ENA/USDTThis idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1-3% on deposit
- R/R min 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
ENA
#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
Eat No Ants: Ethena outlookSOO, 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 visit their website.
THAT'S WHY
only speculative interest
I assume a diagonal, I also indicated the zone of the maximum correction of wave 2, but I only have a Binance chart, so everything may not go according to plan at all. We are waiting for confirmations, divergences and points to build a channel
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.
Ena chartThis is not financial device. This is done using an experimental method that I developed over the years. It shows the key levels of the coin
