ENSUSDT
ENSUSDT - Monthly Bull RSI I'm very bullish on ENSUSD and think the RSI on this Monthly timeframe will extend into the overbought zone.
This is when I suggest a sell is a good idea on a Monthly timeframe.
I think its more likely that the RSI will extend upwards rather than move downwards during this strong bull market, even on the Monthly timeframe
was that it for ENS? seems like itIt hit a major resistance and the second weekly seems to have rejected from the resistance instead of going higher. Seems ENS is not just ready yet. Back towards the yellow support line. Will reassess where to later.
This is not a high confidence expected move. The weekly candle could also be considered as consolidation below resistance and go higher. Just seems a bit less likely
ENS Breakout Alert: Bullish Targets Ahead! NYSE:ENS has broken out of a symmetrical triangle pattern and is currently retesting the breakout zone. This suggests a potential bullish continuation.
Entry: Accumulate above $41.50.
🎯 Targets:
Midterm: $50.00 (Approx. 20% upside).
Long-term: $59.93 (Approx. 45% upside).
🛡 Stop-loss: $39.50 (Below breakout support and invalidates the pattern).
DYOR, NFA
#Crypto #ALTSEASON
ENS showing a stunning Regular-Flat🚀 #ENS @ensdomainsis showing a stunning Regular-Flat (a,b,c) structure 😍
There’s a slight bullish divergence on the MACD between the two tops (🟠).
But on the MACD (⬜️) we can see that the correction is done.
Looking for to reach at least $23, then aiming for the top! 💸
ENS ROADMAP (4D)It seems that ENS is in a complex structure. This structure is a diametric, and it is currently in wave C of this diametric.
Wave C appears to be a diamond-shaped diametric, and we are now in wave e of C.
Resistance levels have been marked on the chart.
A daily candle closing below the invalidation level will invalidate our bullish outlook.
After completing wave D of the larger diametric and the end of wave D's drops, it will experience significant growth.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Here I buy Ethereum Name Service at $40Here I buy Ethereum Name Service at $40
Buy orders starting at $40 on the spot market.
And Ethereum Name Service supply shock is being triggered by me as usual.
Look at the sea horizon
He's coming to make more dollar
It's clear as water
Look at the sea horizon
The bull shark is getting closer
let the rhythm take you over
Ethereum Name Service ENS price needs to take a break from growtThe price of CRYPTOCAP:ETH has finally started to rise 👇
follow they're accelerating growth of the #ENS price (which has the word #Ethereum in its name)
#ENS is an Ethereum Name Service control token used to control the protocol and influence the pricing decisions of its .eth address and price oracle.
In our opinion, now it is not so much important for #ENSUSDT buyers to continue their rapid growth as it is to finally hold the price above $23.60 , which they have not been able to do by all 2024.
Only then will it be possible to continue the steady wave of growth to $80+.
_____________________
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Will #ENSUSDT Explode or Collapse Soon? Key Levels to WatchYello, Paradisers! Are you prepared for what could be a massive move on #ENSUSDT? Let's discuss the latest analysis of #EthereumNameService:
💎Currently, #ENS is gaining momentum at the ascending support line, hinting at a bullish push. If the momentum holds, we might see a strong breakout above the triangle, setting the stage for a significant rally. But here's the kicker: we’re not quite there yet.
💎To confirm a genuine bullish move, we need a clear break above the triangle and the internal supply zone at $22.99. This breakout must be accompanied by solid buying pressure—think strong engulfing candles and consistent momentum. Without these signs, jumping in early could be costly. Patience is the name of the game here.
💎But what if the bullish momentum fades? If #EthereumNameService struggles to breach the triangle and the $22.99 level, it might signal waning buyer strength, inviting sellers to take control. The critical area to watch is the lower demand zone at $13.22.
💎This historically strong support level could be our last line of defense for bulls. If the price bounces from $13.22, the bullish outlook could stay intact. But—brace yourself—a break below $13.22 would invalidate the bullish setup and could trigger a sharp decline.
Stay patient and only act on the best and high probability setups.
