ENSUSDT trade ideas
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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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 🦐
ENS: Buy the retracementHello Traders!
Welcome back to another episode with analyst Aadil1000x.
We can see there is bullish pressure in the market and we will buy BTC from the reversal Area.
ENS Buy Limit @ 10.711
Stoploss 10.604(-1%)
Target 1, 10.866(+1.45%)
Final Target 11.05(+3.2%)
Don't forget to hit the like button and follow to stay connected
ENSUSDT is testing the support after a false breakout!
the price is testing the dynamic support after a false breakout
How to approach it?
IF the price is going to lose the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
–––––
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 🦐
ENSUSDT shortEyeing up a potential short entry on ENSUSDT. Breaking below flag. Monthly pivot point providing nice resistance level to invalidate trade idea. Ideally entry would be flag/wedge retest in the 13.5-13.75 zone. TP target around 10.5 for nice 1:1.5 risk to reward. It's a big move, so use leverage cautiously!
ENS IDEAHELLO GUYS THIS MY IDEA 💡ABOUT ENSUSDT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like and follow thanks