ENSUSDT trade ideas
Very bullish on ENSUSDWhite trend line represent two shoulder touches (1,2) and a head breakdown at (3)
This is acting as a large inverted H&S where we are yet to experience the move up at (1) which is opposite move of the first (1) which was a downward move
Very bullish
Hopefully my reasoning can be observed
ENS/USDT trade:ENS/USDT trade:
*Market Overview*
1. *Pair*: ENS/USDT (Ethereum Name Service/USDT)
2. *Exchange*:
3. *Entry Price*: Market Price ($ )
4. *Trade Type*: Long (Buy)
5. *Timeframe*:
*Technical Analysis*
1. *Trend*: Uptrend/Neutral/Downtrend ( )
2. *Support Levels*: $ , $
3. *Resistance Levels*: $ , $
4. *Indicators*:
- RSI (14):
- MACD (12, 26):
- Moving Averages (50, 200):
1. *Candlestick Patterns*:
*Fundamental Analysis*
1. *ENS Token*: Ethereum Name Service, a decentralized domain name system
2. *Market Capitalization*: $
3. *24-Hour Trading Volume*: $
4. *Circulating Supply*:
5. *Recent Developments*:
6. *Competitor Analysis*:
*Targets and Risk Management*
1. *Target 1*: $21 ( potential gain: )
2. *Target 2*: $22 (moderate gain: )
3. *Target 3*: $23.22 (aggressive gain: )
4. *Stop Loss*: Hold (consider setting a stop loss, e.g., 5-10% below entry)
5. *Risk-Reward Ratio*:
6. *Position Sizing*:
*Market Sentiment*
1. *Fear & Greed Index*:
2. *Social Media Sentiment*:
3. *Community Support*:
4. *Influencer Opinions*:
*Recommendations*
1. Set a stop loss to limit potential losses.
2. Monitor market volatility and adjust targets.
3. Consider scaling investments.
4. Continuously evaluate market trends.
5. Reassess trade strategy based on market developments.
*Additional Resources*
1. ENS website:
2. CoinMarketCap:
3. TradingView:
4. Crypto news platforms:
To refine this analysis, please provide:
1. Timeframe
2. Exchange
3. Entry price
4. Stop loss considerations
5. Risk tolerance
Would you like me to analyze specific indicators or market sentiment?
ENS/USDT trade:ENS/USDT trade:
*Market Overview*
1. *Pair*: ENS/USDT (Ethereum Name Service/USDT)
2. *Exchange*:
3. *Entry Price*: Market Price ($ )
4. *Trade Type*: Long (Buy)
5. *Timeframe*:
*Technical Analysis*
1. *Trend*: Uptrend/Neutral/Downtrend ( )
2. *Support Levels*: $ , $
3. *Resistance Levels*: $ , $
4. *Indicators*:
- RSI (14):
- MACD (12, 26):
- Moving Averages (50, 200):
1. *Candlestick Patterns*:
*Fundamental Analysis*
1. *ENS Token*: Ethereum Name Service, a decentralized domain name system
2. *Market Capitalization*: $
3. *24-Hour Trading Volume*: $
4. *Circulating Supply*:
5. *Recent Developments*:
6. *Competitor Analysis*:
*Targets and Risk Management*
1. *Target 1*: $21 ( potential gain: )
2. *Target 2*: $22 (moderate gain: )
3. *Target 3*: $23.22 (aggressive gain: )
4. *Stop Loss*: Hold (consider setting a stop loss, e.g., 5-10% below entry)
5. *Risk-Reward Ratio*:
6. *Position Sizing*:
*Market Sentiment*
1. *Fear & Greed Index*:
2. *Social Media Sentiment*:
3. *Community Support*:
4. *Influencer Opinions*:
*Recommendations*
1. Set a stop loss to limit potential losses.
2. Monitor market volatility and adjust targets.
3. Consider scaling investments.
4. Continuously evaluate market trends.
5. Reassess trade strategy based on market developments.
*Additional Resources*
1. ENS website:
2. CoinMarketCap:
3. TradingView:
4. Crypto news platforms:
To refine this analysis, please provide:
1. Timeframe
2. Exchange
3. Entry price
4. Stop loss considerations
5. Risk tolerance
Alikze »» ENS | Corner pattern formation - 4H🔍 Technical analysis: Corner pattern formation - 4H
- It is moving in a corner pattern in the 4-hour time frame.
