ENS broke the downtrend formation on the weekly, looking at daily timeframe we can see that it also broke a bullflag after a reaction from 61% golden pocket from the wave 1 measurement. According to Elliot Wave Theroy, the 3rd wave normally goes to 1.618 fib extension of wave 1. Personaly i'm looking forward to see the price hit 40usd in the upcoming days/weeks.
Plus the area represents an imbalanced area. The 20usd range is already mitigated so i think the price will go through without any issues.
NFA nontheless
Plus the area represents an imbalanced area. The 20usd range is already mitigated so i think the price will go through without any issues.
NFA nontheless