Bullish Bullish Bullish (if true) Dont wait for more dips j | Umer Waqar Ashraf on Binance Square

Trending Articles

Bookmarked and Liked

Umer Waqar Ashraf

--

Bullish Bullish Bullish (if true) Dont wait for more dips just buy and wait ✌🏾✌🏾
$ETH $ENA $ARB 
(DYOR)

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

706

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Umer Waqar Ashraf

@Square-Creator-edc36dbb00cbe

Explore More From Creator

Whale Alert 🚨🚨 $ETC Trade here for best output: $RSR $ENA

--

Time changes quickly 😂 Buy $ENA and enjoy ✌🏾 (DYOR)

--

$ENA i’m pretty much sure in coming couple of days this will make a healthy bullish rally. ✌🏾 let’s break this ENA/USDT 1D chart down with double bottom and double top patterns in mind. 1. Double Bottom (Bullish Reversal Pattern) • What it is: Price hits a low, bounces up, then comes back to test the same low, and bounces again — forming a “W” shape. • In this case • The first bottom happened near 0.55–0.56 (left side). • The second bottom was almost at the same level after a small rally (middle section). • Breaking above the “middle peak” of the W (around 0.65) confirmed the bullish breakout, leading to the strong rally towards 0.85. ✅ This explains the strong upward move you saw before the recent drop. ⸻ 2. Double Top (Bearish Reversal Pattern) • What it is: Price hits a high, drops slightly, rallies again to the same high, then reverses down — forming an “M” shape. • In this chart • The first top was around 0.85. • The second top came almost at the same level (slightly lower), showing rejection. • Once price broke below the neckline near 0.75, it triggered a bearish move towards 0.68 (current level). ⚠️ If this plays out fully, the measured move target from the double top could be 0.65–0.64. ⸻ Current Situation • near support at 0.68. • If this holds and we see buying pressure, the market may attempt a bounce. • If 0.68 breaks down, next major support is 0.65 and then 0.62. ⸻ Trading Outlook Bullish Bounce Play (If Support Holds) • Entry: Above 0.6950 after bounce confirmation. • Targets: 0.73 → 0.75. • Stop Loss: Below 0.68. Bearish Breakdown Play (If Support Fails) • Entry: Below 0.68 with strong volume. • Targets: 0.65 → 0.62. • Stop Loss: Above 0.70.

--

$ENA Chart Observations • Current Price: 0.7479 (Up +4.60% in last 24h) • Recent High: 0.8555 (strong resistance) • Recent Low: 0.6109 (major support) • MA(7): 0.7324 — price is trading above short-term moving average → early bullish signal. • MA(25): 0.7752 — still above current price, so medium-term trend is slightly bearish until broken. • MA(99): 0.6627 — price is well above long-term support, showing overall uptrend intact. ⸻ Price Action & Trend • After peaking at 0.8555, price retraced heavily, finding temporary support around 0.6945. • The current candles are showing higher lows after the drop, suggesting accumulation. • Volume is picking up slightly on green candles, indicating buying interest. ⸻ Key Levels • Immediate Resistance: 0.7550 → short-term breakout confirmation above this. • Strong Resistance: 0.7750 (MA25) & 0.8100 (psychological level). • Immediate Support: 0.7320 (MA7 & recent consolidation). • Major Support: 0.6950 → breakdown here could retest 0.6620 (MA99). ⸻ Trade Setup Bullish Scenario (Breakout Play): • Entry: Above 0.7550 with volume confirmation. • Targets: 0.7750 → 0.8100 → 0.8550. • Stop Loss: Below 0.7320. Summary Right now, ENA is recovering from a pullback and is at a decision point — a breakout above 0.7550 could flip momentum bullish again, while rejection here could mean more sideways/downward movement. Short-term traders should watch volume closely before entering.

--

$ENA strong recovery by this coin after an attack on crypto market. Trade here $ENA $ETH Coming week will be extra bullish. Mark my words.

--

Latest News

Basel Committee's Capital Rules Impact Crypto Industry Growth

--

Ethereum(ETH) Drops Below 4,400 USDT with a 0.83% Decrease in 24 Hours

--

Crypto Investor Faces Significant Losses Amid Market Fluctuations

--

Bitcoin Surges to New Highs Amid Institutional and Government Support

--

Whale Investor Takes Significant Leveraged Position in Ethereum

--

Trending Articles

XRP COIN UPDATE 😮

🚀 From $3,000 to $300,000: The 3-Step Strategy Most Traders Get

🚨 Trump–Putin Summit Sparks Fury in Washington as Russia Dodges Sanctions with Crypto

The Altcoin Season Truth No One Is Telling You

💚 My $PEPE 12.000 bag just pumped hard! 🚀 Don’t miss the n

Bert Stastny HViA

Cookie Preferences

Cookie Preferences