It is moving in a descending channel at time H1. The roof of the channel is being modified for a short time by forming a double roof. Therefore, it can face further correction up to the midline of the 12.5 dollar channel. If the stabilization candle closes above $12.5, the trend can be reversed.
💎 ENS recently faced a setback, encountering a firm rejection at a critical resistance area. This has led to a retreat towards a previously established support zone, now a focal point for a potential retesting phase. 💎 Market watchers are closely observing whether ENS can demonstrate resilience at this support level, the probability indicated by a bullish candle...
📊Analysis by AhmadArz: In current market conditions, it is necessary to reduce risk. 🔍Entry: 12.60 🛑Stop Loss: 11.75 🎯Take Profit: 13.35 -14.40 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬...
Price for ENS has recently undergone quick growth. This leaves on this weekly chart the wick hanging above the channel, which is a good sign, allowing continuation and the eventual trend shift from bear to bull (red to green)
Certain tokens emerge as key players that not only stand out but also promise significant growth and integration into the broader ecosystem. Ethereum Name Service ( NYSE:ENS ) has recently experienced a remarkable surge of over 50%, reaching a 6-month high of $14.71. This surge can be attributed to none other than Ethereum co-founder Vitalik Buterin, who endorsed...
Upon analyzing the Ethereum Name Service (ENS) vs USDT, we've discovered an amazing Head and Shoulders Pattern in the Macro Overview that would take us arround 14$ , and can be extended towards 16$ . These targets do also match the Fibbonaci 1.618 retracement from the highs on July to the lows of October. This pattern is breaking at the moment and Backtesting...
I think with global adoption and previous work done(FIRST MOVER) we will see this project take new highs. Maybe now, maybe 2025, maybe 2028 WTF knows. Bull run incoming? Have you created your own profile? What do you think of ENS? NOT FINANCIAL ADVICE!!!
What is a trendline break and how to trade it? There is a breakout when the price crosses an important level. However, not all breakouts are created equal. There are preconditions for a breakout to be considered relevant: Consolidation before the breakout. A significant increase in trading volume. Indicating investors’ enthusiasm to push the price as far as...
Classic Adam&Eve double-bottom pattern playing out as ENS has rallied the past few weeks with volume to support it. As one of the most profitable projects in the ETH (and crypto in general) ecosystem, I expect ENS to do well this cycle, especially if plans to expand to other chains proves a success. I marked some general target prices at weekly OBs. we are so...
ENS has great potential. This theory is supported by a great RSI position and my current assessment of the market. I would like to see the up movement to make kind of a cup structure within the entire price range. I have tried to show this with the bars pattern tool.
This is a 1D frame analysis for ENSUSDT As you can see, the price is holding onto its weekly support and we can assume that the price can see higher numbers if it can establish itself above the support line. With the consolidations, we can say that the price is in a range and if it can break out from either side, we can move in that direction. Suggestion: Given...
💎Yello Paradisers, let's unpack ENS/USDT for a moment. Right now, it's navigating a downward channel, but we're keeping our eyes peeled for an imminent breakout. 💎If this breakout materializes, we can expect a dynamic price surge, just as we've projected. 💎Worth noting are the dual confirmed Order Blocks on the shorter timeframe. Given the liquidity in these...
◳◱ We've detected a Super Trend pattern on the NYSE:ENS / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.0003263 | 0.0003422 | 0.0003872 and the major support zones are respectively at 0.0002813 | 0.0002522 | 0.0002072. We may consider opening a trade...
💎 ENS is primed for a bullish surge as it adheres closely to the trendline and maintains a strong support zone. 💎 The existence of a bearish OB, FVG, and liquidity are likely to bolster its upward trajectory. The price is expected to ascend to mitigate the bearish OB, fill the imbalance, and seize liquidity. 💎 Additionally, the volume is demonstrating robust...
A display of a Gaussian Channel on Weekly that is in a period of indecision This is a strong bull argument with price just dipping before a large rise both on the Gaussian Channel indicator and with price. Im really bullish on ENS Weekly.
ENS, after breaking the bullish trendline, has now found support on another historical support zone that could potentially push the price back up. The target of this upward movement could be a retracement to the previous trendline or a break of the downtrend line. The entry zone below $10 can be attractive. ⚠️"Daily crypto market analyses I provide are personal...