ENSUSDT

Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for ENSUSDT

According to our previous analysis on April 22, we can observe that here we have a profit around 17% up to the present. Now it is clear that the price formed a long-term resistance line (R2) and after touching this line and having a failure in break, it faced a heavy fall down to the second support line as you see in our chart. Then by starting its rising trend, we formed another support line (S1) which shows the support of the price at several points. At the present, the price is fluctuating over our first support line and we predict it to rise over the first resistance line and then when it is fixed there, it will move toward the second resistance line. Even it is possible for the price to move downward and then have a pull back to the first support line and continue its falling trend and face more decline.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck
binanceChart PatternsENSUSDTTrend Analysisusdt

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