🚀 $ENA UPDATE ☘️

Okay, so, I'm here to update everyone on my indicators regarding ENA, because we have some interesting scenarios ahead.

In this post, I'll show you three images and explain what each indicator is telling.

Time Scale: 1 Hour.

📶 Image 1 (Black Background)

I. Momentum Indicator (MI)

• Gives a Positive and Negative signal and accounts for momentum.

>> Is currently giving a Bullish Momentum Signal

II. Regularized Moving Average Oscillator (RMO) [At the bottom of the image]

• Shows Bull and Bear Signals (currently is not showing any)

• Shows when an asset is overbought or oversold

>> Is currently giving a Bearish Weak signal of Overbought Asset.

📶 Image 2 (Green Background)

III. Pump and Dump Indicator (PDI) [In the middle]

• Shows that the asset is moderately pumped (59.769 in a scale where 70 is pump, 50 is neutral)

>> Gives a Moderate Bear signal towards the neutrality.

IV. MACD Divergences [At the very bottom]

• Is currently neutral.

> No signals in here, neutral trend.

📶 Image 3 (Grey Background)

V. Pivots High and Low Extension (PHLH) [Represented by the Support indicators]

>> Doesn't inform or Bear/Bull tendencies, but show us key supports to keep an eye on. If the price moves below those prices, watch out for possible dump.

VI. TrendLine [Red and Green Lines]

• Show the general trend for this coin.

>> Is showing a Bullish Uptrend.

☘️ Conclusions☘️

🐂Indicators giving out Bull Signals: I (short term) and VI (long run)

🧸Indicators giving out Bear Signals: II and III

Personally, I believe the pump helped us stabilizing in a higher price range, and that now we have more potential to go up, but perhaps not before a correction, to get rid of the Pump/Dump signal on III.

Watch out with Stop Losses in case the price decides to dump all the way to the ground (to around 1.070, that would be catastrophic)

~ Green ☘️