ENSUSDT trade ideas
ENSUSDTENSUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
$ENS BREAKOUT DONE What is a trendline break and how to trade it?
There is a breakout when the price crosses an important level. However, not all breakouts are created equal. There are preconditions for a breakout to be considered relevant:
Consolidation before the breakout.
A significant increase in trading volume.
Indicating investors’ enthusiasm to push the price as far as possible.
Regarding consolidation, breakouts often occur after forming a contraction pattern, such as a triangle or a wedge. During these market phases, the volume gradually decreases, and the amplitude of the movements does the same so that the price action evolves in a narrow range.
A sudden increase in volumes, as well as the exit of the price from the range, is often indicative of a new trend forming.
How to trade breakouts?
There are different ways to trade breakouts in the stock market, which are more or less aggressive depending on where you open your position.
ENS primed for takeoff? Classic Adam&Eve double-bottom pattern playing out as ENS has rallied the past few weeks with volume to support it.
As one of the most profitable projects in the ETH (and crypto in general) ecosystem, I expect ENS to do well this cycle, especially if plans to expand to other chains proves a success.
I marked some general target prices at weekly OBs.
we are so back.
happy trades,
CD
#ENS/USDT is testing the Diagonal Trendline and support level in#ENS/USDT is testing the Diagonal Trendline and support level in 1-Hour TF!
NYSE:ENS needs to clear PDH and PMH $8.07 resistance levels to gain the bullish momentum, and we can long it.
Looking for Shot if #ENSUSDT breaks the Diagonal Trendline.
Check out the market spot Hello, many of my friends have asked messages and Sol regarding the last caption of the previous analysis. I answered the dear ones as much as I could. But because there were many questions, it needed an explanation. In this regard, I told the head of the mafia to leave a room and let's talk, dear ones. It seems that it is better for you to remain in the sleep of neglect. And there is a proverb that says that until there is no donkey, there will be no donkey ride. I take God as my witness that during the past 3 years, I honestly tried to do the talking, but they didn't let me (the same people who said until yesterday, come and talk, now they say you don't know. It's interesting, it's very interesting. I said it once, I'll say it a second time.RTM in Iran is managed as an archipelago. There is nothing wrong with being managed, but my island will definitely be separate in the future. To the loved ones who learned from me but dissed me. If your self-confidence was a frog, it would become a crocodile(1889 xausd??it was good? How was three years of step-by-step net-to-net market not enough? Creators, whatever they deserve. Darabi and Zarbi and... are the leaders of the mafia, take care of yourself and know that the tribune is in the hands of the illiterate) Goodbye
ENS USDT PERPHello Trader
although now the bearish phase is over in the short term (scalping) we can be sure that this pair is bullish for the near future.
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Disclamer: Not Financial Advice
ENSUSDTThis is a 1D frame analysis for ENSUSDT As you can see, the price is holding onto its weekly support and we can assume that the price can see higher numbers if it can establish itself above the support line. With the consolidations, we can say that the price is in a range and if it can break out from either side, we can move in that direction. Suggestion: Given that the price has not established itself firmly yet, it is better to wait for the price to break out completely from one side before we start trading.
ENS Preparing for a Bull Run? | ENS/USDT Analysis💎Yello Paradisers, let's unpack ENS/USDT for a moment. Right now, it's navigating a downward channel, but we're keeping our eyes peeled for an imminent breakout.
💎If this breakout materializes, we can expect a dynamic price surge, just as we've projected.
💎Worth noting are the dual confirmed Order Blocks on the shorter timeframe. Given the liquidity in these zones, the price is likely to gravitate towards them.
💎Remember that a previous demand zone flipped into a supply area, leading to a notable price decline and aiming for the earlier Order Block. However, market uncertainty is a huge factor in this projection.
💎More updates are on the way, so stay tuned and make the most of your trading journey!
ENSUSDT a new bearish impulse?According to Plancton's strategy, if ENSUSDT experiences a pullback around the $9.5 price level and shows signs of potential bearish momentum, a suitable trading order can be set to take advantage of the anticipated bearish impulse.
Setting a short order could be a viable approach in this scenario. A short order involves selling the asset with the expectation that its price will decline. By initiating a short position, traders seek to profit from the downward movement in the price of ENSUSDT.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
ENS/USDT Bullish move ahead ?👀 🚀ENS Today Analysis💎 ENS is primed for a bullish surge as it adheres closely to the trendline and maintains a strong support zone.
💎 The existence of a bearish OB, FVG, and liquidity are likely to bolster its upward trajectory. The price is expected to ascend to mitigate the bearish OB, fill the imbalance, and seize liquidity.
💎 Additionally, the volume is demonstrating robust momentum, indicating potential upward volatility.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
$ENS got stopped overnight with my SUI play . kept stop too tight
wanted to hop back on but bitter so not gonna
this bubba closed above daily on 13ema so lets keep the range low as our invalidation
and wait for a flip of the yellow line on the 1hr
Bitcoin still undecided but surely wee pump to mark the weekend
ENS - We could have one more leg down
Price has been reacting since early june, but My primary count still considers that we need another leg down below 6.69.
To be honest, I´m not really comfortable with the timing of wave 4... but I´m keeping the bearish bias for now and will look for short trades.