MyCryptoParadise
iFeel the success🌴
Very bullish on ENSUSDWhite trend line represent two shoulder touches (1,2) and a head breakdown at (3)
This is acting as a large inverted H&S where we are yet to experience the move up at (1) which is opposite move of the first (1) which was a downward move
Very bullish
Hopefully my reasoning can be observed
Very Good buying Area in ENSUSDT to make atleast 15%
the pink zones are Monthly zones
and purple for weekly
i belive this weekly zone inside the monthly zone
is a very good price to but
and the price will ladder upwards from here
as you see my stoploss is under the weekly zone
if this zone breaks we are going down , if the price intend to go high
and ladder up it will use this zone so thats why we should but.
Good luck to all of you guys lets see what happens in next weeks.
ENSUSDT🔍 ENS/USDT Analysis: Key Dates for Strategic Moves 📉
The ENS/USDT chart highlights important upcoming dates where price movements may present trading opportunities:
• August 25, 2024, September 3, 2024, September 20, 2024 - Red Lines: These dates mark potential local peaks. Traders should consider these as moments to take profits or reduce exposure, as the price might face resistance or a downturn.
• September 9, 2024 - Green Line: This date indicates a potential local low, offering favorable conditions for accumulating ENS or entering long positions.
By aligning your strategy with these key dates, you can better position yourself to capture gains and manage risk effectively in the ENS market.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
#ENS #CryptoTrading #MarketAnalysis #Altcoins #Cryptocurrency #ENSUSDT
ENS / ENSUSDT🔍 ENS/USDT Analysis: 4-Hour Timeframe 📉
The ENS/USDT chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. These signals should be analyzed in conjunction with higher timeframes for a comprehensive market view.
• August 25, 2024, 5:00 PM - Red Line: This time marks a potential local peak. Traders might consider this as a moment to take profits or reduce exposure, as the price could encounter resistance or a downturn.
• September 2, 2024, 1:00 AM, September 19, 2024, 9:00 AM - Green Lines: These times indicate potential local lows, offering favorable conditions for accumulating ENS or entering long positions.
When working with this 4-hour timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
ENS Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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Now, let’s dive into this chart analysis:
NYSE:ENS is getting rejected from the resistance trendline. The price is currently at $24.30, where we have the 100 EMA as support. If NYSE:ENS fails to hold the current support, it is likely to drop by a further 20% to 30% in the coming days.
The lower support at $16.60 holds strong and must hold if we see a dip.
Key Observations:
- Primary Support: $23.7
- Lower Support/Entry: $16.6
- Resistance: Around $34
DYOR, NFA
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
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#PEACE
ENSUSDT.1DUpon reviewing the ENS/USDT chart, several crucial insights can be gleaned from the technical setup:
Technical Analysis
Resistance and Support Levels (R1, S1, S2, S3):
The price recently retreated from the resistance level at R1 ($28.11), suggesting a lack of sufficient buying pressure to push through this barrier.
The first support level S1 ($10.86) might act as a critical juncture. If the price holds above this level, it could indicate a consolidation phase before a potential move upward. However, a break below this level could lead to further declines towards S2 ($6.72) and S3.
MACD Indicator:
The Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line below the signal line, indicating bearish momentum. This is further corroborated by the histogram, which is in negative territory, increasing the likelihood of continued downward pressure.
RSI:
The Relative Strength Index (RSI) is hovering around the 30 mark, nearing the oversold territory. This suggests that while the market sentiment is bearish, there might be a potential for a reversal if the index dips further into the oversold region and rebounds, signaling a possible exhaustion of selling pressure.
Conclusion
The current scenario in the ENS/USDT pair indicates a bearish trend with immediate support levels that will be crucial for determining future price action. The indicators suggest a cautious approach due to the bearish momentum illustrated by MACD and the near-oversold condition of the RSI. Investors should closely monitor the S1 level; a break below could exacerbate the bearish trend, whereas stabilization or a bounce from this level could provide a buying opportunity, particularly if other indicators suggest a shift in momentum. Given the current technical setup, my strategy would involve preparing for potential entry points if reversal signals appear at key support levels while maintaining readiness to adapt to a further downtrend if S1 is decisively breached.
