ENS 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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.