ENA / TetherUSLong
ENA
Fake support has been created by smart money around the 0.90 zone to induce retail traders in placing their longs at that level
I would think the trend would target the weekly imbalance which would take out these lows whereas also give us a deviation.
Green box is my entry where I would seek a market structure shift as well
Daily MACD is under the zero line plus with additional imbalances created above, I dont think the trend will seek additional liquidity.
Long term trend is still bullish
I would think the trend would target the weekly imbalance which would take out these lows whereas also give us a deviation.
Green box is my entry where I would seek a market structure shift as well
Daily MACD is under the zero line plus with additional imbalances created above, I dont think the trend will seek additional liquidity.
Long term trend is still bullish
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