ENAUSDT trade ideas
ENA: flag pattern📊Analysis by AhmadArz:
🔍Entry: 0.807
🛑Stop Loss: 0.701
🎯Take Profit: 0.924 - 1.036 - 1.208 - 1.293
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#ENA Ignited: Don't Miss Out on This Buy Trade!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
ENAUSDT 4H#ENA has broken the falling wedge pattern on 4H timeframe. Now it is testing the Ichimoku cloud. In case of a successful breakout, we expect 70% ~ 80% bullish wave. Targets are:
$0.921
$1.036
$1.129
$1.222
$1.354
$1.523
ENA/USDT TRADE SETUP! READY FOR ATH!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to this ENA/USDT Trade setup!
According to the chart, it breaks out from the triangle and a retest is also done. The green area is good for accumulation. Buy some here and add more in the dip.
Entry range:- $0.76-$0.84
Target:- $0.94/$1.10/$1.26/$1.4
Share your views in the comment section.
Thank You!
#ENA is currently trading within a falling wedge pattern It fac#ENA is currently trading within a falling wedge pattern
It faced rejection from the trendline resistance
Currently approaching the support trendline of the wedge
A definitive bounce is required to confirm the next upside move
Falling Wedge Chart PatternPlease do your own analysis. Falling wedge is a bullish chart pattern and target key levels are mentioned. Manage your risk according to your portfolio before taking any type of trade.
A PATTERNThe green pattern is not a very reliable pattern at the moment, but
it is still a pattern and there is a possibility of growth.
It is monitored by observing the STOP LESSS ( L S )
ENA - local BottomEna forms a 3 drive failure which could emerge into a trippple bottom.
I see a relief bounce from here -> trigger: 2-3 consecutive closes on the hourly above trendline.
From there any dip is a buy until first upper liquidity is taken.
LVN (In the chart marked as HVN i guess) is the fierst trouble area. confluence with 200 MA on the H1.
ENAUSD 8HENA ~ 8H
#ENA It is very interesting to pay attention to the pattern that is occurring in $Ethena. This pattern is getting narrower, We expect a Break of the resistance Line of this pattern and the Bulls take control.
$ENA still has room to the downsideThis is just an update on the previous setup posted
Setup playing out perfectly!
> Retraced exactly from the mentioned support .94, went up by almost 20%
> Got rejected exactly from the given short entry (.618 Fibonacci level), dropped by almost 26% so far
It's currently sitting at support, however, this would likely to break.
Bitcoin has to hold 64k level, otherwise, we can see XETR:ENA drop further to our initial short target .70
Final target: .54 to .50 (if it gives)
📈Long Setup on ENAUSDT📉BINANCE:ENAUSDT
📈ENAUSDT 49Min Long Setup📈
⚡️Quick long position with High risk status.⚡️
TP 1-2-3-4 and SL are on the chart.
The Alternate scenario is also plotted on the chart.
⚠️Don't forget to de-risk your positions.⚠️
EnausdtHeard this was the tia of q2
Ifso then it will pull many multiples after breaching aths
Scraping the low support here...
Bullish appetite returning to the market think we bounce this heavily this week tbh
ENAUSDT.PHello Trader BINANCE:ENAUSDT.P
The liquidity area for retail has been touched, but it is still possible to bounce back in the strong base support area in the 4 hour swing time frame area
take profit 37%
stop loss 5%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
#ENA/USDT may retest the $1.045 support, with potential for a bo#ENA/USDT may retest the $1.045 support, with potential for a bounce towards $1.5 if the support level holds🧐
#ENA/USDT#ENA
The price is moving in a bearish channel pattern on a 1-hour frame and sticking to it well
After bouncing from a major support area in green at the level of 0.868, which is a very strong area
We have an upward trend to touch the Moving Average 100 at the second target
We have a downtrend on the RSI indicator that the price depends on
Entry price is 0.860
The first goal is 0.933
Second goal 1.03
Third goal 1.15
ENA/USDT TRADE SETUP! READY FOR A 100% PUMP!!Hello everyone, the Bitcoin halving is done, and it looks like the pre-halving bottom is also in place. Bitcoin dominance is rejecting its crucial resistance, so it's a good time to invest in alts. I'll try to share some good setups here in the next few days.
Here is the first setup of ENA/USDT. The chart looks good, forming a descending triangle. The breakout has occurred, and currently, it is retesting. Buy some here and add more on the dip.
Entry range: $1-$1.1 Target 1: $1.2 Target 2: $1.36 Target 3: $1.52 Target: $2.0
Stop Loss: $0.92
Use low leverage (2x-4x).
If you like this idea, please support it with a like and comment. Also, don't forget to press the follow button for more trade setups.
Thank you!
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.
Is Bottom In for $ENA?XETR:ENA dropped significantly by almost 47% from its local high
If we can hold .94 to .90 here (green box) , more likely will retest 1.14 to 1.20 (.618 Fibonacci level)
Any strong rejection at this level is a SHORT opportunity targeting .70 area
Final target: .54 to .50 (if it gives)
$ENA Breakout Falling wedge in 2hr TF ** XETR:ENA Breakout Falling wedge in 2hr TF **
Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow:
1. **Identify the Falling Wedge:**
- Look for a downtrend in the price movement.
- Identify converging trendlines where the upper trendline (resistance) slopes down at a steeper angle than the lower trendline (support).
- The pattern resembles a wedge pointing downwards.
2. **Confirm the Falling Wedge:**
- Confirm the pattern using other technical indicators like volume. Ideally, during the formation of a falling wedge, the trading volume should decrease.
3. **Wait for Breakout:**
- Patiently wait for a breakout to occur. Breakout refers to the point where the price moves above the upper trendline of the falling wedge.
- The breakout should ideally be accompanied by a noticeable increase in trading volume, confirming the strength of the breakout.
4. **Entry Point:**
- Enter a long (buy) position as soon as the price breaks above the upper trendline.
- Some traders prefer to wait for a confirmed close above the upper trendline to reduce the risk of false breakouts.
5. **Stop-Loss Placement:**
- Set a stop-loss order below the lower trendline or a recent swing low. This helps limit potential losses in case the breakout fails and the price moves back into the wedge.
6. **Target Price:**
- Determine a target price based on the height of the wedge. Measure the distance from the widest part of the wedge to the starting point of the wedge and project that distance upwards from the breakout point.
Remember that trading always involves risks, and it's crucial to have a well-thought-out strategy, risk management plan, and the discipline to stick to your plan.
ENA - Demand Zone got hit!After the big surge the last week ENA grabbed all the resting liquidity in an Elevator like downmovement. Now it seems as if we found the bottom on this wave 2 here with and SFP slightly touching the Demand 30m zone. Lovely reaction and now we got an 1H FVG
and an 1H Demand sitting right here.
Let's see how it plays out.
ENA EYES ON 40% GROWTHENA is one of those coins which recovered fast after huge dump, currently showing bullishness.
Successful momentum might lead towards 1.50
Short on ENA/USDTWe got ENA/USDT on 1Hour chart.
After climbing up in a Rising Wedge Looks like the top is in for now and the price is getting ready to fall in the green zone.
Never forget to set a tight stop loss in your trade, good luck.
