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ENS / TetherUS

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ENSUSDT trade ideas

ENSUSDTThis is a 1D frame analysis for ENSUSDT As you can see, the price is holding onto its weekly support and we can assume that the price can see higher numbers if it can establish itself above the support line. With the consolidations, we can say that the price is in a range and if it can break out from either side, we can move in that direction. Suggestion: Given that the price has not established itself firmly yet, it is better to wait for the price to break out completely from one side before we start trading.
by MarsSignals
1
ENS Preparing for a Bull Run? | ENS/USDT Analysis💎Yello Paradisers, let's unpack ENS/USDT for a moment. Right now, it's navigating a downward channel, but we're keeping our eyes peeled for an imminent breakout. 💎If this breakout materializes, we can expect a dynamic price surge, just as we've projected. 💎Worth noting are the dual confirmed Order Blocks on the shorter timeframe. Given the liquidity in these zones, the price is likely to gravitate towards them. 💎Remember that a previous demand zone flipped into a supply area, leading to a notable price decline and aiming for the earlier Order Block. However, market uncertainty is a huge factor in this projection. 💎More updates are on the way, so stay tuned and make the most of your trading journey!
Long
by MyCryptoParadise_Simon
ENSUSDT a new bearish impulse?According to Plancton's strategy, if ENSUSDT experiences a pullback around the $9.5 price level and shows signs of potential bearish momentum, a suitable trading order can be set to take advantage of the anticipated bearish impulse. Setting a short order could be a viable approach in this scenario. A short order involves selling the asset with the expectation that its price will decline. By initiating a short position, traders seek to profit from the downward movement in the price of ENSUSDT. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
18
ENS/USDT Bullish move ahead ?👀 🚀ENS Today Analysis💎 ENS is primed for a bullish surge as it adheres closely to the trendline and maintains a strong support zone. 💎 The existence of a bearish OB, FVG, and liquidity are likely to bolster its upward trajectory. The price is expected to ascend to mitigate the bearish OB, fill the imbalance, and seize liquidity. 💎 Additionally, the volume is demonstrating robust momentum, indicating potential upward volatility. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
Analysis of the super future token ENSAnalysis of the super future token ENS This currency has been correcting during the last one hundred days (red downward trend lines) and has reached its price floor in the last 316 days! Due to being in a good block order area, we can hope for price growth. The range of $9.93 can be suitable for buying, and if the downward trend line is broken, we can hope for the price to grow to the specified levels. Don't forget capital management and compliance with risk to reward
by mansour1978
ABC Pattern Unfolding: ENSUSDT Elliott Wave Analysis💎 #ENSUSDT could be on the verge of completing an ABC pattern, according to the Elliott wave theory. After a strong bounce off the 88.6% Fibonacci support, we witnessed a breakout of the downtrend trendline, fueled by heavy buying pressure. 🚀 💎 Furthermore, the price is contained within a tight ascending channel, suggesting a potential rapid rise towards the Fibonacci-based resistance area. 💥 💎 However, we can't rule out the possibility of a price spike downwards, testing the downtrend trendline and the double Fibonacci support around the $10 psychological level. If this occurs, buyers should seize the opportunity. 🎯 💎 It's crucial to note that a break below the C-wave would invalidate the short-term bullish outlook, potentially paving the way for a continuation of the downtrend. 🔴
Long
by MyCryptoParadise