ENA seems to have entered a large diametric.
Now we seem to be inside the E wave of this diametric.
We have a good range for buy/long positions, which is actually demand at the bottom of the chart.
Closing a daily candle below invalidation will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the...
ENA (ENAUSDT) found bullish support at $0.67. The price recently encountered resistance at $0.74. If ENA can break above this level, it could surge to $0.80 or even $0.87. However, if ENA fails to break through resistance, it could fall back down to its support level at $0.67.
ENAusdt, recently listed with limited data for comprehensive analysis, shows signs of forming a potential bullish pennant.
We anticipate an upside breakout, leading to a strong resistance at the significant supply zone. If this resistance holds and triggers a rejection, we may see the price decline towards a weaker demand area, potentially breaking down further...
What is Ethena (ENA)?
Ethena is building a derivative infrastructure to allow Ethereum to transform into a global internet bond via delta-neutral positions on stETH, creating the first cryptographic revenue-generating stable coin: USDE.
Website www.ethena.fi
Fundraising cryptorank.io
Westnig(unlocks) cryptorank.io
Athena allows users to deposit USD,...
This idea has a long-term profit target.
All targets are indicated on the graph.
- Risk 1-3% on deposit
- R/R min 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
ENAUSD has successfully broken out of a falling wedge pattern, a bullish chart formation that suggests a reversal from a downtrend to an uptrend. This breakout is a significant technical indicator that may attract increased attention from traders and investors. The falling wedge pattern, characterized by converging trend lines as prices progressively lower,...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about ENA
ENA Formed THE Falling wedge pattern in 8H Timeframe ✅
InCase of successful breakout Expecting 50% Bullish wave 🚀📈
Local resistance .74 to .76
Local support .66 to .64
If we can get a double bottom or take out the lows around .66 to .64, I'm looking to long targeting .80 to .84
#ENA
The price is moving in a bearish channel on a 1-hour frame, and it adheres to it well, and the price rebounded from the green zone at the price of 0.77.
The channel has been broken upwards and is being retested
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break...
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring ENAUSDT for a buying opportunity,
ENAUSDT UPDATE
Breakout and Retest of the Bullish Falling wedge pattern has almost completed in 8H timeframe✴️
Maximum chance to gain +80% profit💸 soon 💯 ✅ ✍️
Based on daily chart, ENA making new HH to form a reversal pattern. The entry level for ENA would be at 0.85 and there are a few TP area.
So, we can alert when the price achieve there (1.085, 1.210, 1.461)
#DYOR #ENA #NFA
ENA Analysis and Signal on 4H
🔵Entry Zone 0.662 - 0.684
🔴SL 0.6122
🟢TP1 0.7406
🟢TP2 0.8038
🟢TP3 0.8844
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your...
ENA ~ 12H
#ENA We are watching the movement in BINANCE:ENAUSD , It seems the best strategy for now, wait for this resistance line to be broken, and start buying gradually.
