ENSUSDT trade ideas
ENSUSDT is creating a bear flagThe price is creating a bear flag between the daily structures above the 0.618 Fibonacci level
How to approach it?
IF the price is going to lose the support and retest the daily support 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.
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Follow the Shrimp 🦐
ENS - Chart update WITH PRICE ACTION TARGETSThis update is a small View for ENS - and where the price action could go.
First of all - There is no any guaranty into trading - on this reason make sure your management are well.
Back to chart.
We have seen before a low point at 18 June of ENS where the price was around 7.64 USD, and since that time ENS looks to make new gains.
Also we can remember in start of 2022 the price of ENS was around 69 usd, what makes this coin changing very high in price action - and its not the only coin, since the bear market there are more coins that follow the BTC effect.
View from Technical analyses.
Since ENS looks to have still the green cycle on low time there are possibility that we can see soon a breakout what could go over the before price action of 24 usd on 04-05-2022 from here to that point its already over 50%. so the focus are also on that point - its hard to predict what will happened after - but if this point get again a re-enter ENS could have more price actions targets. Realistic focus are between 30%- 50%. ( in case of breakout)
The above view is Depending on TA - and study. so its not a fiancé advice - Make always sure you study the markets well - as markets can change any time.
We will see or there will be a breakout on ENS soon.
Great times!
ENSUSDT | RESPECTING SUPPORT ??ENSUSDT is in uptrend and printing higher highs and higher lows . Currently the price action is at rising support. The bullish candles formation on support will only confirm the respecting support and trend continuation.
The bears will be active below the break of rising support. While bulls need to hold the rising support.
Trade your levels accordingly