ENS analysisToday we would like to share with you a very interesting and promising ENS coin. In May, we saw a sharp drop of this coin by 75% in 8 days, this is our main nearest resistance .At the end of this fall, we see a culmination on very large volumes, which indicates long-term buys of big players ,when we came to test this zone for the second time large volumes came back out for buy, which indicates that this is a zone of interest for the buyers. After accumulating for 2.5 months, we successfully exited above the $12-13 zone and showed a 145% increase from the bottom, which is a positive signal in such a bad market. And now, during the correction of Bitcoin, we tested the zone on the reverse side, collected stop losses and are already showing an increase of 25%, and this catch of stops can be a potential local Low before the next local High, and in the optimistic case we have the potential to the main resistance (100% growth). Cancellation of the scenario will be drop below $11 which opens a way to $7-9 in the demand zone. I'd be looking for buys after sure fixing over $14.
ENSUSDT
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!
Ethereum Name Service (ENS) forming Cypher for upto 13% moveHi dear friends, hope you are well and welcome to the new trade setup of Ethereum Name Service (ENS) Bitcoin pair.
In the previous trade, ENS pumped well, but went very close to the target and dropped down.
Now on a 4-hr frame, ENS is about to complete a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
(Ethereum Name Service )-ENS/USDT Update 📈📉HEY traders, what's going on today ?!
Since 18 Jan 2022, "Ethereum Name Service" after a lot of ups and downs , has been declining till now, I expected to see the higher prices but it wasn't successful to take over previous pivot zone . (more than 50%💰 (1x)long ).
today I'm gonna have another analysis for ENS/usdt on the daily timeframe , So as you can see , it was in a consolidation phase and
recently has jumped by more than 60% with a huge volume , it can test the pivot zone and descending trendline but at there I expect to resist against the price . and can decline to lower support zone again . then can re-attack the descending trend line and if it be able to breakout the line ,it can see the higher resistance zones or VWAP line .
but otherwise if it loses the support zone ,it'll again fall to lower support fibo levels !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
ENSUSDTHi, I hope the coming week will be a profitable week (:
The price is moving inside a descending channel.
If we ignore the triangle pattern, considering the yellow range and the type of previous movement (inability to enter the $10.817 range), we should have a reaction to the $9.733 range.
I prefer to close 75% of my sell trade at the $7.364 price range, but I can't ignore the triangle target, so that leaves 25% for that range.
Be sure to share your comments with us
Ethereum Name Services Can Grow 123% Within Weeks!These charts that are sharing are meant for the short/mid-term... Some can move and hit all targets within weeks.
Here we have ENUSDT (Ethereum Name Service) which we traded successfully in the past.
A new bullish round brewing...
Out of nowhere, it will go from slow and shy, to fast, strong and sudden growth.
The entire Altcoins market will turn.
Namaste.
ENS DAO NFT Culture Now that ens is under $10 (not the $3 I predicted in November 2021, but close enough) it’s looking like a bright spot in the crypto market. One thing that many shitcoin crypto projects have failed to do is create value in any way.. No products, no use case, literally a ponzi. ens domains maybe building something and it’s profitable. I’ll admit it’s not much but it’s something and it’s gained a lot of traction on Twitter. They have a product (.Eth domains) they have revenue, and they have a governance token which could be used in the future to allocate the profit from .eth domain sales towards anything really.
I’m gonna start posting some of my picks for best cryptos to invest during the cryptopocalypse - here’s the first one - ens, ill start buying a little now. I don’t care if it’s the bottom, I’m ok with ens going to 0. I’ve also started accumulating .eth names as well as other domain extensions like .XYZ .NFT and more. It’s kind of fun once you get into it, and it’s a low barrier of entry. I already sold a few .Eth names for profit after just a few months of playing with them.
Ethereum Name Service Holding Support (vs Tether)Here is a pair we like that we traded successfully in the past, ENSUSDT.
Just as we saw with Cardano (ADAUSD), the 12-May low/support holds again for ENSUSDT.
We have a higher low and there is potential for a bullish bounce.
Any trading above $7.35 and we are strongly bullish.
Moving and closing below $7.35 is the stop-loss.
Any trading below this level and we lose the bullish potential.
Right now ENSUSDT is aiming higher.
Charts are always changing and can always change.
Make sure to have a well developed plan; a great strategy...
Before you trade.
Namaste.
ENS/USDT BUYING SETUP (SWING)Buying #ENS/USDT (SWING)
$ENS rejected on resistance trendline symmetrical triangle and back to retest on demand , and in demand zone showing rejection and make a pullback. in 1H time frame closing with strong bullish enqulfing candle so potential back to try breakout the resistance
we can close if can't breakout
Buy zone : 11.75 - 11 - 10.5
Target : 12.55 - 13.8 - 15.42 - 17.29 - 18.84
Stop : 10
I called the ENS bottom, up 75% - BREAKOUT UPDATEENS has completely decoupled from the rest of the market and is up ~45% in one day.
TA helped me spot the opportunity and I called the bottoming pattern on my previous post, but the real fundamental driver here is that ENS domains are the current NFT craze - cointelegraph.com
Last night it perfectly retested the 12hr 200SMA / 1D 50 & 100 SMA which sent it soaring 40%.
I'm posting this as the price is retesting the resistance/breakout level I previously identified. If that flips to support, we can consider the possibility of further upside.
If we break back down into the descending channel, consider buying around the zones/levels I've identified.
If this domain NFT bubble is short lived, we may see ENS re-couple with the rest of the market soon. However, I think ENS is a great project with huge fundamental value in Web3. I have been trading my $ENS airdrop tokens but will definitely be looking to re-enter that position at support.
Follow me on TV and twitter (@ crypto_donovan) for more setups / updates !
happy trades,
CD
$ENS/USDT 3h (#BinanceFutures) Falling broadening wedge breakoutEthereumNameService just regained 100EMA support and looks good for short-term recovery, probably after a last dip!
Current Price= 12.964
Buy Entry= 12.702 - 11.530
Take Profit= 15.409 | 18.184 | 20.961
Stop Loss= 9.472
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.35
Expected Profit= +27.18% | +50.08% | +73.00%
Possible Loss= -21.82%
Fib. Retracement= 0.559 | 0.702 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #ENS #ENSUSDT #DNS #Domain #Web3 #DAO #Governance #NFT #DeFi #SolEco
Websites: ens.domains ens.mirror.xyz
Contracts:
#ERC20 0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72
#SPL CLQsDGoGibdNPnVCFp8BAsN2unvyvb41Jd5USYwAnzAg