ens has broken out of the consolidation range at the bottom
Currently maintaining a volatile upward trend
Upside potential is expected
You can follow him or buy it
Follow me to take you to achieve financial freedom
The white elliot waves are from the 1H.
The 5 white impulse waves form wave 1 of the 4H EW (pink). ABC in white is from the 1H which forms wave 2 of the higher fractal (4H). That means hopefully wave 3 incoming on the 4H which may take price to previous support which is also the 161.8 fib.
Just a possible path based on elliot waves and fibs.
made entries at blue arrows
tp1 at red arrow
have reentered for tp2, using a tight stop loss if market turns down
would prefer entries again at notification bell for tp2, 3, etc...
-i day trade alt coins, however, my bias - has begun to shift toward scalping to accumulate and hold for longer swing trades
*however, i do not see that weekly chart has confirmed...
Let's get ready to rumbleeeeeeeeeeeeee!
$ENS isn't even a top 100 coin, yet it's one of the most used Dapps on Ethereum.
I expect $ENS to take out resistance these next few days, and blow off to around $100-$120
$ENS has been extremely resilient compared to $ETH and it's a great coin for hedging $ETH downside.
Pack your bags.
Yesterday we had big selling volumen. That means capitulation.
Furthermore, between yesterday and today we are having big buying volumen. Big investors are interested in ENS.
Today on 4h chart is breaking and retesting.
Anyway, we need to look at the Bitcoin trend.
Why I trust on Ethereum Name Service, ENS?
Max. Supply is 100 millions.
Circulation supply is...
ENS is gana be huge as the onlt real and tru web 3 domain name service this coin should be well over a few 100$ real soon. lets compare GoDaddy's market cap (a web2 domain name provider) current value 70$ a share with a market cap of 11 bil. ens is barely 1 bill. doesnt take a genius to figure out whats gana eventually happen. bullish bullish bullish! ens market...