Potential 39% gain in ERNUSDPotential 39% gain in ERNUSD.
This is due to a few reasons:
1. My custom Data Distribution script showed that the price of ERN was overextended on July 1st, meaning that a potential reversal was on the cards.
2. My custom Zero-Lag USI indicator has shown an entry signal (green arrow)
Key stats
Trading activity
Transactions 26
BuysSells
1016
Volume 11.87 KUSD
Buys volumeSells volume
3.85 K8.02 K
Traders 21
BuyersSellers
813
About ERNWETH_570FEB.USD
Related DEX pairs
$ERN Market Update📊 SEED_ALEXDRAYM_SHORTINTEREST1:ERN Market Update
Welcome to today's analysis! Let's break down the current price action on SEED_ALEXDRAYM_SHORTINTEREST1:ERN and potential trade setups.
🌐 Overview: SEED_ALEXDRAYM_SHORTINTEREST1:ERN Testing Key Resistance
📈 SEED_ALEXDRAYM_SHORTINTEREST1:ERN
Fomo on thisLow supply shltcoin
Supply shock inbound
Up 476% from Initial dapp offering at .25
Up 15% from exchange debut at 1.25
Down 98% from its all time high of 66
Volume is virtually non existent on the sellers side. Large buy orders appear to fluctuate from 1.44 to 1.45 .
Limit orders there (from
Ethernity Chain Bull PennantERN is poised for a potential rally to the 1.618% Fibonacci, suggesting gains up to (and beyond possibly) 80%. This may or may not happen, depending on the trajectory BTC makes in the near future. It would be prudent to set a limit sell around the 5.50 USD mark and cash out while you can in the even
Quick example of two possibilities Retracement or breakdownShort rally on hype. I don't expect people to hold too long.
High Potential for the future but i'm not ready to hold a long position.
Made some quick profit and i will buy the dip with said profit.
Most people just double there money and move on. Some buy and hold.
Others squeeze every gain they pos
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy