🚀 #ENS @ensdomainsis showing a stunning Regular-Flat (a,b,c) structure 😍 There’s a slight bullish divergence on the MACD between the two tops (🟠). But on the MACD (⬜️) we can see that the correction is done. Looking for to reach at least $23, then aiming for the top! 💸
🔍 ENS/USDT Analysis: Key Dates for Strategic Moves 📉 The ENS/USDT chart highlights important upcoming dates where price movements may present trading opportunities: • August 25, 2024, September 3, 2024, September 20, 2024 - Red Lines: These dates mark potential local peaks. Traders should consider these as moments to take profits or reduce exposure, as the...
🔍 ENS/USDT Analysis: 4-Hour Timeframe 📉 The ENS/USDT chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. These signals should be analyzed in conjunction with higher timeframes for a comprehensive market view. • August 25, 2024, 5:00 PM - Red Line: This time marks a potential local peak....
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🔍 Technical analysis: Expanded flat modification - It is moving in a downward channel in the weekly and daily time frame. - The current corrective structure is completing a full 5-wave cycle. - According to the structure, an expanded flat is being formed. - This correction can enter an upward trend in the current area or a value lower in the range of 0.39...
🔍 Technical analysis: Complementary scenario of wave 2 of super cycle - In the analysis presented in the previous post, after reaching the range of 6.25 in a short-term ascending channel, a bearish reversal candle was encountered. - According to the structure of this correction in the form of a 5-wave zigzag, it can be a correction in the form of a 2-wave...
Upon reviewing the ENS/USDT chart, several crucial insights can be gleaned from the technical setup: Technical Analysis Resistance and Support Levels (R1, S1, S2, S3): The price recently retreated from the resistance level at R1 ($28.11), suggesting a lack of sufficient buying pressure to push through this barrier. The first support level S1 ($10.86) might act...
🔍 Technical analysis: Bullish Flag - It has been moving in an ascending channel in the daily and weekly time frames. - According to the analysis presented in the previous post, there has been a modification to the bottom of the channel and the ceiling of the previous major. - There is now an ascending flag form with a pullback to the broken cap structure of...
The ETH ETF began trading yesterday. In addition to direct benefits for ETH, which protocols will benefit from an ETH ETF. Almost all native protocols in the Ethereum ecosystem will benefit. Today, let’s talk about ENS, one of them. The main business of ENS is to provide name service on Ethereum. Anyone can personalize an account ID through ENS, converting it...
ENS appears to have completed a large triangle and is under support and buying pressure from this triangle. The green range is our POI and we are looking for buy/long positions in this range. The target can be the red box. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and...
Price at line, is it an indication of too high, I think so. Also, the price of ENS is kind of expensive if you ask me. I've promoted the aspect of ENS and do feel strongly about the concept as being innovative and creative still the price of Ethereum Name Service is around $160. Does the price of ENS peg to Ethereum like an NFT? I hope not and if so the price for...
🔍 Technical analysis: Ascending channel - It is moving in an upward channel in the weekly and daily time frames. - Within the ascending channel after a moving cycle, it has so far had good reactions to the tops and bottoms. - In the short term, it has been moving in a descending channel, which is recorded in the golden zone of a reversal candle. 💎 Therefore,...
🔍 Technical analysis: Descending channel - It has been moving in an ascending channel in the 1W time frame. - In the short term after the break of the descending channel, as you can see, it is moving within a descending channel. - After breaking the long-term ascending channel and pullback, it has had a correction up to the golden zone. - In the 8H time, if...
🔍 Technical analysis: Continue the downward trend - The daily frame time is moving in a descending channel. - Currently, in the PRZ area, which had a 100 -wave fiber in the previous fiber area. - If this area is preserved, it can first grow up to the middle of the cannon and then to increase demand to the channel ceiling. -If the area is exposed to sales...
(if we are lucky ofc) The network is pretty much unusable right now for regular people. A Rich man's chain. Either way the ENS chart presents a potential inverse head and shoulders that has a large log target reaching back to previous high's makes sense to me.
Price has found support on the middle white line on this 4Hr chart Very bullish situation for ENSUSD shown with the bars pattern in green I think this could easily go to $100
🔍 Technical analysis: Complementary wave C scenario - In the previously presented analysis, the C wave stopped at 0.78 fibo of the previous wave. - It is currently moving in a descending channel in the 2D time frame. - There is an FVG gap and it is now in the middle of the channel, which is also symmetrical with the 0.78 Fibo range. - If it faces selling...
🔍 Technical analysis: Ascending channel - It is moving in an ascending channel in the daily time frame. - It is currently located in the supply area and the roof of the channel. - If it can be placed above the supply area and break the ceiling, it can touch the targets of 37.5 - 43.75. 💎 Alternative scenario: if it faces selling pressure in the supply area...