ENSUSDT
ENSUSDTHi, I hope the coming week will be a profitable week (:
The price is moving inside a descending channel.
If we ignore the triangle pattern, considering the yellow range and the type of previous movement (inability to enter the $10.817 range), we should have a reaction to the $9.733 range.
I prefer to close 75% of my sell trade at the $7.364 price range, but I can't ignore the triangle target, so that leaves 25% for that range.
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Ethereum Name Services Can Grow 123% Within Weeks!These charts that are sharing are meant for the short/mid-term... Some can move and hit all targets within weeks.
Here we have ENUSDT (Ethereum Name Service) which we traded successfully in the past.
A new bullish round brewing...
Out of nowhere, it will go from slow and shy, to fast, strong and sudden growth.
The entire Altcoins market will turn.
Namaste.
ENS DAO NFT Culture Now that ens is under $10 (not the $3 I predicted in November 2021, but close enough) it’s looking like a bright spot in the crypto market. One thing that many shitcoin crypto projects have failed to do is create value in any way.. No products, no use case, literally a ponzi. ens domains maybe building something and it’s profitable. I’ll admit it’s not much but it’s something and it’s gained a lot of traction on Twitter. They have a product (.Eth domains) they have revenue, and they have a governance token which could be used in the future to allocate the profit from .eth domain sales towards anything really.
I’m gonna start posting some of my picks for best cryptos to invest during the cryptopocalypse - here’s the first one - ens, ill start buying a little now. I don’t care if it’s the bottom, I’m ok with ens going to 0. I’ve also started accumulating .eth names as well as other domain extensions like .XYZ .NFT and more. It’s kind of fun once you get into it, and it’s a low barrier of entry. I already sold a few .Eth names for profit after just a few months of playing with them.
Ethereum Name Service Holding Support (vs Tether)Here is a pair we like that we traded successfully in the past, ENSUSDT.
Just as we saw with Cardano (ADAUSD), the 12-May low/support holds again for ENSUSDT.
We have a higher low and there is potential for a bullish bounce.
Any trading above $7.35 and we are strongly bullish.
Moving and closing below $7.35 is the stop-loss.
Any trading below this level and we lose the bullish potential.
Right now ENSUSDT is aiming higher.
Charts are always changing and can always change.
Make sure to have a well developed plan; a great strategy...
Before you trade.
Namaste.
ENS/USDT BUYING SETUP (SWING)Buying #ENS/USDT (SWING)
$ENS rejected on resistance trendline symmetrical triangle and back to retest on demand , and in demand zone showing rejection and make a pullback. in 1H time frame closing with strong bullish enqulfing candle so potential back to try breakout the resistance
we can close if can't breakout
Buy zone : 11.75 - 11 - 10.5
Target : 12.55 - 13.8 - 15.42 - 17.29 - 18.84
Stop : 10
I called the ENS bottom, up 75% - BREAKOUT UPDATEENS has completely decoupled from the rest of the market and is up ~45% in one day.
TA helped me spot the opportunity and I called the bottoming pattern on my previous post, but the real fundamental driver here is that ENS domains are the current NFT craze - cointelegraph.com
Last night it perfectly retested the 12hr 200SMA / 1D 50 & 100 SMA which sent it soaring 40%.
I'm posting this as the price is retesting the resistance/breakout level I previously identified. If that flips to support, we can consider the possibility of further upside.
If we break back down into the descending channel, consider buying around the zones/levels I've identified.
If this domain NFT bubble is short lived, we may see ENS re-couple with the rest of the market soon. However, I think ENS is a great project with huge fundamental value in Web3. I have been trading my $ENS airdrop tokens but will definitely be looking to re-enter that position at support.
Follow me on TV and twitter (@ crypto_donovan) for more setups / updates !
happy trades,
CD
$ENS/USDT 3h (#BinanceFutures) Falling broadening wedge breakoutEthereumNameService just regained 100EMA support and looks good for short-term recovery, probably after a last dip!
Current Price= 12.964
Buy Entry= 12.702 - 11.530
Take Profit= 15.409 | 18.184 | 20.961
Stop Loss= 9.472
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.35
Expected Profit= +27.18% | +50.08% | +73.00%
Possible Loss= -21.82%
Fib. Retracement= 0.559 | 0.702 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #ENS #ENSUSDT #DNS #Domain #Web3 #DAO #Governance #NFT #DeFi #SolEco
Websites: ens.domains ens.mirror.xyz
Contracts:
#ERC20 0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72
#SPL CLQsDGoGibdNPnVCFp8BAsN2unvyvb41Jd5USYwAnzAg
Be patient with ENS 50%+ is coming soonWhy? PA looks bullish, one of the strongest coins at the moment. Whales are also interested in this coin. I will play spot and 3x long with smaller position. Dont forget to dollar cost average ENS here to maximize profits... 35 usd should hit in next weeks.
MANAGE YOUR RISK PROPERLY
NOT FINANCIAL ADVICE
ENSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENSUSDT
According to our previous analysis on April 22, we can observe that here we have a profit around 17% up to the present. Now it is clear that the price formed a long-term resistance line (R2) and after touching this line and having a failure in break, it faced a heavy fall down to the second support line as you see in our chart. Then by starting its rising trend, we formed another support line (S1) which shows the support of the price at several points. At the present, the price is fluctuating over our first support line and we predict it to rise over the first resistance line and then when it is fixed there, it will move toward the second resistance line. Even it is possible for the price to move downward and then have a pull back to the first support line and continue its falling trend and face more decline.
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
ENSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ENSUSDT
According to our last analysis on May 1, we expected more fall for the price and now at the current chart you observe that our expectation came true. At the present, the price could fluctuate below the first support line and now it is moving toward the lost support line. We believe it will complete its pull back trend and touch the first resistance line and then face more decline. But in case it moves above the first resistance line, we will predict more rise for the price up to the second resistance line.
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
THE 6x long term coin : ENSThe coin is now into a breakdown trend - this coin could change coming time in better range, and can even hit the 60 USD in the long term.
It's a long-term project with a solid goal.
There is no guarantee in the markets - but if we read the goal of this project, it has an option that it can become in the long term a hype.
The . ETH domainnames register is ENS.
ENS even with this breakdown trend will stay a very important coin for the long term.
UNTIL NOW - TRX AND ENS ARE THE KEY COINSWe have seen a bear trend on more coins - TRX and ENS are still in their important zones,
and as did add in the previous update - These 2 coins show a breakout show for the long term.
ENS - known from the ETH domain names register - where users are able to use a wallet with short numbers as the main wallet in place of long characters.
TRX on the technical side seems to wait for a new breakout.
We all as traders know how the markets can affect, there is no guarantee in markets, its always good to follow the last trends so at last, you will have an idea.
So coming times it's interesting to see how this will play out - as technical is good.
TRX AND ENS - THE COINS WITH THE HIGH CHANCE - TRADING TIMETRX And ENS depending on trading study movement - shows it has a high chance for a long-term hype trend - for more reasons.
The technical side
The updated side
TRX shows a strong technical view for the coming time - of course, is this not a guarantee, but its an option to follow the trend.
About ENS - the new hype trend looks to have a start. the ENS domains that get now registered on the open sea could bring a higher effect.
Let's shine the light on these 2 coins by this update tradingview - and this is not for no reason - it's because these coins have what to show.
it's a long-term update - markets change all time - buts it's a technical follow.
Do you also expect the same? then write for yourself why you base that, because that would be a great point for next breakouts - if this playout is right, it means your study or tools did work for this time.
And as always - markets change on their way sometimes up and down - that's why a plan is a must.