ENSUSDT trade ideas
Short ENSENS has formed a double top at the end of an impulse wave. You can look at this chart two ways. You can look at it as a cup/handle forming or you can look at it as a double top. Based on market conditions, this short could be a long term hold if we fall below these fibonacci retracement levels. My minimum take profit level is the first fib, but that could change if Bitcoin decides to go lower.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
ENSUDT | MULTIPLE RESISTANCEENSUSDT has recently broken below the rising support. The price also get rejection from 0.38 fib level.
We are expecting the price to go down from here but first, it may retest the broken rising support and the fib level too.
The bears are in control after the break rising support.
Manage your trades accordingly.
ENS analysisToday we would like to share with you a very interesting and promising ENS coin. In May, we saw a sharp drop of this coin by 75% in 8 days, this is our main nearest resistance .At the end of this fall, we see a culmination on very large volumes, which indicates long-term buys of big players ,when we came to test this zone for the second time large volumes came back out for buy, which indicates that this is a zone of interest for the buyers. After accumulating for 2.5 months, we successfully exited above the $12-13 zone and showed a 145% increase from the bottom, which is a positive signal in such a bad market. And now, during the correction of Bitcoin, we tested the zone on the reverse side, collected stop losses and are already showing an increase of 25%, and this catch of stops can be a potential local Low before the next local High, and in the optimistic case we have the potential to the main resistance (100% growth). Cancellation of the scenario will be drop below $11 which opens a way to $7-9 in the demand zone. I'd be looking for buys after sure fixing over $14.
ENSUSDT is creating a bear flagThe price is creating a bear flag between the daily structures above the 0.618 Fibonacci level
How to approach it?
IF the price is going to lose the support and retest the daily support as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Play Safe! Wait for the pull back and LONGENS just reaches the down trend line, don't FOMO and buy high, better play safe and wait ENS back to the up trend line at around (10.30) and BUY.
ENSUSD - Still Bullish
ENS is moving into a new fib circle ring
I believe this will be a period of sharp up growth for ENS
This is shown with the bars / line pattern and double arrow
Good project concept and makes sense for price to move higher
ENS going downENS seems to take a downward move.
It has broken the support line and now heading for the lower support
Suggested Trade:
SHORT #ENSUSDT
@ 11.6
TP: 8.5-7.8
SL: 12.5
$ENS 1D LOOK$ENS is now doing sideways above the S/R level, which is a good sign for bullish continuation, we most likely gonna form a ab&cd pattern here if $btc going well (DYOR)
ENS - ENSUSDT
#ENS $ENS
#BTC
- Gartley Pattern - Daily Frame 🦇 - Daily Frame #This is my technical opinion and not a recommendation to buy or sell
ENS - Chart update WITH PRICE ACTION TARGETSThis update is a small View for ENS - and where the price action could go.
First of all - There is no any guaranty into trading - on this reason make sure your management are well.
Back to chart.
We have seen before a low point at 18 June of ENS where the price was around 7.64 USD, and since that time ENS looks to make new gains.
Also we can remember in start of 2022 the price of ENS was around 69 usd, what makes this coin changing very high in price action - and its not the only coin, since the bear market there are more coins that follow the BTC effect.
View from Technical analyses.
Since ENS looks to have still the green cycle on low time there are possibility that we can see soon a breakout what could go over the before price action of 24 usd on 04-05-2022 from here to that point its already over 50%. so the focus are also on that point - its hard to predict what will happened after - but if this point get again a re-enter ENS could have more price actions targets. Realistic focus are between 30%- 50%. ( in case of breakout)
The above view is Depending on TA - and study. so its not a fiancé advice - Make always sure you study the markets well - as markets can change any time.
We will see or there will be a breakout on ENS soon.
Great times!
ENSUSDT Formed Flag Pattern!ENSUSDT Technical analysis update
ENS Formed flag pattern in 4h chart
Buy zone: $15.40 - $15.72
Stop loss : $14.60
TP 1 : $16.50
TP 2 : $17.40
TP 3 : $18.50
Max leverage: 2x
Always keep stop loss
ENS/USDTENS/USDT
What a fascinating chart.
It is located in a descending channel where the roof of the descending channel is broken upwards.
If fixed in these areas, it can grow to the goals mentioned in the picture.
#ENSUSDT #ENS #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
ENSUSD | Taking Short PositionI am taking Short position in BTCUSD on the basis of Candlestick Patterns, Chart Patterns, ABCD Patter, trandlines, and feb level
ENSUSDT | RESPECTING SUPPORT ??ENSUSDT is in uptrend and printing higher highs and higher lows . Currently the price action is at rising support. The bullish candles formation on support will only confirm the respecting support and trend continuation.
The bears will be active below the break of rising support. While bulls need to hold the rising support.
Trade your levels accordingly
ENS/USDT SHORT1. The price approaches the retest of the right shoulder of the 4H.
2. We are waiting for the price reaction, more precisely, the breaking of the 1H trend.
3. Entry on the break retest.
