This is just an update on the previous setup posted
Setup playing out perfectly!
> Retraced exactly from the mentioned support .94, went up by almost 20%
> Got rejected exactly from the given short entry (.618 Fibonacci level), dropped by almost 26% so far
It's currently sitting at support, however, this would likely to break.
Bitcoin has to hold 64k...
BINANCE:ENAUSDT
📈ENAUSDT 49Min Long Setup📈
⚡️Quick long position with High risk status.⚡️
TP 1-2-3-4 and SL are on the chart.
The Alternate scenario is also plotted on the chart.
⚠️Don't forget to de-risk your positions.⚠️
#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...
Please do your own analysis. Falling wedge is a bullish chart pattern and target key levels are mentioned. Manage your risk according to your portfolio before taking any type of trade.
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 Bullish pennant Breakout has already Done in 8H Timeframe ✅
Retesting in process ✍️
Expecting 60%Bullish wave in Coming day's 🚀
#ENA is currently trading within a falling wedge pattern
It faced rejection from the trendline resistance
Currently approaching the support trendline of the wedge
A definitive bounce is required to confirm the next upside move
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.
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Welcome to this ENA/USDT Trade setup!
According to the chart, it breaks out from the triangle and a retest is also done. The green area is good for accumulation. Buy some here and add more in the dip.
Entry range:- $0.76-$0.84
Target:-...
Ena forms a 3 drive failure which could emerge into a trippple bottom.
I see a relief bounce from here -> trigger: 2-3 consecutive closes on the hourly above trendline.
From there any dip is a buy until first upper liquidity is taken.
LVN (In the chart marked as HVN i guess) is the fierst trouble area. confluence with 200 MA on the H1.
The green pattern is not a very reliable pattern at the moment, but
it is still a pattern and there is a possibility of growth.
It is monitored by observing the STOP LESSS ( L S )
#ENA
The price is moving in a bearish channel pattern on a 1-hour frame and sticking to it well
After bouncing from a major support area in green at the level of 0.868, which is a very strong area
We have an upward trend to touch the Moving Average 100 at the second target
We have a downtrend on the RSI indicator that the price depends on
Entry price is...
Heard this was the tia of q2
Ifso then it will pull many multiples after breaching aths
Scraping the low support here...
Bullish appetite returning to the market think we bounce this heavily this week tbh
Hello Trader BINANCE:ENAUSDT.P
The liquidity area for retail has been touched, but it is still possible to bounce back in the strong base support area in the 4 hour swing time frame area
take profit 37%
stop loss 5%
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Disclamer: Not Financial Advice
Hello everyone, the Bitcoin halving is done, and it looks like the pre-halving bottom is also in place. Bitcoin dominance is rejecting its crucial resistance, so it's a good time to invest in alts. I'll try to share some good setups here in the next few days.
Here is the first setup of ENA/USDT. The chart looks good, forming a descending triangle. The breakout...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About ENA
(Update)
The Falling Wedge Breakout Has Done In 2H Timeframe⚡️
Expecting Massive Bullish Wave Towards 60% In Few Days✍️
