h Volume: 10088306.48
• ⎿ Satoshis: 2.194
• ⎿ Analysis: TradingView
Quick pump creating a fair value gap and trendline break. Solid support and a lack of overhead resistance gives a nice chance for a quick long.
ERNUSDT"As we enter the bullish season, the initial target to aim for is
target : 30 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
ERN - BullishIt has formed series of HH and HL with no bearish divergence noted. Entering into buy trade immediately with SL set below last HL and TP at 1:1 R/R ratio.
Ern Breaking Long Consolidation Seems Like Getting Ready For Massive Bullish Rally Formed & Breaking Symmetrical Triangle In 2 days Tf Incase Of Successful Breakout Expecting Move Towards 8$ Keep Eyes On lower timeframes Too For Breakout
Now make 10% profit on GHSTUSDhi every one
complete pullback to the trendline with 10% profit Potential
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Ern Getting Ready for massive Bounce Over all Moving In Symmetrical Triangle Breaking descending Channel In Lower Tfs Incase Of breakout expecting Move Towards 5$
ERNUSDTShort term chart. It might make a comeback for its upcoming down trend. Stop loss active.
Not financial advice. DYOR.
Huge Profit PotentialHuge Profit Potential. 10 X Risk to Reward Ratio.
Invest after your due research. Put Some money here and hold
ERN was a gamechanger7-star buy and sell signal caugh ERN pump perfectly. We always strive to filter out fake signals and help cut your losses. Whether you are a beginner or professional trader, 7-star always be a guiding light to your trading strategy. Next time when your alerts trigger we make sure that they come to gain you profits.
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