V0VOLAN

ERN not bothered by bitcoin moves

Long
BINANCE:ERNUSDT   ERN / TetherUS
There's not much price history on tradingview, but ERN is moving in an ascending channel formed 23/05 - 07/07 (2021) and is currently bottoming inside of it.

Even though bitcoin pulled back yesterday, the price doesn't seem to care about this fact at all, as it's consolidating on a local support. (sign of strength)

MFI bullish divergence is visible across all standard hourly timeframes.

I'm expecting a potential move to the upside soon. (unless bitcoin dumps now)

Not posting specific entries here, because I feel like the market is getting to the point where it either pumps or dumps from here.. Let's see what happens.


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