ENAUSDT.PENAUSDT.P is in bearish trend.
Potentially printing LH and LL.
No sign of reversal here.
We did not wait for the breakout we sell at CMP.
ENAUSDT.P trade ideas
ENA in the past bull run....In the past bull run saw LTO and INJ taking off out of a similar PA.
0.4 ish price is key to be held.
ENAUSDTWe can attempt to buy ENAUSDT from specified level as it make HL , also 0.5 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
ENA/USDTENA possible impulse continuation aligning with current state of market, after break and retest of its previous structure.trade with care.
ENAUSDT 1DENA ~ 1D
#ENA Down -77%+ from its highest peak. this is a very good Token. we will start accumulating it from now on.
#ENA/USDT#ENA
The price is moving below a downtrend on a 1-hour frame, and the trend is being tested now and is about to break to the upside.
We have a bounce from the green support area at 0.340
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.350
The first goal is 0.411
The second goal is 0.453
The third goal is 0.495
ENAUSDTif you wanted to get bullish on ethena
this is where youd start looking imo
apparently highest revenue drawing app in crypto..
#ENA/USDT#ENA
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 0.470
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.500
The first goal is 0.566
The second goal is 0.618
Third goal: 0.672
ENA PriceOn daily charts, ENA persisted in forming the lower low swings and established a falling wedge pattern. Nonetheless, the ENA crypto is set to retest its ATL mark of $0.300 in the upcoming sessions.
Bearish Signal in ENAUSDT: Market Volatility Ahead! Exciting Developments in ENAUSDT! 🌟
At 15:00 CET, Van Rojas Capital's sell signal on ENAUSDT sparked attention at a price of 0.5460:
ENA token holders are witnessing pivotal changes as the Enadeus DAO introduces innovative mechanisms to enhance user participation and governance. The recent updates aim to fortify the decentralized financial ecosystem, promising greater transparency and inclusivity.
Recent News:
Price Movements: The price of Ethena (ENA) has seen significant volatility, recently hitting an all-time low of $0.5181 before slightly recovering. Over the past 24 hours, the price has fluctuated between $0.533 and $0.574 (CoinMarketCap) (CoinCodex).
Market Performance: ENA has experienced a decline of 7.9% in the last 24 hours and an 11.8% drop over the past week, reflecting the broader market trends and investor sentiment (CoinGecko) (Coinbase).
Integration and Developments: Ethena Labs is integrating its synthetic dollar (USDe) with new platforms, which has generated both interest and volatility in its price. This integration aims to provide a crypto-native solution for decentralized finance that is not dependent on traditional banking infrastructure (CoinCodex) (LiveCoinWatch).
For those eager to track the AI Robot trades live, thrilling times ahead! Stay tuned for more updates. 📉💫 #Crypto #ENAUSDT #Finance
ENAUSDT 1DWe are buying some #ENA here at its support zone. It has formed a large falling wedge pattern on the daily chart. We believe #ENA has the potential to be our next 3X coin. The targets are:
$0.672
$0.843
$1.021
$1.166
$1.310
$1.515
$1.777
Alikze »» ENA | Pullback to broken structureIn time 1D and 8H, it has faced demand after supporting in the golden zone.
💎 According to the momentum and upward guard, if it is issued in the 8H period after meeting with the pullback trigger line to the golden limit, it can continue to grow up to the Fibo range of 0.78 after the support in the first step, and then this growth can continue up to the supply area. slow down
💎 Alternative scenario: if the golden zone and the range of 0.68 are broken, the correction can extend up to the range of 0.58 and the green box.
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#ENA/USDT is trying to break the Diagonal Trendline in 4-Hour TF#ENA/USDT is trying to break the Diagonal Trendline in 4-Hour TF!
XETR:ENA is holding PWL $0.545 as a support level. It will now pump hard. Wait for BO/retest to open a long position.
Market Amplifier ---- ENAAfter losing the chance to break ATH, BTC continued to lead the market lower. Almost all altcoins have entered a downward channel.
Today we will talk about ENA (Ethena), which is a meaningful project. Ethena is building derivative infrastructure to enable Ethereum to transform into the Global Internet Bond via delta-neutral positions on stETH, to create the first crypto-native, yield bearing stablecoin: USDe.
The long position of USDe captures the income from the ETH staking return, while the short position captures the income from the ETH funding rate. During a bull market, funding rates are generally paid by longs to shorts. Under such a structure, USDe’s gains reached 30%+ at the beginning of this year. The upward spiral structure in the bull market has led Ethena to be called a market amplifier, and has been compared to Luna.
But when the market turns bearish, short sellers begin to pay funding rates, covering the ETH staking income and generating losses. In order to avoid losses, Ethena established a Reserve Fund and used part of its income to resist funding rate expenses when the market fell. So although BTC fell below 63,000 yesterday, USDe's APY is still greater than 10%.
USDe’s current supply reaches 160 million, ranking fourth among stable coins. But the daily trading volume is less than $30 million. In contrast, FDUSD, which ranks fifth on supply, although its market value is lower than USDe, has a daily trading volume of nearly 1.12 billion US dollars. Therefore, Ethena needs to find more cooperation to solve the utility of USDe. In this way, USDe can be converted from an investment certificate to a stable tokens.
It can also be seen from the price trend of ENA that the issue of utility is the most important. So USDe’s APR did not avoid ENA’s decline. At the 4h level, the TSB indicator prompted a SELL signal on June 8, and then ENA was in a downward channel again. Wavy areas provide resistance.
In summary, we believe that Ethena temporarily lacks utility, and the market uses USDe more as investment certificates. The utility issue is being resolved and BTC is rising again. Then the role of the market amplifier will also be reflected in the price of ENA.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Long Idea on ENAok, I need to describe the damn thing, I came in, I just believe in the high season now (I will duplicate the description in coins that I will take)
Chart Idea - ENAUSDT Swing LongChart Idea - ENAUSDT Swing Long
Self Explanatory chart. Will keep building this position and move SL to previous resistance break out areas. It's a swing trade and can take weeks to play out.
Will update!
Ethena Update First entry at .69 got trigged, either we move back to $1 in the liquidity area or not I hope prices reaches lower level for better entries.
Bullish on ENA overal for the next pump so the plan is to accumulate as much as possible between now and .44. If there is a drastic drop lower I ll get in with any liquidity I can find.
ENA ANALYSIS (4H)It looks like we have a large diametric that we are now in wave E of.
Keeping the red range is expected to complete wave E.
It can also complete the F wave by maintaining the green range.
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
ENAENA has formed harmonic pattern
the price will have correction soon before achieving double profit
good entry when BTC will dumb
be careful and keep stop lose
ENA + ETH ETFs = massive growthENA is currently in a wonderful position, the chart says it all. Together with the upcoming ETFs of ETH, ETH is going to sky rocket and to be traded all around massively. With the promises of Vitalik to its users to decrease fees. The more ETH is traded, the higher ENA grow.
Please note that this is just a personal idea and not an advice. I do not take any responsibility, nor here to tell you what to do. I have an idea, you may take it and be Bullish or Bearish, it is up to you.
#ENA/USDT is heading towards the bullish OB#ENA/USDT is heading towards the bullish OB and strong support level of PML 0.6515 in 4-hour TF!
Waiting for a sweep below and reclaim to open a long position. XETR:ENA local resistance level is PDH $0.83.
