$ENA has been quite unpredictable lately, but I've noticed some patterns, including a Fibonacci pattern and changes in flag patterns (from a bullish flag to a rising wedge/ascending triangle).
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I want to share my analysis with you all, but keep in mind that I only rely on daily analysis, and ENA hasn't reached that point yetโit's only reached 8-hour analysis.
If it starts following the predicted track by the end of the day, then you can consider it as a guideline.
Just a heads up, my drawings may not be 100% accurate. Also, ENA is entering the Exness market by April 11th, and it's currently in the mining and staking process.
I'm predicting two scenarios:
1. ENA could be released at a lower price than the current one, allowing investors to profit upon release. This forms a rising wedge pattern with an expected price between 0.60-0.90 upon release.
2. The second scenario is an ascending triangle with an expected price pump over $2 following the release. Although the waves are quite wide for an ascending triangle, some people have mentioned that in comments, so I had to include it.
Let's wait and see what happens. It could either be an uprise or a downfall. Good luck, everyone! #Write2Earn