ENSUSDT trade ideas
ENS dipping down before hitting $37Pretty new to this so bear with me, but the four hour and the one hour are overbought. On the Kucoin market book, $37 has a big sell limit order. If the BB squeeze did come out well, we'd trend up but yes, a little dip is coming today that will be short term but overall the 12 hour is showing lots of momentum going up.
Exit at 32.5, Enter 15.22 for the next bullish wave.Depending on the structure of the chart, ens will have two return uptrends over the next two weeks.
The first climb in the range of 32.5 will hit heavy resistance and will return to the price level of 15.22 again.
The next bullish wave starts after this fall and will continue in the range of 65.8.
ENS : Would this bring us to next hype level? 100 usdENS shows movement volume into small range trading
The long-term goal of 100 USD + is a possible trend - total cap low - and the project has an interesting end goal.
Short-term goal 30-44 USD ( never hope on fast changes, as markets can take in some bear markets a long time before recovery - even on that reason this looks interesting.
Breakout chance 77%
Why increase?
- ENS shows volume movement and good technical signals
- open-sea shows also more increasing on.ETH domains - where this project stands behind it.
This can become in long term a hyped trend - but know the same time the risk of cryptomarkets.
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time. - this last one is very important.
ENSUSDT ! The coin is stronger than the falling marketENSUSDT is a young coin that appeared quite recently. Feels very good against the backdrop of a falling market.
There is a global resistance level of 24.86. The price does not fall after a false breakout, it returns to the red resistance retest
I assume a breakdown of the level up and a price recovery in the short term to 28.9
Medium term goal - 40.05
Sincerely, R. Linda!
ENSUSDT 4H BUTTERFLY PATTERNButterfly
The Butterfly Pattern is a distinct 5-point extension structure that was discovered by Bryce Gilmore and further defined by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.786 and the PRZ consists of 3 converging harmonic levels: 1) 1.27 extension of the primary XA leg, 2) AB=CD pattern, either equivalent or 1.27 and 3) Extreme BC projection of 2.00, 2.24 or 2.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 1.41 extension of XA. Conservative traders look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures.
$ENS - ready for the breakout?the price formed a pattern we can identify as a cup&handle, or a rounding bottom, and if its resistance ( @ 20.5 ) is broken, we can expect a good rally to the upside
I'm looking for an entry above the monthly dynamic level @ 23.4 , if the price manages to close above that without an overbought RSI (>70) targeting at least a 12% profit - I'm going to post an idea about this if this scenario plays out
let me know what you think about this!
ENSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ENSUSDT
The price was able to touch the first resistance line a few times and although it reached the first resistance line, it could not break it and move over it. Now we have a fall in price and it is fluctuating below the this line and we predict two scenarios for it. Either it is able to move over the first resistance line and continue its trend to the second resistance line or it will move below the first support line and then it will have more decline to the second support line.
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
#ENS/USDT 4HOUR BY CRYPTOSANDERSWelcome to this quick ENS/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to ENS/USDT chart analysis by cryptosanders
As we can see from the above-mentioned chart that ENS/USDT created an inverse head and shoulder pattern and broke the neckline upside. Currently, ENS retested the neckline and pumped we can take entry at
Here the green zone is the zone to go long on the spot or low leverage.
entry:-$18.80,$19.65
target:-60%
stop-loss:-$17.90
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.