ENSUSDT trade ideas
High Time Frame LONG OPPORTUNITYHere we see the 2 week 21ema and tenkan acting as resistance (took the short here). Looking for rejection to 2 week 10 sma which lines up with monthly candle support. If you flip over to the monthly chart, you see monthly 10sma (support) dipping down. Pay attention on monthly open to see where the monthly 10 lines up. Could dip down to the monthly candle support and 2 week 10sma for perfect retest and long at $14.30.
ENSUSD LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones.
If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
ENS SHORTThe price is approaching the supply area, which I can imagine, considering the slowness of the price movement, it can go up to the area of 29-30 dollars and then enter into a deeper decline.
The stop loss can be placed behind the static area.
ens price prediction lets see what happens. just paper trading this. aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
ENS : THE DAY TRADE COINENS : THE DAY TRADE COIN
Seems to have some interesting trend on short term trading.
The above chart targets are long term trends but same time ENS can shows unexpected short range increase.
ENS known from the unique IDEA to have ETH address depending on name and can build to more functions.
ENS USDT SHORT POSITIONQuick short position for this week.
With a proper stop loss and proper take profit targets.
Disclaimer:
DYOR and TAYOR
This is not a financial advice.
2 Week chart to watchIf anyone has been watching the 2 week, could have seen that recent PA was over resistance. Now we see the 2 week tenkan diving down and could open the new candle UNDER price. This would line up with monthly support 10 sma. Watch for the 2 week close today. If market dips mor, the 2 week 10 is a good long entry.
ENS is Ready For LONG PositionENS /USDT is Going to get a good setup for LONG POSITION
you can get this position with LEV10 X
Good Luck & dont forget to set SL & TP
ENSUSD Double Bottom PotentialDouble bottom along horizontal line, this has been seen before in the display on the left
Price just needs to break the red downward line and the breakout is confirmed
Potentially bullish on this 4Hr Chart
ENS ::: Potential Path ForwardBullish:
ENS bounces off the teal line or the white below it before continuing forward.
Bearish:
ENS breaks out of the teal Pitchfork.
ENS 1hr & 4hr Ethereum Name Service is a volatile mover when it moves. It's always a sick move when ENS goes but check out the two charts here.
Check out some of the %s of recent moves.
1 HR: The way the 1hr chart has the curve to it is bearish. RSI and MACD are showing bearish signs as well. ( If reds over blue, you have no clue).
4 HR: It looks like a bull flag and looks healthy. But, damn... look at that DBSI score on the 4hr. It seems like a lot of bearish pressure is forming.
This is why we need to zoom out; I would short that 1hr chart, but the 4hr is questionable.
I think we will have more answers next time ENS reaches $20.
Bear Flag, Diversion in Volume. ENS ENS is making a bear flag in 1D time frame and having a diversion in volume. Price increased but volume decreased which means it's gonna turn in to a downtrend. A swing trade for Short with ENS will be fruitful
ENS - Head and ShouldersENS has been characterized by strong buying pressure in the recent days.
Currently it has formed an interesting head and shoulders pattern on the 1H timeframe with the formation of a triple top.
I will short the coin at this price levels with very tight stoploss with target at around $18.5-18.
ENS to 2x$ENS #ENS or #EthereumNameService forms a nice bullish setup with a cup formation and increasing volume.
Via TokenTerminal, in the last 180 days the protocol has been generating consisting revenues too.
First TP area: $38-$40
Second TP area: $55-$60
Time: within 90 days!
eNSUSDTLoKS lIke WyCkOfff diStRIbUTiON MOdeee wait for nUkE
Low RiSk HigH pRoFiT
nOt fInAnCiAl AdViSe
ENTUSD LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone of a range with significant volume making stops and holding rejections at the bottom of the price in an area near the 55 period EMA , essential in my strategy for analysis of possible trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX bouncing towards the EMA . The MACD lines would be giving a possible buy signal soon. I think it could go in search of the previous high price zone but it is unlikely to go higher as it runs into weak indications on the 4hr chart in a possible range. We are in a range zone, we will try to enter from the bottom up.
If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and it makes a range, it will be better to close the operation in case it is possible.
Ichimoku Analysis for ENSWill Long $ENS once daily closing above 38.2% fib level.
As there is a bullish kumo crossover here.
One of the few coins with rising prices is ENSEntry on percentR indicator was profitable in the past…
