Ena Ethena Premium SignalWhile 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 first, but then we'll have to keep an eye out.
ENAUSDT
ENA: best levels📊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."
🚀Please boost and💬 comment to share your thoughts with us!
🔔Ethena(ENA) Is Ready to Go Down🔔📈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 money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument — the 'Internet Bond'.
✅ Ethena(ENA) has responded well to the 🟡 Potential Reversal Zone(PRZ) 🟡, and is starting to fall.
💡Also, Regular Divergence(RD-) can be seen between two successive peaks .
🌊According to Elliott's wave theory, Etna seems to have completed the main wave B with a Zigzag(ABC/5-3-5) .
💡Let's look at the ENABTC chart for a better final decision .
🔔 ENABTC has reacted well to the 🔴 Resistance zone 🔴, and I expect ENABTC to go down to at least the support line most likely to be broken.👇
🔔I expect Ethena(ENA) to continue falling to the 🟢 Support zone($1.08-$1.04) 🟢 after breaking the Support lines .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Ethena Analyze ( ENAUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#ENA/USDT#ENA
The price is moving in a triangle with a strong support area at 0.880, and the price has already bounced from it, breaking the downtrend.
We also have a trend in the RSI that has been broken to the upside
A moderate rise is expected over 3 levels
Entry price is 0.97
The first goal is 1.03
Second goal 1.14
The third goal is 1.25
#ENA/USDT#ENA
We have a new currency issued with strong competition to USDT.
Some correction is expected to the $1 level on a 1-hour frame to touch the rising trend and gain momentum to rise again.
We have a downtrend on the RSI indicator that is about to touch it again
We have a higher stability moving average of 100
Entry price is 1.00
The first goal is 1.12
Second goal 1.33
The third goal is 1.50
ENA NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that ENA has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.