HEY traders, what's going on today ?!
Since 18 Jan 2022, "Ethereum Name Service" after a lot of ups and downs , has been declining till now, I expected to see the higher prices but it wasn't successful to take over previous pivot zone . (more than 50%đ° (1x)long ).
today I'm gonna have another analysis for ENS/usdt on the daily timeframe , So as you can see , it was in a consolidation phase and
recently has jumped by more than 60% with a huge volume , it can test the pivot zone and descending trendline but at there I expect to resist against the price . and can decline to lower support zone again . then can re-attack the descending trend line and if it be able to breakout the line ,it can see the higher resistance zones or VWAP line .
but otherwise if it loses the support zone ,it'll again fall to lower support fibo levels !
âïž Good luck with your trading and investing and remember: Trade smartâŠOR JUST DONâT TRADE!
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đThis analysis is my personal opinion ,not a financial advice ,so do your own research.
đif you're fan of my analyses please follow me , give a big thumbs đ OR drop a comment đŻ
Since 18 Jan 2022, "Ethereum Name Service" after a lot of ups and downs , has been declining till now, I expected to see the higher prices but it wasn't successful to take over previous pivot zone . (more than 50%đ° (1x)long ).
today I'm gonna have another analysis for ENS/usdt on the daily timeframe , So as you can see , it was in a consolidation phase and
recently has jumped by more than 60% with a huge volume , it can test the pivot zone and descending trendline but at there I expect to resist against the price . and can decline to lower support zone again . then can re-attack the descending trend line and if it be able to breakout the line ,it can see the higher resistance zones or VWAP line .
but otherwise if it loses the support zone ,it'll again fall to lower support fibo levels !
âïž Good luck with your trading and investing and remember: Trade smartâŠOR JUST DONâT TRADE!
--------------------------------------------------------------------------------------------------------------------
đThis analysis is my personal opinion ,not a financial advice ,so do your own research.
đif you're fan of my analyses please follow me , give a big thumbs đ OR drop a comment đŻ