$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.
ENSUSDT trade ideas
🔥 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.
ENSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENSUSDT
Here we have R1 as our resistance area which contains the disability of the price to rise. And S1 used to be a resistance line. Thus, we have the fluctuation of price in R1 area and our expectation would be a rise for the price to reach the height of mentioned area (according to its past behavior). Then via having some falling signs, we expect a decline would happen to S1. Remember that if the price is able to fix itself over R1, more increase is waiting for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Short ENSFirst, I’ll explain my first reason for the low targets I have labeled. The height percentage from the head to the neckline is about 29%. A 29% breakdown from the neckline gets us to around the highlighted range which gives us an overall drawdown of 62% from todays price. The second thing I see here is the H&S pattern playing out along with topped out candles at resistance. I’m eyeing the 2.618 Fibonacci level as the bottom for ENS.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
ENS LONGENS already above the flag it broke out from closed the monthly under support but OPENED the monthly above the 10sma support line (which is is currently testing). Longing from here is not a bad idea as we have 6H and 8H support. and the monthly support Greedy bids are on the 4H kijun and daily 10 with a nice order block.
Ethereum Name Service (ENS) Mid-term Overview The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain.
It's Top-level domain name ".eth"
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Key resistance zone to start the run around 17-18, then 25.
Consolidation around 25 zone will take us to the ATH.
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NFA/DYOR.
ENS Ethereum Name Service LONG OPPORTUNITY 20220929A Big head shoulder structure
A valid break of the neckline is necessary for this trade
ENS, Ethereum Name Service, ENSUSD , ENSUSDT , ENSUSDTPERP , ENSBUSDPERP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
ENS - Opportunities are endlessENS has been great to trade, its kept roughly to margin pressure levels and has been trying to break out from this downward resistance for a long time.
Looks like some inverse head and shoulders which is a bullish pattern
Crypto market needs some liquidity for this to continue and rally higher. Etherway theres a trade for up for down with ENS.
I like ENS as its forms part of the crucial Ethereum Infrastructure, being the Ethereum Name Service. Like DNS is for Web2. ENS is for Web3.