$ERA
Setup 1: BUY / LONG (Main Setup)
Setup Level
Buy Entry 0,07050 - 0,07150 (1H Mid Boll area + retest of the 4H Upper Boll that was broken through)
Second Buy Entry (if it drops deeply) 0,06750 (4H Mid Boll)
Stop Loss 0,06450 (24-hour low, below strong support)
Take Profit 1 0,07762 (24-hour high)
Take Profit 2 0,08355 (1H Upper Boll)
Take Profit 3 0,09307 (resistance from the previous spike)
Risk : Reward Around 1 : 2,5 if entering at 0,0710
Invalidation: If the 4H candle closes below 0,06450, cancel the Long setup. That means the bounce is over.
Setup 2: SELL / SHORT (Counter-Trend Setup, High Risk)
For quick scalping only, since it goes against the 4H trend.
Setup Level
Sell Entry 0,07750 - 0,07850 (if the price fails to break through the 24-hour high and a rejection candle appears on the 1H)
Stop Loss 0,08165 (above the 1H Upper Boll)
Take Profit 1 0,07136 (1H Mid Boll)
Take Profit 2 0,06750 (4H Mid Boll)
Risk : Reward. Around 1 : 1,8
Condition: Don't Short if the price is still hugging above 0,07517 and volume is still high. Wait for rejection confirmation first: a long red candle + 1H RSI falling from 65 to below 55.
\u003e My plan:
\u003e LONG on a pullback to 0,0705 - 0,0715, SL 0,0645, TP 0,0776 / 0,0835
\u003e SHORT scalp only if it fails to break through 0,0776, targeting 0,0713
\u003e Remember, the larger trend is still down -47% in 180 days. This is just a bounce, not a full reversal. Manage risk, max 1-2% per trade.
\u003e What do you think, will ERA continue to 0,083 or correct first to 0,067? Comment below. DYOR
#ERA #ERAUSDT #Crypto #Caldera
Setup 1: BUY / LONG (Main Setup)
Setup Level
Buy Entry 0,07050 - 0,07150 (1H Mid Boll area + retest of the 4H Upper Boll that was broken through)
Second Buy Entry (if it drops deeply) 0,06750 (4H Mid Boll)
Stop Loss 0,06450 (24-hour low, below strong support)
Take Profit 1 0,07762 (24-hour high)
Take Profit 2 0,08355 (1H Upper Boll)
Take Profit 3 0,09307 (resistance from the previous spike)
Risk : Reward Around 1 : 2,5 if entering at 0,0710
Invalidation: If the 4H candle closes below 0,06450, cancel the Long setup. That means the bounce is over.
Setup 2: SELL / SHORT (Counter-Trend Setup, High Risk)
For quick scalping only, since it goes against the 4H trend.
Setup Level
Sell Entry 0,07750 - 0,07850 (if the price fails to break through the 24-hour high and a rejection candle appears on the 1H)
Stop Loss 0,08165 (above the 1H Upper Boll)
Take Profit 1 0,07136 (1H Mid Boll)
Take Profit 2 0,06750 (4H Mid Boll)
Risk : Reward. Around 1 : 1,8
Condition: Don't Short if the price is still hugging above 0,07517 and volume is still high. Wait for rejection confirmation first: a long red candle + 1H RSI falling from 65 to below 55.
\u003e My plan:
\u003e LONG on a pullback to 0,0705 - 0,0715, SL 0,0645, TP 0,0776 / 0,0835
\u003e SHORT scalp only if it fails to break through 0,0776, targeting 0,0713
\u003e Remember, the larger trend is still down -47% in 180 days. This is just a bounce, not a full reversal. Manage risk, max 1-2% per trade.
\u003e What do you think, will ERA continue to 0,083 or correct first to 0,067? Comment below. DYOR
#ERA #ERAUSDT #Crypto #Caldera
