ENSUSDT trade ideas
Where is the #DAO # ENS on rocky ground ENS is on rocky ground...if this slide continues then goes to sub $10.00
While an exciting premised to bring web3 to the "world" by decentralised naming for wallets and websites. The recent twitter identity crusade may very well handicap the protocol plans at the individual level.
ENSUSD --> LongENSUSD --> Long
--> buy signal im 1h chart
--> bullish divergence im 1d chart forming
Bullish Divergence on DailyThere is potentially a bullish divergence on daily time frame. Hopefully it reverses soon.
ENS (dns Web 3.0 version) ENSUSDT analysis📈📉❇️Hello Crypto community Welcome to my new introduction for another high potential project.
Ethereum Name Service(ENS) is an open, public, decentralized identity protocol that runs on the Ethereum blockchain. Users can register ETH names native to ENS or import in DNS domain names they already own, which they can use as their cross-platform web3 username and profile, one name for all of their crypto addresses, and as a decentralized website.
$ENS is also the governance token of the ENS DAO , which manages the treasury and key parameters of the ENS protocol.
sources: coinmarketcap-ens.domains
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📈📉 TECHNICAL
As you can see on the daily timeframe for ENS/USDT , It is trading about $22.57 right now.
after reaching its ATH for the second time , by forming a double top pattern it has been beated again and since November it faced by selling orders pressure that is continuing decline , we can imagine a falling wedge for it which after a valid break out it can rise again to resistance areas. but take it in mind ens is a ethereum token and directly depended to situation of ETH , and it hasn't any specific strong support level yet and maybe its fall continue till we have green market for ETH and ETH.D
🛑resistance level: $ (45-49)- $(67-70)
🆚pivot zone: (26 -29)$
❇️support level: $ 22 & $16
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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ENS Falling Wedge in trend reversal (just like UNI in sep '20)Compare the chart from $ENS to the one from $UNI in September 2020, you'll see what I mean.
Not FA.
ENS Falling Wedge in trend reversal (just like UNI in sep '20)Compare the chart from $ENS to the one from $UNI in September 2020, you'll see what I mean.
Not FA.
ENS Falling Wedge in trend reversal (just like UNI in sep '20)Compare the chart from $ENS to the one from $UNI in September 2020, you'll see what I mean.
Not FA.
ENS Falling Wedge in trend reversal (just like UNI in sep '20)Compare the chart from $ENS to the one from $UNI in September 2020, you'll see what I mean.
Not FA.
Long ENSUSDT binanceSupport me..I will regularly give updates crypto related investment are related to financial risk do at your own risk..
Long ENSUSDT binance timeframe 15 minutes
ENSUSDT FUTURES LONG CALLENSUSDT FUTURES LONG CALL
Bought some ens with 5x leverage...I will update on this call later sometime... support me
ENS Going to breakENS is about to break the downtrend channel in upcoming days. This will be a good opportunity for us.
ENS LONGHello Communities,
Haven't been here for a while, but web 3.0 recently caught my attention really. So, I am doing analysis for ENS today.
On the daily time frame, ENS is framing a falling wedge, which usually has a high odds of pumping to the upside as long as the wedge holds.
Price might make a decision sometime around Jan 22 and target would be $68 dollars, which is also confluent with the fib-level. Given its strong utility behind the project, I personally have strong faith for it.
NFA.
ENSUSDT Perfect correctionENSUSDT Perfect correction
The Ethereum Name Service is a distributed, open, and extensible naming system based on the Ethereum blockchain. The Ethereum Name Service’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS is the native token of the system and is used for governance and voting on the use of treasury grants.
ENS LONG ens almost in the bottom because recent market correction buy here in 29-22 range and hold for all targets expected soon over 100$ coming in ens very good project and volume is increasing day by day
buy zone 29-22
sell zone mentioned on chart
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ENS ready to head up to resistance zone#ENS/USDT
$ENS broke out descending resistance, now price is ready to head up toward resistance zone and descending resistance zone.
break out from descending zone will lead price to touch $100.
ENS more drop#ENS/USDT
$ENS broke down from ascending support zone.
it is possible to continue its down trend to $25 and $24 that is around 1.414 fib level of last swing high and it is the same with a descending trend line.
holding this support can shape a falling wedge pattern.
ENS Ethereum Name Service oversold The Ethereum Name Service is a distributed, open, and extensible naming system based on the Ethereum blockchain. The Ethereum Name Service’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS is the native token of the system and is used for governance and voting on the use of treasury grants.
This could be a speculative buy in the oversold area.
ENS is moving towards 54.5- Ens broke out the double bottom pattern following the bitcoin move.
- Volume looks good making the move
- MacD just crossed at the 1D and has still a lot to go on the 4H
- The technical target of the outbreak of this pattern would be 57
- HOWEVER : the next resistance rests on 54.5 laying up exactly at the 0.382 fib. level.
ENSUSDT, Its time to buyHello everybody
According to the previous analysis, we shown on chart that the price after break the resistance zone area its need to have recovery then it can be ready to continue move upwards.
And now at this time this event happend and we complete the correction and we are ready to move upwards and take profit. :)
Everything was shown on chart, and please trail your position and manage it
Previous analysis :
Good Luck
Abtin
Are we in a range??It appears we may be in a slight ascending range.
New to trading, so take what I have to say with a grain of salt. 4 hourly RSI looks like it bottomed out. Worst case we go back to 38 dollars if not.
I have 100% faith in the technicalities of this coin, nothing else on the market like it. A very simple concept that I cannot believe hasn't been implemented beforehand.