Cage Cycle Values for ENSUSDT.PCage Cycle Values: If the price is above 26.770 (Buy Point), the price target is 35.330, and if it is below 26.623 (Sell Point), the price target is 18.103. You can find the details of the Cage Cycle strategy attached. (MAKE SURE TO FOLLOW THE NEW TAKE PROFIT POINTS PUBLISHED AS TAKE PROFIT POINTS ARE INCREASED ACCORDING TO THE TRADING CYCLE)
Long Position:
Entry: 26.770
Profit: 35.330 (Will be updated if necessary in the positive direction)
Stop: 26.623
Short Position:
Entry: 26.623
Profit:18.103 (Will be updated if necessary in the positive direction)
Stop: 26.770
The Cage Cycle Strategy is a model that emerges from analyzing approximately 2 over 20 data points (1,000,000 and above tick data). The price definitely reaches one of the specified Take Profit Points as a price target. It is not possible to determine the direction with a hundred percent certainty in financial markets. Therefore, success rates are attempted to be increased by using certain models. The Cage Cycles end when the price reaches the price target in any direction in the Cage Cycle Strategy. Although it is not an investment advice, an example of use is as follows: A Long position is opened at the price level of 26.770, the Stop Loss is 26.623, and the Take Profit is 35.330. When the price reaches 26.623, instead of the Long position that was stopped, a Short Position is opened, with the Stop Loss of the Short Position being 26.770 and the Take Profit being 18.103. Transactions are monitored by stopping until the market direction is determined. Considering the number of stopped transactions and the expected time, Take Profit points are updated to increase profits (Updated Take Profit Points will never be lower than the initially specified Take Profit points). By recalculating the Take Profit points to increase profits, the aim is to compensate for the losses of the stopped transactions when the Cage Cycle ends. In the data analysis of the last 10 years, the average number of stops is 12, and the highest number of stops is calculated as 83 (These figures may vary in the future). Although it is not an investment advice, in the Cage Cycle, if the amount to be stopped is set at $1, by increasing the position by half of the initial lot amount for every 10 stops (0.5 $ for every 10 stops), a higher profit can be targeted along with the increased Take Profit point. Using the Cage Cycle data provided above as an example for Ensusdt, after 15 stops, when the cycle ends, the profit-loss calculation (Initial Stop Amount to be stopped is $1): For the first 10 stops, the loss will be 10$*1=10$, and between 10 and 15 stops, the loss will be 5*1.5$= 7.5$, resulting in a total loss of 17.5$. The profit to be obtained with the updated Take Profit points will be 1.5*27= 40.5$. The net profit, excluding commission, will be 40.5-17.5= 23$. The Cage Cycle helps you determine the Take Profit point in your own trades as well, as it is known that the price will definitely reach one of the Take Profit points. Enjoy and Good luck with your trades.
THIS IS NOT AN INVESTMENT ADVICE. Made by Yourcages
Which tokens will benefit from ETH ETF listing?----ENSThe ETH ETF began trading yesterday. In addition to direct benefits for ETH, which protocols will benefit from an ETH ETF. Almost all native protocols in the Ethereum ecosystem will benefit. Today, let’s talk about ENS, one of them.
The main business of ENS is to provide name service on Ethereum. Anyone can personalize an account ID through ENS, converting it from 0x to .eth.
The main reason why we chose ENS as one of the important tokens in the post-ETF period is that its trend will be very close to that of ETH in mid-2024, and it has been stronger than many tokens in the market. Tokens including other positive sectors, Uni and Ldo, all began to fall after a short pump. ENS maintains an upward trend with fluctuation. The lows are gradually rising.
The TSB indicator gave a BUY signal on May 27, and ENS maintained an upward trend thereafter. And you can see that whenever the bar drops below the wavy zone, the bulls are always able to strengthen. The TSB indicator is very suitable for ENS. At present, the bull trend of ENS is healthy.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ENS looks bullishENS appears to have completed a large triangle and is under support and buying pressure from this triangle.
The green range is our POI and we are looking for buy/long positions in this range.
The target can be the red box.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You