ENS showing a stunning Regular-Flat🚀 #ENS @ensdomainsis showing a stunning Regular-Flat (a,b,c) structure 😍
There’s a slight bullish divergence on the MACD between the two tops (🟠).
But on the MACD (⬜️) we can see that the correction is done.
Looking for to reach at least $23, then aiming for the top! 💸
Ensusdttrade
Cage Cycle Values for ENSUSDT.PCage Cycle Values: If the price is above 26.770 (Buy Point), the price target is 35.330, and if it is below 26.623 (Sell Point), the price target is 18.103. You can find the details of the Cage Cycle strategy attached. (MAKE SURE TO FOLLOW THE NEW TAKE PROFIT POINTS PUBLISHED AS TAKE PROFIT POINTS ARE INCREASED ACCORDING TO THE TRADING CYCLE)
Long Position:
Entry: 26.770
Profit: 35.330 (Will be updated if necessary in the positive direction)
Stop: 26.623
Short Position:
Entry: 26.623
Profit:18.103 (Will be updated if necessary in the positive direction)
Stop: 26.770
The Cage Cycle Strategy is a model that emerges from analyzing approximately 2 over 20 data points (1,000,000 and above tick data). The price definitely reaches one of the specified Take Profit Points as a price target. It is not possible to determine the direction with a hundred percent certainty in financial markets. Therefore, success rates are attempted to be increased by using certain models. The Cage Cycles end when the price reaches the price target in any direction in the Cage Cycle Strategy. Although it is not an investment advice, an example of use is as follows: A Long position is opened at the price level of 26.770, the Stop Loss is 26.623, and the Take Profit is 35.330. When the price reaches 26.623, instead of the Long position that was stopped, a Short Position is opened, with the Stop Loss of the Short Position being 26.770 and the Take Profit being 18.103. Transactions are monitored by stopping until the market direction is determined. Considering the number of stopped transactions and the expected time, Take Profit points are updated to increase profits (Updated Take Profit Points will never be lower than the initially specified Take Profit points). By recalculating the Take Profit points to increase profits, the aim is to compensate for the losses of the stopped transactions when the Cage Cycle ends. In the data analysis of the last 10 years, the average number of stops is 12, and the highest number of stops is calculated as 83 (These figures may vary in the future). Although it is not an investment advice, in the Cage Cycle, if the amount to be stopped is set at $1, by increasing the position by half of the initial lot amount for every 10 stops (0.5 $ for every 10 stops), a higher profit can be targeted along with the increased Take Profit point. Using the Cage Cycle data provided above as an example for Ensusdt, after 15 stops, when the cycle ends, the profit-loss calculation (Initial Stop Amount to be stopped is $1): For the first 10 stops, the loss will be 10$*1=10$, and between 10 and 15 stops, the loss will be 5*1.5$= 7.5$, resulting in a total loss of 17.5$. The profit to be obtained with the updated Take Profit points will be 1.5*27= 40.5$. The net profit, excluding commission, will be 40.5-17.5= 23$. The Cage Cycle helps you determine the Take Profit point in your own trades as well, as it is known that the price will definitely reach one of the Take Profit points. Enjoy and Good luck with your trades.
THIS IS NOT AN INVESTMENT ADVICE. Made by Yourcages
Ethereum Name Service ENS price strong but there is a nuanceGiven the media hype surrounding the CRYPTOCAP:ETH ETF and the word #Ethereum, which is also in the name of the #ENS token, it's no surprise that #ENSUSD price has been rising so well over the past week
#ENS is an Ethereum Name Service token used to manage the protocol and influence the pricing decisions of its .eth address and price oracle.
Since the story around the #ETH ETF is not yet fully resolved, we can assume that there is still potential for growth in the ENS price, at least to $39-40.
🔽But looking at the #ENSUSDT chart, we see some rather “dangerous” shadows that may suggest that someone is selling aggressively.
Therefore, we would probably risk buying #ENSUSDT no earlier than $21.30, but for now, we are watching this asset.
ENSUSDT at weekly resistance, likely to land on weekly supportThe price has moved to the weekly resistance WR1 and got rejected from there on the first attempt and found support on the zone where weekly support WS1 lies. The price made another attempt at the weekly resistance WR1 only to get rejected again. The price is currently trading under this resistance after getting rejected. If the price lands on the support WS1 then it will be a long opportunity again. The next resistance on its way up is weekly resistance WR2 and that will pose significant resistance to the price movement.
ENSUSDT - I wonder what will happen after this metric#ENS Reasons for possible growth:
1. Whales and their accumulations look "healthy"
2. Network growth. In the case of ENS, "the crowd is buying the fall." Whenever the crowd "buys the fall" - it's gone. Only when the crowd "gives up" can it go in. If the metric doesn't go up much in the next 48 hours - maybe the crowd has given up.
I wonder how such a crappy metric will play out.
This metric is available to everyone.
Graphically you can see the structure of the buyer. In the yellow zone someone is aggregating a position. If on all of the straits ENS will hold, there will be a rally. if not, we will fly to the renewal of the low!
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 - 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.
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
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ENS/USDT: Both sides trade opportunitiesHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
ENS/USDT TA Update:-
TimeFrame :- 1D
$ENS is currently trading at $21 levels.
IS HAS BREAKOUT THIS CHANNEL
Both sides trade opportunities available once this daily candle closes
1 ) If the daily candle closes above this resistance -
Target:- $26 or much higher Targets can be achieved.
Stop loss :- $18.40
2 ) If the daily candle does not close above this resistance
Targets :- $15
Stop loss :- $21.80
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ENSUSDT - Buy Setup!ENSUSDT (1D Chart) Technical analysis
ENSUSDT (1D Chart) Currently trading at $19.25
Buy level: Above $20.55 (Buy after breakout)
Stop loss: Below $13
Target 1: $23.9
Target 2: $28.80
Target 3: $36
Target 4: $50
Max Leverage 2x / Spot market
Always keep Stop loss
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