This 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
ENA drop further to our initial short target .70
Final target: .54 to .50 (if it gives)
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
ENA drop further to our initial short target .70Final target: .54 to .50 (if it gives)
Tealstreet.io Trade Faster & Trade Easier
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twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.