- Due to the formation of the Double Bottom pattern, higher floors and higher ceilings have been formed in the range of 15.80.
- Therefore, it can continue its growth with pullback to the range of 17.50 to the dynamic trigger and form a newer ceiling.
- In addition, with the failure of the dynamic trigger, it can continue to grow until the supply area.
💎 Alternative scenario:
If the green box is broken sharply, it can continue its dynamic correction (origin of movement) until the bottom of the trigger.
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BINANCE:ENSUSDT
Very Good buying Area in ENSUSDT to make atleast 15%
the pink zones are Monthly zones
and purple for weekly
i belive this weekly zone inside the monthly zone
is a very good price to but
and the price will ladder upwards from here
as you see my stoploss is under the weekly zone
if this zone breaks we are going down , if the price intend to go high
and ladder up it will use this zone so thats why we should but.
Good luck to all of you guys lets see what happens in next weeks.
ENSUSDT🔍 ENS/USDT Analysis: Key Dates for Strategic Moves 📉
The ENS/USDT chart highlights important upcoming dates where price movements may present trading opportunities:
• August 25, 2024, September 3, 2024, September 20, 2024 - Red Lines: These dates mark potential local peaks. Traders should consider these as moments to take profits or reduce exposure, as the price might face resistance or a downturn.
• September 9, 2024 - Green Line: This date indicates a potential local low, offering favorable conditions for accumulating ENS or entering long positions.
By aligning your strategy with these key dates, you can better position yourself to capture gains and manage risk effectively in the ENS market.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
#ENS #CryptoTrading #MarketAnalysis #Altcoins #Cryptocurrency #ENSUSDT
ENS / ENSUSDT🔍 ENS/USDT Analysis: 4-Hour Timeframe 📉
The ENS/USDT chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. These signals should be analyzed in conjunction with higher timeframes for a comprehensive market view.
• August 25, 2024, 5:00 PM - Red Line: This time marks a potential local peak. Traders might consider this as a moment to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• September 2, 2024, 1:00 AM, September 19, 2024, 9:00 AM - Green Lines: These times indicate potential local lows, offering favorable conditions for accumulating ENS or entering long positions.
When working with this 4-hour timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
ETHEREUM NAME SERVICE - BLUEPRINT
I told you that the new technical analysis you will be getting is going to be top notch with a touch of SUPPLY & DEMAND, SMART MONEY CONTRACT, ICT (inner cycle trading), CLASSICAL analysis and of course ELLIOTT WAVE THEORY so it can go round to fit literally everybody's style.
My first detailed analysis is BINANCE:ENSUSDT (Ethereum Name Service).
Let us start with the first phase where we see a BOS (break of structure), price created a HIGHER LOW since June, 2023. in the beginning of the second phase creating a bearish BOS then price action returned to grab the BSL (buy side liquidity) which marks the end of the second phase.
For the third phase, an important question is why should we be going lower for the SSL (sell side liquidity), and not BSL to create a new ATH (all time high)? Well, looking at the major indicator RSI (relative strength index) there is exhaustion creating a STRONG BEARISH HIDDEN DIVERGENCE. The second confluence is still on the RSI but this time looking at the RSI from the beginning of this year Jan 4, till March 5, there is a STRONG BEARISH DIVERGENCE and from 24th of May to July (All Time High) another STRONG BEARISH DIVERGENCE is created and finally the overall STRONG BEARISH DIVERGENCE to top it up all is created from Jan 4th up till this moment making it the third time the RSI is screaming a bearish reversal as it keeps printing a LOWER LOW since the beginning of this year (2024).
The third confluence is the CHoCH (change of character) where price creates a new swing low which sends price into the daily FVG (fair value gap) at the GOLDEN FIBONACCI ZONE 50%, setting the Stop Loss at the 618% (24.20. First ($13.02) and Second ($8.27) Take Profit too.
The fourth confluence is the third phase looking like an IMPULSE. Like we are in some kind of wave 5 of wave 3.
Do not take any chart I post likely as you will and should be learning from it to up your game too. I will be dropping a very detailed chart but filled with educational content. This is just the beginning.
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