ENSUSDT trade ideas
Ens In the next 10 daysIf we look at the chart in weekly mode, there is a strong resistance in the $14 price range, which will cause the price to fall back to the $10 range.
My prediction is that we will return to the $10-$9.35 fimity range twice more in the next 26 days. that these two collisions will be a double bottom pattern and the price will increase to the range of $38 in the next 3 months
Ens in the next ten daysIf we look at the chart in weekly mode, there is a strong resistance in the $14 price range, which will cause the price to fall back to the $10 range.
My prediction is that Ens will return to the $10-$9.35 fimity range twice more in the next 26 days. that these two collisions will be a double bottom pattern and the price will increase to the range of $38 in the next 3 months
ENSUSDT wants the Daily support?The price is testing the 0.382 Fibonacci level as new resistance.
We could see a spike until the 0.618 Fibonacci level
How to approach it?
IF the price is going to lose the support and retest it as new resistance, 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 USDT | everything is possible!Despite the bear market that struck most cryptocurrencies in Q3, ENS managed to keep generating revenue. While witnessing growth in terms of its network and daily activity, the future outlook for ENS seems positive.
ENS is trading at $13.13 and it had appreciated by 8.36% over the past seven days. However, in the past 24 hours, its volume depreciated by 6.47%. At press time ENS had captured 0.03% of the total crypto market.
ENS technically is above a very important support between 13 to 12.5 and breaking this support in daily or weekly time frames will open the road to 8.5 and 7.37 supports (decline by -30% to -40%)
We may open a very discreet trade according to the current support.
#ENS/USDT
🟢Entry price: 13.15 to 12.5
🎯Targets:
|> 14.17(Sell 40%)
|> 14.95 (Sell 30%)
|> 18.73 (Sell 15%)
|> 22.75 (Sell 15%)
🔴Stop-loss: 11. 35 (1D or two 4h candles Close under it)
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 4%
please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money.
stay safe and trade safe
thank you!
ENS will find support lowerHi everyone!
Yesterday whales were dumping ENS on the ENSBTC pair. As you can see we are on top of the range and the price has been rejected multiple times from the top.
I'm expecting a drop followed by a rise from the last support.
Please let me know what you think about this idea!
ENS/USDT might go for a turnoverHey,
Long time we haven't spoken about this coin so it is time to take a look again. And last time we had such a setup it ended up well (We had a turnover). So let's see will we reach any targets here or no.
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Disclamer:
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Impulse level breakdown. Gathering of liquidityA strong local resistance level has formed on the instrument, behind which there are many stops of participants, as well as the formation has the form of an ascending triangle, which indicates the interest of buyers.
I will wait for the formation of consolidation and impulse breakdown of several percent with volumes in the tape.
ENSUSDT | MULTIPLE RESISTANCEENUSDT has hit the horizontal resistance zone.
The price on upside will face falling resistance, MA100 and Horizontal resistance too. The price action took a beat from that resistance zone .
We are expecting a downfall of price from resistance zone towards it support zone . The bears will take control from resistance zone . While bulls will be only in party if price closed above falling resistance line.
Trade your levels accordingly.
ENSUSDT is creating the head and shouldersThe price created a head and shoulders on 20$ area where the market got new liquidity to create a bearish impulse until the daily dynamic support
How to approach it?
the price could have a pullback until the 17$ area and create a new bearish impulse according to Plancton's Rules
–––––
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 1D (#Bybit) Symmetrical triangle breakoutEthereum Name Service seems to be ready to go back up after regaining the descending Trend-Line.
ens.domains ens.mirror.xyz
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +27.84% | +48.78% | +69.74%
Possible Loss= -23.27%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2-3 months