✳️ ENS Goes Bullish (Bitcoin's Correction vs Altcoins [ALTSBTC])It won't be easy to choose the pairs that will grow while Bitcoin goes down; this is the hard part.
Many pairs will crash really strong when Bitcoin produces the "meat" of its corrective move... I think the correction will be short-lived, in a way. That is because we are already almost two months in and nobody has seen it nor felt the pain. The crash will happen fast, lasting only days; the recovery will be long and drawn-out and that's the part when people fold, the boring phase.
👉 Ethereum Name Services is looking bullish against Bitcoin (ENSBTC) after producing a major reversal pattern.
The reversal pattern is complete; full, in.
All the signals are pointing up!
It will be hard to choose which ones will go up while Bitcoin goes down... Here you have the first one.
The fact that ENSBTC goes green (daily timeframe) the same day that BTCUSDT goes red, can indicate that this might be one of the pairs to shoot up when Bitcoin's support break.
Namaste.
ENSBTC trade ideas
✳️ Ethereum Name Service Bottom Confirmed Through...
A strong bullish divergence with the RSI;
Rising volume with a rounded bottom;
RSI above 50 as prices come out of a new All-Time Low;
Let's start with ENSBTC daily RSI
The strong bullish divergence starts in June:
➖ ENSBTC = Lower low October vs June
➖ RSI = Higher low October vs June
The rounded bottom is a classic with yesterday's session producing the highest buying power since April this year.
Trading volume is dropping from February through October as ENSBTC hits new lows and rises many times above average as soon as the bulls are ready.
These are simple signals that points to prices moving up.
If things change, the main support level is the last low, that's where a stop-loss can be used.
Another strategy is to buy more each time a support level is hit.
So if prices drop say for another month or two rather than going up, one would accumulate (buy more) in anticipation of the next bullish wave.
In case of a drop, just think long-term.
Buy and hold to later sell when prices are high.
Namaste.
ENS/BTC - Ethereum Name Service: Super_Trend◳◱ We've detected a Super Trend pattern on the NYSE:ENS / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.0003263 | 0.0003422 | 0.0003872 and the major support zones are respectively at 0.0002813 | 0.0002522 | 0.0002072. We may consider opening a trade position at the current price zone at 0.0003086 and benefit from the trend continuation.
◰◲ General info :
▣ Name: Ethereum Name Service
▣ Rank: 147
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: Infrastructure - Identity
▣ Overview: The Ethereum Name Service is a distributed and open-source naming system that maps human-readable names to machine-readable identifiers like cryptocurrency addresses, metadata and content hashes. Although it is built on Ethereum, the lookup system can be deployed on private blockchains and other networks to customize complex strings of data to into readable content. Apart from the native .eth top-level domain, DNS top-level domains such as .luxe, .xyz, and .kred have been integrated into ENS.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0003086 ₿
▣ 24HVol: 0.153 ₿
▣ 24H Chng: 0.325%
▣ 7-Days Chng: -5.92%
▣ 1-Month Chng: -15.84%
▣ 3-Months Chng: -18.33%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0003263 | 0.0003422 | 0.0003872
◢ Support: 0.0002813 | 0.0002522 | 0.0002072
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -5.47
▣ Last 90D: -1.32
▣ Last 1-Y: -0.25
▣ Last 3-Y: 0.03
◲◰ Volatility :
▣ Last 30D: 0.43
▣ Last 90D: 0.61
▣ Last 1-Y: 0.83
▣ Last 3-Y: 1.37
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.40 - Bearish
▣ In-depth ENSBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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$ENS/#BTC [#Ethereum Name Service]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $ENS / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.0007104 | 0.0007417 | 0.0008238 and the major support zones are respectively at 0.0006283 | 0.0005775 | 0.0004954. It is a bullish indication and we may consider entering at the current price zone at 0.0006875 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0006875 ₿
▣ 24HVol: 12.040 ₿
▣ 24hChng: 2.064%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0007104 | 0.0007417 | 0.0008238
◢ Support: 0.0006283 | 0.0005775 | 0.0004954
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.71 - Bullish
▣ In-depth ENSBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Ethereum Name Service(ENS) forming Gartley |Good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Ethereum Name Service (ENS).
In previous trade of ENS the priceline moved slightly down than potential reversal zone, however, recovered soon and pumped well:
Now on a 4-hr time frame, ENS is about to complete a bullish Gartley pattern with Bitcoin pair chart.
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/BTC looks BULLISH. Potential Breakout/RetestNot much else to say. I don't tend to use diagonal lines much anymore, but I was taught that when PA breaks up from a rising wedge instead of down, that can lead to parabolic gains.
this chart is already looking pretty parabolic, so I guess that's just continuation.
Looks to me like it's retesting recent resistance to see if it can flip to new support.
Just an idea, and totally dependent on BTC continuing to be boring. If BTC rips, obviously this idea is ruined.
happy trades,
CD
ENSBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENSBTC
There is R1 as our resistance line that resembles the unsuccessful triumphs of the price to rise. And S1 is the support line which shows the support of price at several points. At the moment, we have the fluctuation of price in an ascending channel and below R1. We expect the falling will happen and our short position is activated and a decline is waiting for the price toward S1. Now we do not expect a rise to happen for the price. Bear in mind that it is better to activate the stop-loss points in order to have less risky trades.
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
Ethereum Name Service (ENS) forming Cypher for upto 13% moveHi dear friends, hope you are well and welcome to the new trade setup of Ethereum Name Service (ENS) Bitcoin pair.
In the previous trade, ENS pumped well, but went very close to the target and dropped down.
Now on a 4-hr frame, ENS is about to complete a bullish Cypher 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.
Ethereum Name Service Moves Above EMA50 (vs Bitcoin)We look at the Ethereum Name Service vs Bitcoin (ENSBTC) trading pair now.
We can see a clear higher low while prices are now moving above EMA50.
Another strong signal to consider is the fact that Bitcoin broke down completely in the past few weeks while this and other pairs remain trading above support and at higher lows...
Signaling that these pairs priced in anything Bitcoin and are just getting ready to grow.
Note: If prices break and close below 0.00002700 that's our stop-loss.
Any trading above this level and we wait patiently expecting the next bullish jump.
Namaste.
Ethereum Name Service Project Overview & Chart AnalysisI really like this one, I love the idea of Crypto-Domains.
"What Is Ethereum Name Service (ENS)?
Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS converts human-readable Ethereum addresses like john.eth into the machine-readable alphanumeric codes you know from wallets like Metamask. The reverse conversion -- associating metadata and machine-readable addresses with human-readable Ethereum addresses -- is also possible.
The goal of Ethereum Name Service is to make the Ethereum-based web easier to access and comprehend for humans - similar to how the Internet’s Domain Name Service makes the internet more accessible. Like DNS, ENS also uses a system of dot-separated hierarchical names called domains with domain owners fully controlling their subdomains.
Source: Coinmarketcap
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As for the analysis... It is still early but I would love to see it grow.
We have low risk (stop-loss below red dashed line) with high potential reward.
This is not financial advice.
Namaste.
Ethereum Name Service Looking Better vs BitcoinI mentioned this one just a few days ago and today we can prices going up.
It is looking really good and there is plenty of room for additional growth.
Check the "related trade ideas" below for the previous analysis (more details)...
Remember to plan ahead of buying...
Be patient and your desired results will come.
Namaste.