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

Trade active

Comment:

Ka-boom

Comment:

double bottom prints

Trade active

Comment:

Anyone know what this candlestick pattern is on the 3-day chart below?
This particular pattern has a name and it has confirmed.

3-day

Trade active

Comment:

Keep holding until $10.

Comment:

Circa 50 days ago it was asked:

"Anyone know what this candlestick pattern is on the 3-day chart below?
This particular pattern has a name and it has confirmed."

Congratulations if you identified it correctly. It is called a Hook Reversal Pattern. Price action is now up 300% since it confirmed.

3-day

Comment:

Almost there, come on emotional buyers... your exit liquidity is needed!

Trade closed manually:

Hope no one is still holding this since last update...