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ENSUSDT

ENS longENS broke the downtrend formation on the weekly, looking at daily timeframe we can see that it also broke a bullflag after a reaction from 61% golden pocket from the wave 1 measurement. According to Elliot Wave Theroy, the 3rd wave normally goes to 1.618 fib extension of wave 1. Personaly i'm looking forward to see the price hit 40usd in the upcoming days/weeks. Plus the area represents an imbalanced area. The 20usd range is already mitigated so i think the price will go through without any issues. NFA nontheless
Long
by PtSp86
1
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 :)
by P_S_trade
38
ENS analysisToday we would like to share with you a very interesting and promising ENS coin. In May, we saw a sharp drop of this coin by 75% in 8 days, this is our main nearest resistance .At the end of this fall, we see a culmination on very large volumes, which indicates long-term buys of big players ,when we came to test this zone for the second time large volumes came back out for buy, which indicates that this is a zone of interest for the buyers. After accumulating for 2.5 months, we successfully exited above the $12-13 zone and showed a 145% increase from the bottom, which is a positive signal in such a bad market. And now, during the correction of Bitcoin, we tested the zone on the reverse side, collected stop losses and are already showing an increase of 25%, and this catch of stops can be a potential local Low before the next local High, and in the optimistic case we have the potential to the main resistance (100% growth). Cancellation of the scenario will be drop below $11 which opens a way to $7-9 in the demand zone. I'd be looking for buys after sure fixing over $14.
Long
by razumcapital
1
ENS - Chart update WITH PRICE ACTION TARGETSThis update is a small View for ENS - and where the price action could go. First of all - There is no any guaranty into trading - on this reason make sure your management are well. Back to chart. We have seen before a low point at 18 June of ENS where the price was around 7.64 USD, and since that time ENS looks to make new gains. Also we can remember in start of 2022 the price of ENS was around 69 usd, what makes this coin changing very high in price action - and its not the only coin, since the bear market there are more coins that follow the BTC effect. View from Technical analyses. Since ENS looks to have still the green cycle on low time there are possibility that we can see soon a breakout what could go over the before price action of 24 usd on 04-05-2022 from here to that point its already over 50%. so the focus are also on that point - its hard to predict what will happened after - but if this point get again a re-enter ENS could have more price actions targets. Realistic focus are between 30%- 50%. ( in case of breakout) The above view is Depending on TA - and study. so its not a fiancé advice - Make always sure you study the markets well - as markets can change any time. We will see or there will be a breakout on ENS soon. Great times!
Long
by Goldenbreakout
1
(Ethereum Name Service )-ENS/USDT Update 📈📉HEY traders, what's going on today ?! Since 18 Jan 2022, "Ethereum Name Service" after a lot of ups and downs , has been declining till now, I expected to see the higher prices but it wasn't successful to take over previous pivot zone . (more than 50%💰 (1x)long ). today I'm gonna have another analysis for ENS/usdt on the daily timeframe , So as you can see , it was in a consolidation phase and recently has jumped by more than 60% with a huge volume , it can test the pivot zone and descending trendline but at there I expect to resist against the price . and can decline to lower support zone again . then can re-attack the descending trend line and if it be able to breakout the line ,it can see the higher resistance zones or VWAP line . but otherwise if it loses the support zone ,it'll again fall to lower support fibo levels ! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
by PRO_SMART_Trader
1
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. Be sure to share your comments with us
Short
by FiboTech
4