Strong buying has been going on below, I expect the price to go down to the nearest strong support level. If you like the idea, give it a like. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Ethereum Name Services $ENS building a big 5 month base. Making a series of higher lows of late, which is impressive given the broad market weakness. Watching for test of 16.50 neckline.
It's been making the news, the growth narrative is there, market cap is small. This one has potential
ens has broken out of a downtrend The short-term is going up here Follow me to take you to achieve financial freedom
ens breaks through the downward trend Means the end of the short-term adjustment May rise in the short term Follow me to take you to achieve financial freedom
ENS has broken above the platform pressure There is a high chance that a wave will break out here Follow me to take you to achieve financial freedom
ENS volume and price action looks pretty strong. I would buy a bit now to stagger sell orders inside the sell targets (gold boxes). Keep some capital on the side to buy inside the buy targets (cyan boxes).
Using this Falling Wedge pattern a break out of the long term descending channel is possible ENSUSD is currently in Degen phase but has potential for a long position due to its massive use case
First of all, DYOR means Do Your Own Research then remind that it can go higher or lower that's why I call it: go/no go.
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
ens has formed a bottoming pattern of head and shoulders bottom It is expected to maintain a volatile upward trend in the short term Follow me to take you to achieve financial freedom
Outlook on the 10 cryptos I currently HODL in my portfolio, AUDIUS,UNISWAP, ETHER, Solana, Polkadot, Basic Attention Token, Fantom, Mask, Ethereum Name Service and the Graph.
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...
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.
Looks very good for the holidays. Invalidated on fib break.
Price action looks bullish, trend is bullish. We may never get to this level, but if we do, it would be a nice opportunity Basing the analysis on volume and chart structure
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 $ETH downside. Pack your bags.
ENS is gana be huge as the onlt real and tru web 3 domain name service this coin should be well over a few 100$ 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...