ENSUSDT trade ideas
ENS GO TO MOON VERY SOONHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ENS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RLinda ! ENSUSDT-> a buy signal is formed ENSUSDT A bullish signal appears on the chart, opening a good upside potential of 70%
The price forms a wedge on the chart, in a moment from the middle of May the price could not break through the support of 7.45. Gradually rising lows are forming, indicating the formation of a strong support zone.
Since December 31, when the cryptocurrency market started to revive, the price has strengthened by 60% and a few days ago ENS breaks through the key resistance.
I assume, since after the breakout the price forms a consolidation above the previously broken boundary, we have the potential to open long positions. The short-term target is resistance at 18.23, the medium-term target is 20.08 and 26.85.
Regards to R. Linda!
ENS : SHOWING INCREASE VIEW ON SCAN TREND ENS seems since the long term to show again some signals of increase , and the big question is if this coin is able to confirm the uptrend as it shows.
It's clear that the most of markets are into the breakdown, and that the main markets still need to confirm to get into an uptrend.
Since ENS showing an interesting view, we will check if its able to confirm some levels for the uptrend coming time .
ENS is more than only a coin, which makes them able to register the ETH domain names, and we see today an increase in market view for these domain names.
if you are interested to register new ETH domains or to check existing ones, have a good study on it before taking any action.
We personally did start the 06 numbers idea on ENS , below this update you can find the view of it. (it's our idea and we expect it will grow with time, and it's nice if you are interested in this market and how to build your ideas depending on your plans.
We did use the concept of 06 numbers, different countries + EU having 10-digit numbers that start with 06, and we know that unique numbers have always been hyped and worth value, so for this reason and other reasons, we did make them online connecting the ENS concept and we expect with time it can become more wroth
on ENS there are still free numbers or other random names to register on the original site then you are able to add them for selling.
If you have any nice ideas for registering ENS domain names share them with us so everyone can read it.
ENSUSDT is testing the breakout it has broken out of a rising wedge pattern, indicating a potential trend reversal. This breakout was supported by liquidity from the 19$ area, which provided support for the price and helped to push it above resistance levels.
The breakout has led to a retest of the resistance level, which is a common occurrence after a pattern like this. Traders may want to wait for a confirmation of a breakout above this resistance level before entering the market, as this would signal a continuation of the upward trend.
The next possible target for the price is the supply area at 18$, which is a key level of resistance. A breakout above this level would signal a continuation of the upward trend and could lead to further gains in the price.
Overall, the recent developments in the ENSUSDT market suggest that it has strong potential for upward price movement in the near future. Traders who are bullish on the market may want to consider entering at current price levels or setting a buy order above the resistance level in anticipation of a breakout.
The pattern Adam and Eve is a bullish reversal pattern , that indicates that the price is going to go up, it's characterized by two consecutive bullish candles, the first one is a long green candle and the second one is a small red candle that is enclosed by the first candle, this pattern is usually seen as a sign of reversal.
ENS/USDT possible breakout to happenHello guys
Let's kick off this week with ENS analysis. Well as most coins this one has also formed Cup&Handle pattern which is on the edge to break. Currently the price is held back by EMA200 mostly which has formed in that resistance zone os breaking this would be good for buyers. Any thouhts?
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ENS/USDT IS ABOUT TO MAKE THE FIFTH WAVE(ELLIOTT WAVE)It seems clearly on the 1h timeframe that ENS is going on an elliott wave and about to make the third impluse wave & the fifth wave of the Elliott wave pattern.
So, we can take this trade here, take-profit was mesured by the Fibonacci tool .
Do your own research, I'm just sharing my idea.
Comment below your opinion !!
ENS SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ENS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✴️ Ethereum Name Service Points UpwardWe have many patterns and signals here on this chart.
We have some harmonic patterns, not drawn.
We have an ascending channel.
We have the Adam & Eve bottom pattern.
We have a consolidation pattern.
Bullish momentum is growing.
The trading volume is not so good but when looked in the context of what is happening, rising prices and markets going bullish, it can signal that the action is yet to start, this is only the beginning.
I would like to keep this one simple.
The potential targets/resistance levels are marked green on the chart.
Namaste.
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!
ENSUSDT is testing the supportThe price is testing the support on the 4h timeframe after a clear breakout from the descending channel as I told you in my previous idea.
How to approach it?
IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