ENAUSDT Perpetual ContractAtualizado ENA LONG/SHORT Strategy on 4 Hour (and long-term TP's)
For some short term plays:
I always have limit orders placed at FVG's and ENA has just posted two big FVG's on the 4HR chart as it recovers from this weeks volatility.
I'd be expecting these to be filled/touched at some point, with the 0.618 FIB also playing a role I think a reasonable buy would be at the ~1.0159 mark. If the price continues to rally to ~1.23 I may go short if OBV (yellow line is 14 EMA) indicates so. I have a limit order buy at this level but will need to confirm with OBV (I also have Stoch OBV, OBV RSI for confirmations not shown here).
Why this may be not happen? A very strong project with great potential to reach new all time highs. Price could easily keep running based on its fundamentals alone.
A long term perspective:
I've got take profit targets at 1.73, 1.97, 2.67, 3.81 and 4.94 for my long term positions.
I always have limit orders placed at FVG's and ENA has just posted two big FVG's on the 4HR chart as it recovers from this weeks volatility.
I'd be expecting these to be filled/touched at some point, with the 0.618 FIB also playing a role I think a reasonable buy would be at the ~1.0159 mark. If the price continues to rally to ~1.23 I may go short if OBV (yellow line is 14 EMA) indicates so. I have a limit order buy at this level but will need to confirm with OBV (I also have Stoch OBV, OBV RSI for confirmations not shown here).
Why this may be not happen? A very strong project with great potential to reach new all time highs. Price could easily keep running based on its fundamentals alone.
A long term perspective:
I've got take profit targets at 1.73, 1.97, 2.67, 3.81 and 4.94 for my long term positions.
Trade ativo
First FVG got touched at ~0.99, now looking at breaking ~1.14 to keep moving upwards. If price goes down, we may retest ~0.859 but that would be very bearish in nature. I would be expecting the next run up to break through ~1.239 (Fib 0.786) and this will become new support.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.