#ENS / USDT
Price on very long Accumulation since 2022 !
Multiple attempts to breakout ..but all failed
Keep an eye on it Because once it break it will fly hard
Given the media hype surrounding the CRYPTOCAP:ETH ETF and the word #Ethereum, which is also in the name of the #ENS token, it's no surprise that #ENSUSD price has been rising so well over the past week
#ENS is an Ethereum Name Service token used to manage the protocol and influence the pricing decisions of its .eth address and price oracle.
Since the story...
ENS ~ 1W
#ENS Make purchases gradually or you can make purchases after successfully breaking through this resistance block. , With a target of at least 20%+ from here.
The price has moved to the weekly resistance WR1 and got rejected from there on the first attempt and found support on the zone where weekly support WS1 lies. The price made another attempt at the weekly resistance WR1 only to get rejected again. The price is currently trading under this resistance after getting rejected. If the price lands on the support WS1 then...
💎ENS has recently exhibited notable market dynamics. After experiencing a significant bounce from the demand area and facing rejection upon reaching the resistance level, the price is currently in an upward trajectory, encountering a crucial resistance zone.
💎 If ENS successfully manages to break through this resistance, there is a probability of a retracement...
ENS has been on a bullish rally since the beginning of the year, after a correction which saw price pullback to $21, price action has finally broken out of it's descending channel, indicating a change of character. I'm anticipating a 50-100% gain before January closes.
TRADE ALERT!ENS
Ticker: ENS/USDT
Entry: 16.70-18.25
Take Profit:24.00-28.00
Stop Loss: 14.00
Risk to reward: 1:2
Technical Thesis: Price is taking a pullback.We have 0.5 fib and 0.618 fib zone.
18.25$ to 16.70$ area.Expecting a bounce in price from this level soon.
💎 ENS recently faced a setback, encountering a firm rejection at a critical resistance area. This has led to a retreat towards a previously established support zone, now a focal point for a potential retesting phase.
💎 Market watchers are closely observing whether ENS can demonstrate resilience at this support level, the probability indicated by a bullish candle...
BINANCE:ENSUSDT Long idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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BINANCE:ENSUSDT Short idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
ENS Is moving in a triangle with a clear demand zone!
Breakout will happen now or after another touch at the demand zone!
Im placing limit orders at the current price and at the demand zone.
#ENS Reasons for possible growth:
1. Whales and their accumulations look "healthy"
2. Network growth. In the case of ENS, "the crowd is buying the fall." Whenever the crowd "buys the fall" - it's gone. Only when the crowd "gives up" can it go in. If the metric doesn't go up much in the next 48 hours - maybe the crowd has given up.
I wonder how such a crappy...
