Ensusd
ENS will find support lowerHi everyone!
Yesterday whales were dumping ENS on the ENSBTC pair. As you can see we are on top of the range and the price has been rejected multiple times from the top.
I'm expecting a drop followed by a rise from the last support.
Please let me know what you think about this idea!
ENSUSD - Curved Uptrend ContinuationENSUSD has allowed the bullish reversal along this curved trend line
This large curved trend line could initially be considered a descending scallop (looks like a lower case l from the initial price beginning) but now it has progressed to where the structure is enabling the bull market
Scenario where the curve continues and the bulls win.
Ethereum Name Service(ENS) formed Gartley for upto 14.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Ethereum Name Service (ENS) US Dollar pair.
On a 4-hr time frame, ENS has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ENS : 2 TREND TARGETSENS is one of the interesting coins for the coming time.
It seems that ENS can show some effects on the low time frame
ENS is known for the idea to make ETH addresses into short addresses so they can be linked to Twitter and other websites, further, they building on more trends.
There are 2 expected targets
21 USD
28USD
The reason for this adding is that there is a high chance this coin will move into the short term.
ENS - Head and ShouldersENS has been characterized by strong buying pressure in the recent days.
Currently it has formed an interesting head and shoulders pattern on the 1H timeframe with the formation of a triple top.
I will short the coin at this price levels with very tight stoploss with target at around $18.5-18.
ENS - Resistance is stronger than demand.Strong buying has been going on below, I expect the price to go down to the nearest strong support level.
If you like the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
ENS Ethereum Name Service LONG OPPORTUNITY 20220929A Big head shoulder structure
A valid break of the neckline is necessary for this trade
ENS, Ethereum Name Service, ENSUSD , ENSUSDT , ENSUSDTPERP , ENSBUSDPERP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
ENS - Opportunities are endlessENS has been great to trade, its kept roughly to margin pressure levels and has been trying to break out from this downward resistance for a long time.
Looks like some inverse head and shoulders which is a bullish pattern
Crypto market needs some liquidity for this to continue and rally higher. Etherway theres a trade for up for down with ENS.
I like ENS as its forms part of the crucial Ethereum Infrastructure, being the Ethereum Name Service. Like DNS is for Web2. ENS is for Web3.
ENSUSDT 1D ENS price perspective +80% growth in the coming weeksToday we will talk about the price prospects of the ENSUSDT trading pair
Ethereum Name Service is not a company but an open-source project that calls itself “an open public utility that belongs to the company.” Essentially, it aims to become a piece of infrastructure as vital to Web3 (to whom the laurels of the prospects of the coming years are given) as DNS is to the internet.
ENS is the governance token of Ethereum Name Service and is used to govern the protocol and influence decisions on pricing its .eth addresses and the price oracle.
Taking into account the information hype surrounding the transition of ETH from PoW to PoS in mid-September , the ENS price will also directly depend on these changes.
It is predicted that the annual emission of ETH will amount to only 0.3%, and a significant decrease in supply affects the growth of the price according to the laws of economics.
By the way, here we have an actual idea for the ETHUSDT trading pair
On the other hand, we have the original, historically 1st created Ethereum Classic, to which miners are increasingly switching. Investors' attention may switch from ETH to ETC, because the hashrate has grown by 480% since the beginning of the year, and the ETCUSDT price has increased 3 times in just 2 months, and this is in the current sluggish market.
By the way, the actual idea of ETCUSD is below
Summarizing:
It is difficult to predict the ENSUSDT price, taking into account the indirect dependence on the ETHUSD price, because it is not fully known how market speculators will react to the transition from PoW to PoS
Even in general, the crypto market has not fully embraced which trend him chose
However, the information hype around the word "Ethereum", which is also in the name of the ENS token , can play the role of "a trump card" and cause rapid growth to the region of $25
And if the market trend clearly changes to growth, then the target of $40 will become even more realistic
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)