Signal Trading Summary:
- Ethene (ENA)
- Entry : $0.1052 (IDR 1,770)
- Cut Loss [CL]: $0.0860 (IDR1,450)
- Take Profit [TP]:
- TP1= $0.1245 – $0.1301 (IDR 2,095 – IDR 2,190)
- TP2 = $0.1438 – $0.1536 (IDR 2,420 – IDR 2,585)
- Reserve Rights (RSR)
- Entry: $0.001787 (IDR 30.1)
- Cut Loss [CL]: $0.001317 (IDR22.2)
- Take Profit [TP]:
- TP1 = $0.002258 – $0.002343 (IDR38.0 – IDR39.4)
- TP2 = $0.002729 (IDR 45.9)
- dYdX (DYDX)
- Entry : $0.0880 (IDR 1,480)
- Cut Loss [CL]: $0.0758 (IDR 1,280)
- Take Profit [TP]:
- TP1 = $0.1002 (Rp1,690)
- TP2 = $0.1153 (IDR 1,940)
1. Ethene (ENA)
Tags: DeFi
ENA’s daily closing candle showed significant bullish momentum with a gain of +9.44%, supported by high trading volume above its 20-day average (20-Day MA). This reflects increased buying interest from market participants.
The support level at $0.0918 (Rp1,545) formed on March 23 is a crucial area to maintain positive momentum. As long as the price is able to stay above this level, the potential for further gains remains open.
In a bullish scenario, the price could potentially test the resistance at $0.1301 (IDR 2,190), with the primary target being $0.1536 (IDR 2,585).
ENA Potential Buy Setup:
- Entry : $0.1052 (IDR 1,770)
- Cut Loss [CL]: $0.0860 (IDR1,450)
- Take Profit [TP]:
- TP1= $0.1245 – $0.1301 (IDR 2,095 – IDR 2,190)
- TP2 = $0.1438 – $0.1536 (IDR 2,420 – IDR 2,585)
The conversion uses an estimated exchange rate of around IDR16,830/USD, so the value in rupiah is indicative and may change following exchange rate movements.
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
2. Reserve Rights (RSR)
Tags: RWA
RSR showed a bullish breakout after successfully breaking the resistance at $0.001709 (IDR28.8), which was the highest level on February 14. This breakout was reinforced by a surge in trading volume, providing strong validation of the sustainability of the uptrend.
As long as the price is able to hold above the breakout level, the bullish momentum is expected to continue with a target towards the SBR zone at $0.002258-$0.002343 (IDR38.0-Rp39.4) as the nearest resistance area.
If buying pressure is maintained, then further upside opportunities are open towards $0.002729 (IDR45.9) as the next target.
RSR Potential Buy Setup:
- Entry: $0.001787 (IDR 30.1)
- Cut Loss [CL]: $0.001317 (IDR22.2)
- Take Profit [TP]:
- TP1 = $0.002258 – $0.002343 (IDR38.0 – IDR39.4)
- TP2 = $0.002729 (IDR 45.9)
The conversion uses an estimated exchange rate of around IDR16,830/USD, so the value in rupiah is indicative and may change following exchange rate movements.
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
3. dYdX (DYDX)
Tags: DEX
The price movement of DYDX shows the potential formation of a double bottom pattern, which indicates an opportunity for a reversal to a bullish trend. The validation of this pattern lies in the neckline breakout at $0.0957 (Rp1,610).
If the breakout is confirmed, then the price has the potential to continue rising towards the resistance at $0.1153 (Rp1,940), which is the highest level at the close of the February 14 daily candle.
On the other hand, the support at $0.0786 (Rp1,320) formed on March 8 is a crucial area to maintain the bullish momentum. As long as the price stays above this level, the positive structure is maintained.
DYDX Potential Buy Setup:
- Entry : $0.0880 (IDR 1,480)
- Cut Loss [CL]: $0.0758 (IDR 1,280)
- Take Profit [TP]:
- TP1 = $0.1002 (Rp1,690)
- TP2 = $0.1153 (IDR 1,940)
The conversion uses an estimated exchange rate of around IDR16,830/USD, so the value in rupiah is indicative and may change following exchange rate movements.
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.