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ENSUSDT

$ENS - ConsolidatingClearly consolidating at resistance - there is a want to go higher - seeing shorts being swallowed. If can push through and retest - turning resistance to support - should see a push to higher line -> Big IF however - if rejected aim low support... Largely will be related to MACRO environment over next week If CPI / US Jobs data come in on-expectations - expect a push lower - this is due to likely response from FED being "right - we haven't broken anything yet - lets push harder for 75bps hike" - if however jobs growth / income growth weaker than exp. will see some evidence of risk on appetite....short term Lets see. Remember the market is forward looking - these things are around 75% baked in already.
by Flyte-X
2
ENSUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ENSUSDT Here we have R1 as our resistance area which contains the disability of the price to rise. And S1 used to be a resistance line. Thus, we have the fluctuation of price in R1 area and our expectation would be a rise for the price to reach the height of mentioned area (according to its past behavior). Then via having some falling signs, we expect a decline would happen to S1. Remember that if the price is able to fix itself over R1, more increase is waiting for it. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
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.
by NFVeej