ENA Long signal
- Entry
- 0.2094
- Stop
- 0.1906
- Target
- 0.2162
- Talon locks
- 1
- Confidence
- 58%
- Horizon
- 4h
- Exit
- Kestrel Talon
- The same trade held
- +0.27
- Opened
- Closed
Against the same trade held: for a long, holding the coin; for a short, shorting it at the signal and holding to the end.
Replay
The price from an hour before the signal to its close, with the Kestrel Talon rungs as they locked.
Kestrel Talon
- 0.2117next
- 0.2097locked 22:27:24 UTC
- 0.2096safety stop
Closed by the Kestrel Talon at 0.2096, +0.11% locked
Why Kestrel called it
ENA is in a tight range after a sharp weekly rally. The 1h frame shows strong momentum: RSI 65.97, EMA 20 at 0.20011 with a 2.254 pct slope, and price 2.93 pct above it. The 4h frame is weaker, with ADX 14.91 and EMA 20 at 0.19803 sloping gently. Both 5m and 1h agree on upside momentum. The daily decline of 26.23 pct conflicts with the hourly strength. Entry near support at the 20 bar low 0.1906 on the 4h offers a tight risk-reward.
What would undo it
Price closes below 0.1906 on the 4h, breaking the support level that defines the long thesis.
What drove it
- 1 h move, rank 96 of 99
- 24 h move, rank 5 of 99
- Funding +0.005%
Orders
- Buy order placed 0.2094
- Buy filled 0.2094
- Safety stop placed 0.1906
- Exit order cancelled 0.2097: costs covered, breakeven
- Exit moved 0.1906 to 0.2096: costs covered, breakeven
- Exit filled 0.2096
Every re-read
Kestrel did not re-read this one.
Simulated, paper only, not advice