ENS
🟢 ENS / USDT ? give us confimation ?Hello friends. Please support my work by clicking the LIKE button(If you liked) comment your Opinion to help me make a better analysis, 🙏🏻🌹 love you so much let's take a look at the chart.
I can see a rising channel + double button but it's important to see a confirmation candle on the support zone and after that, we can enter position !!!!! without confirmation candle, this analysis fails.
ENS Ethereum Name Service currently in the H of a C&H PatternENS is something that was brought to my attention recently by a CC member. When it released a few weeks ago it went from 30 to 85 in no time flat. From there we started to develop an almost textbook cup and handle pattern. We are currently in the handle and there is potential for huge breakouts (one almost happened). This is a coin I am going to watch and get into if I see the right patterns emerge but this is a great start to a new crypto.
ENS Trade Plan ENSUSDTBearish
1) Bearish engulfing candle at 75 region
2) Resistance at 83
Bullish
1) Higher highs higher lows
2) Trend line Support
3) fib 38 percent level at 66.98
4) Cup and Handle Formation
Trade Plan
i) Buy at current price i.e. 69.19
ii) Stop Loss at 63
iii) Take Profit 1 : 76
iv) Take Profit 2 : 84
$ENS Breakout Let's get ready to rumbleeeeeeeeeeeeee!
$ENS isn't even a top 100 coin, yet it's one of the most used Dapps on Ethereum.
I expect $ENS to take out resistance these next few days, and blow off to around $100-$120
$ENS has been extremely resilient compared to $ETH and it's a great coin for hedging $ETH downside.
Pack your bags.
ENS/USD to $110 (HODL)(COINBASE LISTING)YOU CAN NOW TRADE ENS ON COINBASE
Support: $42.50-$40.00/ $36.00-$34.00/ $30.00 / $20.00
Resistance: $50.00-$48.50/$58.00/$65.00/ $75.00/$86.00/$96.00/ $110.00
Ethereum Name Service, a protocol that issues non-fungible tokens (NFT) that can represent Ethereum addresses as well as web domains, launched an airdrop portal for its newly issued ENS token. Airdrops are a token distribution method that awards a portion of circulating tokens to Ethereum addresses that fulfill certain parameters, such as having purchased an NFT.
ENS NFT holders are currently eligible to claim tokens, with many users reporting allocations worth upwards of $20,000, and the project’s circulating market cap currently sits above $500 million.
Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum Name Service protocol, which issues nonfungible tokens that double as Ethereum addresses and web domains, distributed an airdrop for its new ENS decentralized autonomous organization (DAO) token.
The resulting airdrop translated to an instant five-figure payday for many holders and there are those who would have registered multiple ENS addresses to multiple wallets, meaning some holders are in possession of a six-figure airdrop.
It had been widely expected that an airdrop was in the works for members of the ENS community, especially because the tactic has become more common throughout 2021
The claims process for ENS tokens began at 7 pm on Monday, Nov. 8, and qualified domain holders have until May 4, 2022 to claim their allotted tokens.
The number of tokens each qualified user receives is based on a calculation that takes into account how long an address has held a domain as well as the length of the domain registration, with a cut-off of eight years.
Lower level tiers have received an average of 200 ENS tokens, while the mid-level tier has received 500 ENS and the most active participants have earned 1,000 ENS.
Claiming tokens also requires active participation from the domain holder, who has to vote on four articles of the ENS governance constitution designed to get the new decentralized autonomous organization off to a solid start.
Users must also delegate their token voting power before getting access to their tokens and Coinbase has emerged as one of the top delegates in early voting
Outcome of Previously Published Wyckoff Accumulation Pattern ENSThe yellow sections are composed of the price prediction I made on Nov, 16, 2021. I saw the beginning of a Wyckoff Accumulation pattern forming and traced out how I thought it would play out over the following week or so.
It would appear that the Wyckoff pattern prediction was a solid prediction, I however was 66% too fast in my prediction timeline.
ENS potential to increase 40% - 140%#ENSUSDT
$ENS broke out descending resistance zone and price is at support, next resistance is between $53 and $57, that if success to break it, help to increase to $69. and break out from $70 can take price to $91 and even $114.
break below ascending support will invalid this scenario.
ENS Wyckoff Accumulation Prediction UPDATE: Shifted to the RightUpdate: Shifted the prediction pattern over to the right to fit over the current dip in price. Done in order to gauge the accuracy of the movements.
Ethereum Name Service (ENS) Wykoff Accumulation Price PredictionA price prediction for the ENS token using a Wykoff Accumulation pattern on the 2-hour chart for ENS/BUSD on Binance.
The initial spike in price on Binance has been omitted from this prediction as it was mainly due to the listing of the token on Binance and the spike in liquidity that came with it to the platform.
Looks like ENS is currently headed into Phase C of the accumulation pattern. Will be interesting to see how this prediction manages to fall short of what will really happen with the price.
Currently, if this prediction plays out in any fashion, the price chart looks like it is preparing to print out a nice "W-Pattern" in the coming days.
ENS Possible play-out towards $110#ENS token possible play-out towards $110
Its too early for major price predictions since its fairly new.
As per the supply we can expect a $110 target in the very short term and if the market stays in bull mode we can perhaps see a 3x to 5x parabolic move on the upside.