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ENS / TetherUS

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ENSUSDT trade ideas

Short ENSFirst, I’ll explain my first reason for the low targets I have labeled. The height percentage from the head to the neckline is about 29%. A 29% breakdown from the neckline gets us to around the highlighted range which gives us an overall drawdown of 62% from todays price. The second thing I see here is the H&S pattern playing out along with topped out candles at resistance. I’m eyeing the 2.618 Fibonacci level as the bottom for ENS. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Short
by WaltrAlexander
12
ENS - Opportunities are endlessENS has been great to trade, its kept roughly to margin pressure levels and has been trying to break out from this downward resistance for a long time. Looks like some inverse head and shoulders which is a bullish pattern Crypto market needs some liquidity for this to continue and rally higher. Etherway theres a trade for up for down with ENS. I like ENS as its forms part of the crucial Ethereum Infrastructure, being the Ethereum Name Service. Like DNS is for Web2. ENS is for Web3.
by NFVeej
$ENS - It's The Time To DiscoHello my Fellow TraderZ, This is the beautiful and simple chart of $ENS clearly respecting the Trendline with 4 Touch Points on Daily TF. Previously I mentioned about $ENS on 4 HTF where the given Targets got hit successfully. Still the chart on DTF looking Good.(mentioned below in the Links column). We can notice the consolidation going on just above Trendline which is giving me the BULLISH Vibes. Only caution is FOMC on 20/21 SEP, else many #ALTS are on beautiful setup like this one. Well I see the two TPs in the near future @ $17.3 - $21. Keep Learing Keep Trading. CHEERS!!!
Long
by TRADER-GOKU
2
ENSUSDT 💎GEM💎 Parabolic Potential !Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 In today's analysis, another undervalued crypto with great potential that is currently trading in consolidation and looking ready for a breakout - ENSUSDT. ENS is a Blockchain domain naming protocol built specifically for the Ethereum Blockchain. Using it allows customers to create human-friendly and readable usernames for their Ethereum-based crypto wallet, and decentralized websites and apps. A first of its kind and simply put, ENS is a decentralized, open-source and permissible naming system running on Ethereum smart contracts. This is another gem in the rough that I believe may have parabolic potential during the next bull cycle. It is my belief that this time of the season / cycle is the best time to accumulate and look for new opportunities in the market. If you're interested in the TOP altcoins I'm watching, check out this idea 👀 Have a great weekend 🥂 _________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
15
RLinda ! ENSUSDT-> Breakdown of downtrend resistance ENSUSDT The development of the situation by the bulls. On the chart we see key elements such as: an uptrending price channel, a downtrend line, which the price tested on May 3, August 6, August 18 and September 5. But on the next retest, the trend line could not hold the price and was broken through. Also after testing the resistance at the end of August we can see the formation of the pattern "Head & Shoulders" and we could assume that with a global downtrend we should expect the continuation of the fall, but on the retest the pattern breaks and the price goes to the long zone, which implies the growth of the price. After breaking the trend resistance, the price forms a pullback back to the support zone. At the moment we should expect the price fixation in the long zone either after the false breakdown or consolidation on the limit level. I assume that after the price fixation we may see a rise against the trend and a recovery of the coin. Short-term target - resistance 20.74, medium-term target - liquidity zone 26.85. Regards R. Linda!
Long
by RLinda
9