ENS - Triangle Breakout PossibilityA large triangle has formed on ENS
Possible that price will break out bullishly
Consistent higher lows are evidence of the bulls
I believe this is a symmetrical triangle
ENSUSDT trade ideas
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
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Disclamer: Not Financial Advice
ENSusdtAccording to the overlap, the next target is 14.85, this analysis is obtained from the balance switch style and is accurate.
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.
ENSUSDT is testing the dynamic resistanceENSUSDT has recently experienced a breakout from an ascending channel pattern.
This breakout indicates that the previous uptrend has potentially ended and a new trend may be starting.
Currently, the price is testing the dynamic resistance level, which suggests that there may be some selling pressure at this level.
According to Plancton's rules, if the price were to break below the local support level at the $13 area and subsequently retest it as a new resistance level, this would present an opportunity for traders to consider new short positions.
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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 🦐
RIDE 2 X LONG BULL ON ENS USDT 4 HOURS CHARTDear Tradingview family,
Symbol: #ENS_USDT
Strategy: #Trend_TRADING #Trendline #Support_Resistance
Indicators: #Price_Action. #Chart_patterns #Trendline #Support_Resistance
Anchor Time: 4 Hours
Trading Time Frame: 1HOUR
Trade Call Type: #LONG.
Order Type: BUY LIMIT
Entry: BUY when Price test the trendline.
Entry price: 13.41
Take Profit: 15.90
Stop Loss: 12.17
RRR- 1:2
Methodology:
As a professional and experienced forex, crypto and stocks trader, I will be using a rigorous methodology that involves analyzing the price action and key levels and using a combination of indicators, harmonic chart patterns and chart patterns. I will be looking for potential trendlines , support & resistance levels where the price action may reverse and using our indicators to confirm the validity of our analysis. Based on my analysis, I will then determine the optimal entry and exit points for our trade, as well as the appropriate stop loss level to manage risk.
Conclusion:
Based on our analysis, I believe that there is a potential trading opportunity for a LONG trade.
Risk Assessment:
Conservative Traders risk 0.5% to 1.5%, moderator traders risk 1.6% to 3.5% and aggressive traders risk 3.6% to 5% of their account per trade.
Please use Position size calculator to calculate your risk per trade.
Overall, I believe this setup has a good chance of success based on the technical analysis , but as always, it's important to monitor the price action closely and adjust the trade if necessary based on new information.
ENS🏁🏹🛡Chart ENS time daily
It has a triangle pattern, if it is a spot, it is suitable for buying, and if it is a futures, it is suitable for long
ENSUSDT is inside the ascending channelENSUSDT is currently undergoing a testing phase of its static support at 13.30 within an ascending channel. This means that the price is being supported at this level, and there is a possibility that it may continue to rise within the channel.
However, there is also a chance that the price may retest the 0.5 Fibonacci daily resistance, which could potentially trigger a new bearish impulse. This means that the price may experience a downward trend, which could potentially lead to a sell-off.
According to Plancton's rules, in the event of a breakdown, it may be advisable to take a short position.
–––––
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 🦐
Bullish Trial Before FOMC MeetingOKX:ENSUSDT
1H bullish butterfly and gartley patterns meets @ same level with Five-0 pattern.
We have also diagonel and parallel support.
When price reaches 13.5 level we will be looking for bullish price action signal.
May the force be with you.
Ascending Triangle (15M) There is an ascending triangle forming on the 15 minute for ENS, these usually break upwards after trying to break a straight horizontal resistance after a while, this also usually occurs after a uptrend and with a decreasing volume! I expect a break to the upside and to make a new high on the higher time-frames.
ENS , Ascending Broadening Wedge Ive been seeing a ascending broadening wedge form in the short term for $ENS, this wedge is signing a huge symmetrical triangle forming since May. Overall outlook is bullish , on the 4HR we see a double bottom forming. On the 1D we found support near the bottom of the triangle.
ensusdtHey traders, here is the analysi.
If you guys like my analysis please hit like👍 and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT
ENSUSDTHey traders, here is the analysi.
If you guys like my analysis please hit like👍 and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT
ENSUSDT 80 % pump (NEW)ENSUSDT looks bullish.
Support has held and it has been retested several times. Now it looks like the trend is ready for a further continuation to the upside. If BTC doesn't dump hard, we should see altcoins catching up.
Stop loss, final target and 2 take profit levels are shown on the chart.
Good luck
ENS standard triangle breakout After one year, ENS finally completed the breakout from the asymmetrical triangle. Expecting strong bullish impulse in the next few weeks.
ENS - Similar StructuresBoth share structural similarities in the green rectangles
I am quite bullish on ENS as it is a useful tool in Ethereum ecosystem
Lets see if the following up move is the same as the first structure
ENSUSDTPERPENSUSDTPERP 1H TF just about to enter in bearish trend as it has already broken last higher low and price did not reach last higher high and closed below HL.
$ENS0scalpApproaching 200 ema on H4 after fake breakout from the pennant
already had its golden cross but no action guess waiting on the market direction ,
assuming corn flips 23700 this should giga pump like the rest of the alts
bid 15.30-15.50
sl 15.27
target moon
ENS/USDT Analysis, either way - LONGENS 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-updatetesting breakout area if anyone looking to hop on yellow line below is a decent spot incase of a liquidity sweep
apart from that still waiting for higher
ENSUSDT future for 2.5%/25% Absolute X3My recommended trades are based only on the uptrend of the market. It will be opened in the time frame of 1 hour and at the end of the day, profit trading will be closed with any amount of profit. And only losing trades will remain open until they are liquidated. This trading strategy is backtested and works only in an uptrend.
