ENS short hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
ENSUSDT
ENS/USDT Assessing Breakout Potential at Key Resistance?🚀ENS 💎 Paradisers, let's zoom in on #ENSUSDT, which is currently showcasing a captivating market scenario. It is actively testing a critical resistance level, hinting at a possible breakout and subsequent bullish move.
💎 #EthereumNameService is in the spotlight, rigorously testing the resistance at $10.80 for the third time. This consistent pressure at the resistance level significantly increases the likelihood of a breakthrough. If ENS successfully overcomes this barrier, it could embark on a bullish journey, setting its sights on the higher resistance target at $14.89.
💎 However, the ever-volatile crypto market demands versatility in our strategies. Should #ENS struggle to conquer the $10.80 resistance, we might need to shift our tactical approach. This could involve gearing up for a bullish recovery from the Bullish Order Block (OB) at $8.28. It's crucial to stay alert: a descent below this OB level might suggest a brewing bearish trend in the market. 🌴💼
#ENSIt is moving in a descending channel at time H1. The roof of the channel is being modified for a short time by forming a double roof. Therefore, it can face further correction up to the midline of the 12.5 dollar channel. If the stabilization candle closes above $12.5, the trend can be reversed.
#ENSIt is moving in a descending channel at time H1. The roof of the channel is being modified for a short time by forming a double roof. Therefore, it can face further correction up to the midline of the 12.5 dollar channel. If the stabilization candle closes above $12.5, the trend can be reversed.
ENS/USDT Down for retesting phase on the support. Keep on eye!!💎 ENS recently faced a setback, encountering a firm rejection at a critical resistance area. This has led to a retreat towards a previously established support zone, now a focal point for a potential retesting phase.
💎 Market watchers are closely observing whether ENS can demonstrate resilience at this support level, the probability indicated by a bullish candle pattern or a strong bounce.
💎 Should ENS manage to rebound effectively from this support area, it may open the door for another attempt to breach the strong resistance area. Such a move would signal renewed bullish momentum and could significantly impact its market trajectory.
💎 Conversely, if ENS struggles to maintain its footing at the support level and breaches it downward, it could signify a shift back to a bearish trend. A breakdown below this support zone might lead ENS towards a more substantial support area, marking a deeper retracement in its value.
Please note in the market.📊Analysis by AhmadArz:
In current market conditions, it is necessary to reduce risk.
🔍Entry: 12.60
🛑Stop Loss: 11.75
🎯Take Profit: 13.35 -14.40
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ENSUSDTENSUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
ENSUSDTThis is a 1D frame analysis for ENSUSDT As you can see, the price is holding onto its weekly support and we can assume that the price can see higher numbers if it can establish itself above the support line. With the consolidations, we can say that the price is in a range and if it can break out from either side, we can move in that direction. Suggestion: Given that the price has not established itself firmly yet, it is better to wait for the price to break out completely from one side before we start trading.
ENS Preparing for a Bull Run? | ENS/USDT Analysis💎Yello Paradisers, let's unpack ENS/USDT for a moment. Right now, it's navigating a downward channel, but we're keeping our eyes peeled for an imminent breakout.
💎If this breakout materializes, we can expect a dynamic price surge, just as we've projected.
💎Worth noting are the dual confirmed Order Blocks on the shorter timeframe. Given the liquidity in these zones, the price is likely to gravitate towards them.
💎Remember that a previous demand zone flipped into a supply area, leading to a notable price decline and aiming for the earlier Order Block. However, market uncertainty is a huge factor in this projection.
💎More updates are on the way, so stay tuned and make the most of your trading journey!
ENS/USDT Bullish move ahead ?👀 🚀ENS Today Analysis💎 ENS is primed for a bullish surge as it adheres closely to the trendline and maintains a strong support zone.
💎 The existence of a bearish OB, FVG, and liquidity are likely to bolster its upward trajectory. The price is expected to ascend to mitigate the bearish OB, fill the imbalance, and seize liquidity.
💎 Additionally, the volume is demonstrating robust momentum, indicating potential upward volatility.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
ENSUSDTENS, after breaking the bullish trendline, has now found support on another historical support zone that could potentially push the price back up. The target of this upward movement could be a retracement to the previous trendline or a break of the downtrend line. The entry zone below $10 can be attractive.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Analysis of the super future token ENSAnalysis of the super future token ENS
This currency has been correcting during the last one hundred days (red downward trend lines) and has reached its price floor in the last 316 days!
Due to being in a good block order area, we can hope for price growth.
The range of $9.93 can be suitable for buying, and if the downward trend line is broken, we can hope for the price to grow to the specified levels.
Don't forget capital management and compliance with risk to reward