In this morning's live session, we discussed ENS's current setup and that the token is about to enter a crucial phase that could lead to a 30% pump or dump.
Just a couple of hours later, ENS decided to enter the beast mode and pumped another 10%, with a high of $30.
However, it was rejected at this level and also dipped into the crucial area between $29 - $28. Interestingly enough, the 28-level served as support in this case. Nevertheless, this looks still very fragile.
In order to activate our scenario, in which we aim for a 30% target towards $38, ENS must close the daily candle clearly above the 29 levels.
Let's see if it works out or if the price returns to the triangle.
Just a couple of hours later, ENS decided to enter the beast mode and pumped another 10%, with a high of $30.
However, it was rejected at this level and also dipped into the crucial area between $29 - $28. Interestingly enough, the 28-level served as support in this case. Nevertheless, this looks still very fragile.
In order to activate our scenario, in which we aim for a 30% target towards $38, ENS must close the daily candle clearly above the 29 levels.
Let's see if it works out or if the price returns to the triangle.
I'm Ben. Crypto lover, trader, and coder.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I'm Ben. Crypto lover, trader, and coder.
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.