ENS SHORT TREND LİNE
⚡️⚡️ #ENS/USDT ⚡️⚡️ TWEEET
Exchanges: Binance Futures 🚀
Signal Type: Regular Short
Leverage: Cross (X20)
Amount:0.50%
Entry Targets:
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Take-PrOfit Targets:
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Stop Targets:
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ENSUSDT trade ideas
ENSUSDT | SETUPENSUSDT has been trading under the falling resistance. Currently it is trading at rising support trendline. The price multiple times took support. There is also a confluence point having horizontal support too. . The bulls can show strength at this point. The bullish candles formation on support will confirm the bulls strength.
The bulls need to hold the support zone .
Trade your levels accordingly.
$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!!!
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 🥂
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CryptoCheck
ENSUSDT | CHANNEL BROKENENSUSDT has broken above the bearish channel. The price has been continuously making lower lows and lower highs after making top of 16.50. Noe price has been trading above the bearish parallel channel. The bulls need to get price stable above the channel. The bulls are facing horizontal resistance ahead.
We are expecting a bullish trend after break horizontal resistance .
Trade your levels accordingly.
$ENS is GOING DOWN!!!Looking at the Charts, we can see that there was a BOS (Break of Structure) and there was high volume
during the breakout that confirms the BOS, $ENS is about to go down.
Take a good position and let the profit flow..
I will be back to review this position.
Don't forget to drop a like, comment and share if you found this useful..
NOT A FINANCIAL ADVICE.
$ENS - Time to break the channel and BOOM$ENS as most of the other cryptos is ranging inside FALLING WDGE channel and trying to push through the TrendLine to go HIGH.
ENTRY point shd be near the confluence of lower upard TrendLine, upper TrendLine of FALLING WEDGE and 4H EMA 55. I m expecting the level around 12.8-13.1 to hold .
TPs levels are mentioned on the chart.
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!
ENS longENS broke the downtrend formation on the weekly, looking at daily timeframe we can see that it also broke a bullflag after a reaction from 61% golden pocket from the wave 1 measurement. According to Elliot Wave Theroy, the 3rd wave normally goes to 1.618 fib extension of wave 1. Personaly i'm looking forward to see the price hit 40usd in the upcoming days/weeks.
Plus the area represents an imbalanced area. The 20usd range is already mitigated so i think the price will go through without any issues.
NFA nontheless
ENSUSDT 1D ENS price perspective +80% growth in the coming weeksToday we will talk about the price prospects of the ENSUSDT trading pair
Ethereum Name Service is not a company but an open-source project that calls itself “an open public utility that belongs to the company.” Essentially, it aims to become a piece of infrastructure as vital to Web3 (to whom the laurels of the prospects of the coming years are given) as DNS is to the internet.
ENS is the governance token of Ethereum Name Service and is used to govern the protocol and influence decisions on pricing its .eth addresses and the price oracle.
Taking into account the information hype surrounding the transition of ETH from PoW to PoS in mid-September , the ENS price will also directly depend on these changes.
It is predicted that the annual emission of ETH will amount to only 0.3%, and a significant decrease in supply affects the growth of the price according to the laws of economics.
By the way, here we have an actual idea for the ETHUSDT trading pair
On the other hand, we have the original, historically 1st created Ethereum Classic, to which miners are increasingly switching. Investors' attention may switch from ETH to ETC, because the hashrate has grown by 480% since the beginning of the year, and the ETCUSDT price has increased 3 times in just 2 months, and this is in the current sluggish market.
By the way, the actual idea of ETCUSD is below
Summarizing:
It is difficult to predict the ENSUSDT price, taking into account the indirect dependence on the ETHUSD price, because it is not fully known how market speculators will react to the transition from PoW to PoS
Even in general, the crypto market has not fully embraced which trend him chose
However, the information hype around the word "Ethereum", which is also in the name of the ENS token , can play the role of "a trump card" and cause rapid growth to the region of $25
And if the market trend clearly changes to growth, then the target of $40 will become even more realistic
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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.