ENA is a diamond rocketThis analysis is an update of the analysis you see in the "Related Ideas" section
With the completion of the G wave, we expect to see the main uptrend of the ENA
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ENAUSD
ENA ANALYSIS (4H)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 first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ENAUSD Breaks Out of Falling Wedge PatternENAUSD 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, typically concludes with a bullish breakout, indicating potential for substantial price gains. Market participants are now eyeing further upward momentum in ENAUSD, considering this breakout as a pivotal turning point that could lead to sustained higher prices.
ETHENA looks ready to head up. Bullish.
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 Volatility proceeds by Volatility.
Not Financial Advice. Do all of your own research. For me these are long term holds. Not "Trades". Risk Management still applies. Happy Hunting ; )
Ethena (ENA): Why we’re betting BIG on this dip!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 and $1.40. This is the range we are targeting. Additionally, we believe this could be a very interesting coin in the coming days or weeks. Therefore, this is our swing entry on a lower time frame for ENA.