Enausdtrading
ENAUSDT 1H LONG (UPdate/Results)Due to the arrival of new variables from the market , key targets and entry were be changed. A similar situation was carried out on the LTC coin (in the previous review)
The price delivery range reached the daily POI and was maintained due to large limit purchases. A long position was opened from this range with the target at the CHoCH level
The position from the main review becomes no longer relevant:
ENAUSDT 1H LONGENA looks cheerful and even very good. Taking into account the situation on the cryptocurrency, this trading instrument remains positive, both fundamental and market.
Rebalancing FGV and retest OB (bullish inefficiency) can create good conditions for finding a long setup.
An example of work is shown on the trading chart
Targets:
- $0.4300
- $0.4528
- $0.4801
Risk management - 1% on stop order
ENAUSD: Buy signal at the bottom of the Megaphone.Ethena just turned neutral on its 1D technical outlook (RSI = 47.814, MACD = -0.029, ADX = 25.505), which considering the +8% rise today, signifies the enormous upside potential of this coin. This is expected as the long term pattern is a Bullish Megaphone nonetheless. Each of the two HH formations on its top, where on the 4.0 Fibonacci extension. Buy and target the 4.0 Fib (TP = 2.4000).
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