The initial entry was made earlier. A new entry point is identified between 0.31 and 0.33, with a stop-loss set at 0.28. The target remains higher.
Gradual increase in volume indicates that it may be the right time to consider a position.
#ENA #BTC #USDT
ENA ~ 12H
#ENA Successfully broke through the resistance of this descending pattern.
Buy in stages. bulls will continue to push the price as long as it is above this resistance.
Falling Channel Pattern is Breakout and Uptrend Continuation. 1st Target is the 0.618 Fibonacci level price at 0.70091110 USD. Offering the chance to Achieve +62% Percentage Profit. And 2nd Target is the Downtrend line Top. Offering the potential to Achieve a +149% Percentage PROFIT.
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Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument—the 'Internet Bond'.
Anyway, ENA is still young, and not enough candles are there to paint the big picture. But ENA's...
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.
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,...
📊Analysis by AhmadArz:
🔍Entry: 0.807
🛑Stop Loss: 0.701
🎯Take Profit: 0.924 - 1.036 - 1.208 - 1.293
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Ethena has been in a downtrend for some time recently, but technicals are looking up right now. If we can maintain this momentum, and have this IHS play out, we could rip higher to the first profit target shown, then maybe way higher. We will see. Volatility is also very constricted and tight on this cryptocurrency right now.
And as everyone here knows... Low...
ENA ~ 8H
#ENA It is very interesting to pay attention to the pattern that is occurring in $Ethena. This pattern is getting narrower, We expect a Break of the resistance Line of this pattern and the Bulls take control.
We're setting up a swing entry for $BINANCE:ENAUSDT. There are several reasons for this decision, including the fact that we've captured all the buy-side liquidity we had previously marked and reclaimed these demand zones. Recently, we observed a Stop Fishing Point (SFP) during the second dip and now anticipate rising at least to the supply levels between $1.26...
While the bull run is ongoing, ENA will keep pumping. Dive into the details of the synthetic dollar project. Many compare it to LUNA, but a crucial difference lies in the fact that during the 2021 bull run, LUNA saw hundreds of multiples before resetting.
The lead investors are major CEX platforms and market makers, so I believe it could inflate significantly...
📊Analysis by AhmadArz:
🔍Entry: 1.281
🛑Stop Loss: 1.167
🎯Take Profit: 1.375-1.476-1.616-1.870
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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📈Today, I want to analyze the Ethena(ENA) project . Ethena(ENA) started to increase after the news " Ethena Labs' USDe Increases Rewards to Users by 50% ". Now we want to see if Ethena(ENA) continues to increase or not ❗️❓
📚 What is the Ethena(ENA)❗️❓
🔸 Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for...
SOO, nowdayz good projects are rarity, but ENA is what u want to hold, I guess.
Binance was very kind and generous(NO) to let us farm some tokens, and its brand new thin', we all wanna pick up.
ANYWAY
To be honest, I don’t like everything related to ETH and its commissions, I also associate the word ETHENA with something bad, and you will understand this if you...
