mike07722

Bullish triangle setup for quick pump scalp

Long
BINANCE:ERNUSDT   ERN / TetherUS
Since it pumped two weeks ago, ERN has been trading inside this triangle. Looks like a setup for a quick move upward before a larger correction and a continuation of the bear trend in line with the rest of the market. I think it's possible to have a 40% pump, if not more, but this would only be a quick scalp. I wouldn't forget to set a stop-loss though. But if ERN does hit a new high, then it will probably be time to short again.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.