ENSFIB Retracement, Validating of the 2 WAVE on 0.5, 0.6 level.
The targets are mentioned with purple lines.
Be patient and happy trading everyone !
ENSUSDT trade ideas
ENS update, wave (4) is about to endOkay so $85.5 is the top of wave (3) and also $75-$86 resistance band zone works like I expected. Right now the chart is finishing its correction move of wave (4). Expect (c) of (4) to be likely end when it touch 0.618 fib retracement level. My last support zone missed a bit, but now as we know the bottom of wave 4orange was in, it became a strong support coincides 0.618 fib.
#ENS Distrubution Phase looks Complete#Ens Distribution Phase looks complete, however we might see one more distrubution.
We should settle in the range of $45 to $65 to enter into an Accumulation phase.
RSI at present has some more room to go down hence a tad bit more lower levels might be witnessed.
Stoch RSI is burning to the ground, a minor pullback cannot be ruled out.
DCA strategy would be the best way to grab some for Long Term Hodlers
Ethereum Pump ServiceBottom is in. ENS is ready for its breakout! It’ll explode once we cross $69.5.
As expected, it returned to the price of 65, but unfortunately,As expected, it returned to the price of 65, but unfortunately, I shot it before then
ENS breakout from falling wedge $75ENS after 69$ has potential to move towards $75 and move towards higher levels of around $110
I was a bit early to post $110 target in my earlier charts posted on trading view.
As the token is fairly new. Most of the Airdropped token do face some selling pressure. Seems we are past that.
Now time for some action.
Cup and Handle Formation in ENSBullish here as it seems to be a cup and handle formation and hence took a small long on the same.
Note: This is not a financial Advice just my own trading opinion and personal trede info, DYOR before investing/trading any crypto or coin, I do not take any responsibility of the loss assumed by you in any trade you took based on my analysis. Please do share your analysis as overall it helps the community and encourages participation, thanks for reading whole note, Good Luck!!!
ENSHi Guys! Like I mention in my youtube video, our diagonal support is a very good entry.
We have a really nice bull channel, the beginning of the 3 Elliot wave witch is all the time the longest and the strongest one. I have the targets placed with the purple lines.
Happy trading !
🐺 ENS being prepare for reach new all time high 🐺Hello traders 🐺 .
in the ENS chart I found a big CUP&HANDLE pattern so I decided to share it with you my friends and publish an idea about it , so let's begin :
in the chart below you can see ENS formed very clear CUP&HANDLE pattern and currently price is in the handle part ; so what's the technical target of this pattern ?
usually the technical target calculate like above picture and as you can see if this happen there is a strong possibility to reach new all time high , but currently price is still in the descending channel and we must wait for the clear break out from the pattern neck line which is also daily resistance structure .
sorry guys that this is a very short idea because actually ENS haven't weekly chart or even daily chart; ; so I must do my TA on the lower time frame , but update you about this coin in the near future 🙏🐺 .
🐺 I hope you enjoyed this analysis.
Do not forget to like and subscribe
share my ideas with your friends , thanks for reading my idea 🐺
ENSUSDTIf you really love blockchain technology, then you know that this coin is real a diamond. Amazing innovations are coming out, follow the flow and trade with care.
ENSUSDTWe are getting ready for the next bullish leg after the second expanding triangle formation. Watch price action and enter the market.
Ethereum Name Service - ENS 2hr Chart ProjectionBased on fractal analysis, this is a possible short term roadmap for the next days! Limited data was available, so can deviate!
🟢 ENS / USDT ? give us confimation ?Hello friends. Please support my work by clicking the LIKE button(If you liked) comment your Opinion to help me make a better analysis, 🙏🏻🌹 love you so much let's take a look at the chart.
I can see a rising channel + double button but it's important to see a confirmation candle on the support zone and after that, we can enter position !!!!! without confirmation candle, this analysis fails.
ENS Ethereum Name Service currently in the H of a C&H PatternENS is something that was brought to my attention recently by a CC member. When it released a few weeks ago it went from 30 to 85 in no time flat. From there we started to develop an almost textbook cup and handle pattern. We are currently in the handle and there is potential for huge breakouts (one almost happened). This is a coin I am going to watch and get into if I see the right patterns emerge but this is a great start to a new crypto.
ENS Trade Plan ENSUSDTBearish
1) Bearish engulfing candle at 75 region
2) Resistance at 83
Bullish
1) Higher highs higher lows
2) Trend line Support
3) fib 38 percent level at 66.98
4) Cup and Handle Formation
Trade Plan
i) Buy at current price i.e. 69.19
ii) Stop Loss at 63
iii) Take Profit 1 : 76
iv) Take Profit 2 : 84
ENSEthereum name service
Bitcoin coin is still likely to have a leg lower and it might affect alts to drop down as well but I think with reasonable stop loss and fund allocation, this could be a nice opportunity
ENSUSDT is creating a falling wedge ENSUSDT is creating a falling wedge. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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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 -> <4h structure.
ENS/USD to $110 (HODL)(COINBASE LISTING)YOU CAN NOW TRADE ENS ON COINBASE
Support: $42.50-$40.00/ $36.00-$34.00/ $30.00 / $20.00
Resistance: $50.00-$48.50/$58.00/$65.00/ $75.00/$86.00/$96.00/ $110.00
Ethereum Name Service, a protocol that issues non-fungible tokens (NFT) that can represent Ethereum addresses as well as web domains, launched an airdrop portal for its newly issued ENS token. Airdrops are a token distribution method that awards a portion of circulating tokens to Ethereum addresses that fulfill certain parameters, such as having purchased an NFT.
ENS NFT holders are currently eligible to claim tokens, with many users reporting allocations worth upwards of $20,000, and the project’s circulating market cap currently sits above $500 million.
Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum Name Service protocol, which issues nonfungible tokens that double as Ethereum addresses and web domains, distributed an airdrop for its new ENS decentralized autonomous organization (DAO) token.
The resulting airdrop translated to an instant five-figure payday for many holders and there are those who would have registered multiple ENS addresses to multiple wallets, meaning some holders are in possession of a six-figure airdrop.
It had been widely expected that an airdrop was in the works for members of the ENS community, especially because the tactic has become more common throughout 2021
The claims process for ENS tokens began at 7 pm on Monday, Nov. 8, and qualified domain holders have until May 4, 2022 to claim their allotted tokens.
The number of tokens each qualified user receives is based on a calculation that takes into account how long an address has held a domain as well as the length of the domain registration, with a cut-off of eight years.
Lower level tiers have received an average of 200 ENS tokens, while the mid-level tier has received 500 ENS and the most active participants have earned 1,000 ENS.
Claiming tokens also requires active participation from the domain holder, who has to vote on four articles of the ENS governance constitution designed to get the new decentralized autonomous organization off to a solid start.
Users must also delegate their token voting power before getting access to their tokens and Coinbase has emerged as one of the top delegates in early voting
$ENS in two support and resistance bandElliottwave count shows movement to resistance zone $85.xx to complete wave 5, and then correction to support zone $64-$59 completing wave (4) before bounce back up in wave (5)
