The price has moved to the weekly resistance WR1 and got rejected from there on the first attempt and found support on the zone where weekly support WS1 lies. The price made another attempt at the weekly resistance WR1 only to get rejected again. The price is currently trading under this resistance after getting rejected. If the price lands on the support WS1 then...
TRADE ALERT!ENS
Ticker: ENS/USDT
Entry: 16.70-18.25
Take Profit:24.00-28.00
Stop Loss: 14.00
Risk to reward: 1:2
Technical Thesis: Price is taking a pullback.We have 0.5 fib and 0.618 fib zone.
18.25$ to 16.70$ area.Expecting a bounce in price from this level soon.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
📊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
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BINANCE:ENSUSDT Long idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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ENS is showing strong signs of a bullish move. 🐂 I anticipate the price to rise towards $20 from this point onwards. Let's keep a close eye on it. 🤞
Please note, this is not financial advice. Always do your own research (DYOR) before making any investment decisions. 💼🔍
BINANCE:ENSUSDT Short idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
ENSUSDT Technical analysis update
If the ENSUSDT price breaks above resistance then we can expect a bullish move.
Buy zone: Below $16.00
Stop loss: $14.25
Take Profit 1 : $18.40
Take Profit 2 : $21.50
Take Profit 3 : $26.75
Take Profit 4: $36.00
Always keep stop loss
Thanks
Hexa
#ENS Reasons for possible growth:
1. Whales and their accumulations look "healthy"
2. Network growth. In the case of ENS, "the crowd is buying the fall." Whenever the crowd "buys the fall" - it's gone. Only when the crowd "gives up" can it go in. If the metric doesn't go up much in the next 48 hours - maybe the crowd has given up.
I wonder how such a crappy...
Today we will talk about the price prospects of the ENSUSDT trading pair
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