ENA / USDT Preparing for a big move Target : $1 - $2 | CryptoVerse113 on Binance Square

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ENA / USDT Preparing for a big move 
Target : $1 - $2

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

ENA

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+1.96%

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Trends are mixed but improving after it had a bullish breakout from Falling Wedge pattern. Now the price has pulled back. We would be buyers on pullback near $4.00 support, with +50% potential upside back to $6.00. (Set a price alert) This is a riskier trade setup because it’s a trend reversal not a trend continuation setup.

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There are signs of trend reversal. Price had a bullish breakout from Channel Down pattern and reached our target of $2.00 for +30% gain. That $2.00 horizontal resistance also lines up with a 200-day moving average (~$2.10), which makes for a stiff resistance area. Now we look for the right entry opportunity. We wait for price to either 1) break above $2.10 to signal resumption of Uptrend, with +23% upside potential to $2.50 next, or 2) pull back near $1.50 support for another swing trade entry with upside potential back to $2.00. Stop Loss at $1.26. (Set a price alert). Stacks (STX) is a platform for scaling and building on top of Bitcoin.

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Technicals on #XVS looking super bullish ready for a ride 🚀

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#WIFUSDT UPDATE WIF is gaining strong momentum, and a breakout from the descending channel could lead to new highs. Don't miss out on this potential move! A breakout would signal a powerful bullish confirmation, so stay alert and keep an eye on the action.

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💰 Once WIF/USDT breaks above the trendline, we can aim for a price range of $2 to $3.

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