TradingOn

$ENS/USDT 3h (#BinanceFutures) Falling broadening wedge breakout

Long
TradingOn Updated   
BINANCE:ENSUSDT.P   ENS / TetherUS PERPETUAL CONTRACT
EthereumNameService just regained 100EMA support and looks good for short-term recovery, probably after a last dip!

Current Price= 12.964
Buy Entry= 12.702 - 11.530
Take Profit= 15.409 | 18.184 | 20.961
Stop Loss= 9.472

Risk/Reward= 1:1.25 | 1:2.3 | 1:3.35
Expected Profit= +27.18% | +50.08% | +73.00%
Possible Loss= -21.82%

Fib. Retracement= 0.559 | 0.702 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks

Tags: #ENS #ENSUSDT #DNS #Domain #Web3 #DAO #Governance #NFT #DeFi #SolEco

Websites: ens.domains/ ens.mirror.xyz/

Contracts:
#ERC20 0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72
#SPL CLQsDGoGibdNPnVCFp8BAsN2unvyvb41Jd5USYwAnzAg
Trade active:
2/3 entries filled

EthereumNameService bounced back on 50MA and seems to be heading towards 200MA!

Order cancelled:
CL with -1.78% (1x) and -0.08R

EthereumNameService lost support and broke bearish after all, almost stopping us out, then bounced back!
Since we were lucky enough, better play safe and close here under 200MA resistance, near Break-Even (BE).


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