ENSUSDT trade ideas
ENS/USDT looks good to shortHey guys!
Last one for today is going to be ENS/USDT pair which looks like going for lower support soon. Well won't talk much here everything looks clean we think.
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ENS/USDT - SHORT SWING----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ ENS/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Short)
Leverage: Isolated (5.0X)
Entry Orders:
1) 17.07 - 100.0% (249.222 USDT) ✅
Take-Profit Orders:
1) 16.64 - 75.0%
2) 16.5 - 15.0%
3) 16.16 - 9.998%
Stop-loss Orders:
1) 17.37 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1
$ENS - ConsolidatingClearly consolidating at resistance - there is a want to go higher - seeing shorts being swallowed.
If can push through and retest - turning resistance to support - should see a push to higher line -> Big IF however - if rejected aim low support...
Largely will be related to MACRO environment over next week
If CPI / US Jobs data come in on-expectations - expect a push lower - this is due to likely response from FED being "right - we haven't broken anything yet - lets push harder for 75bps hike" - if however jobs growth / income growth weaker than exp. will see some evidence of risk on appetite....short term
Lets see.
Remember the market is forward looking - these things are around 75% baked in already.
🔥 ENS Long-Term Idea: Accumulation FinishedIn this analysis I want to talk about the possible end of accumulation of ENS. Where we saw a strong downtrend in the first half of the year, ENS has been making higher-highs ever since the market bottomed in June, see dotted lines. ENS seems to be following its own path, instead of following BTC's price action, which gives more hope to a bullish move.
In my view, ENS could see some kind of bullish break out move occur in the next couple of weeks. Targets in blue.