ENSUSDT trade ideas
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.
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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 🦐
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
$ENS got stopped overnight with my SUI play . kept stop too tight
wanted to hop back on but bitter so not gonna
this bubba closed above daily on 13ema so lets keep the range low as our invalidation
and wait for a flip of the yellow line on the 1hr
Bitcoin still undecided but surely wee pump to mark the weekend
ENS - We could have one more leg down
Price has been reacting since early june, but My primary count still considers that we need another leg down below 6.69.
To be honest, I´m not really comfortable with the timing of wave 4... but I´m keeping the bearish bias for now and will look for short trades.
ENSUSDTENS, after breaking the bullish trendline, has now found support on another historical support zone that could potentially push the price back up. The target of this upward movement could be a retracement to the previous trendline or a break of the downtrend line. The entry zone below $10 can be attractive.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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
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. 🔴
ENSUSDT LongPure Price Action and Confluence Trading. Support and Resistance Line, Ema’s and Fib.
We believe ENSUSDT entered a huge Distribution phase since Jan 2022.
Presently We have a pennant pattern breaked upward, with multiple daily pinbar buy candles.
We are Long from 12.75 and stop below 11.50
We are also hoping for a good weekly close.
We ask Almighty Allah for guidance and rewards.
ENS USDT PERP Hello Trader 👋, today we are looking to BINANCE:ENSUSDT.P
description : rejection of the supply area occurs and will return
to the small demand area on a small time frame.
can be in a long area there so that there will be a bounce back in that area
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
Disclamer: Not Financial Advice
ENSUSDT - Long by Supertrend, ADX and MA 4/15/20231. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Long trend when closes candle is above the green line.
3. MOVING AVERAGE INDICATOR:50
- Long trend when closes candle is above MA line.
- BUY/LONG: reject to Supertrend at current timeframe.