#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...
#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.
Expecting trendline test In daily timeframe Incase Of Breakout expecting 150+% Bounce
Can buy And hold some for midterm
Place sl according Your Risk Reward Ratio
hey 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
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trade carefully guys and don't forget the risk management.
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hey traders
as u can see, im Very Bullish on ERN
in my vision and chart, 9$ is important, im taking this lvl as Minor Support and potential support area for next uptrend move
i think if bulls support ERN at 9$ , targets will b "12" "15" "17 " "20"
If Bears break the lvl, im expecting price go down and touch the Major support which is 5.3$
I have 2 say, if...
