ENS/USDT at Critical Zone - Breakout or Continuation Downtrend?
CryptoNuclear
مشخصات معامله
نوع معامله:
خرید
قیمت در زمان انتشار:
۱۱.۰۲
توضیحات
ENS/USDT on the Daily (1D) timeframe is still trading within a strong bearish trend, characterized by a clear structure of lower highs and lower lows. Since the previous peak, selling pressure has dominated the market, keeping price action firmly inside a well-defined descending structure.
Currently, price is moving around the mid–lower area of the channel, indicating a technical rebound rather than a confirmed trend reversal.
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Pattern Explanation – Descending Channel
The primary pattern visible on this chart is a Descending Channel, which is commonly classified as a bearish continuation pattern.
Key characteristics observed:
The upper resistance line continues to press price lower, forming consistent lower highs.
The lower support line slopes downward, creating lower lows.
Price respects the channel structure with multiple reactions.
The channel’s median line acts as a dynamic support/resistance zone.
This pattern suggests that sellers remain in control, and as long as price stays inside the channel, the overall trend remains bearish.
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Key Levels
Resistance Levels:
12.20 USDT (horizontal resistance & rejection zone)
14.75 USDT
16.60 USDT
19.50 USDT
21.80 USDT
Support Levels:
10.00 USDT (psychological & local support)
8.50 USDT
6.70 USDT (lower channel boundary & major support)
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Bullish Scenario
The bullish scenario becomes valid only after a clear and confirmed breakout.
Bullish confirmation:
Daily candle closes above the upper boundary of the Descending Channel.
Market structure shifts into higher highs and higher lows.
Ideally supported by increasing volume.
Bullish targets (step-by-step):
12.20 USDT
14.75 USDT
16.60 USDT
19.50 USDT
A valid breakout from this channel may signal a trend reversal from bearish to bullish.
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Bearish Scenario
The bearish scenario remains the primary bias.
Bearish confirmation:
Price fails to break the channel resistance.
Strong rejection occurs near 12.20 USDT or the upper channel line.
Breakdown below short-term support.
Bearish targets:
10.00 USDT
8.50 USDT
6.70 USDT
As long as price remains inside the Descending Channel, any upward move is likely to be a lower high.
---
Conclusion
ENS/USDT continues to trade within a clear bearish structure, supported by a well-respected Descending Channel pattern. The recent upward movement appears to be a technical pullback, not a confirmed trend reversal.
Traders should wait for strong breakout confirmation before shifting bias to bullish.
---
#ENSUSDT #ENS #CryptoAnalysis #TechnicalAnalysis #DescendingChannel #BearishTrend #Altcoin #CryptoMarket #PriceAction
Currently, price is moving around the mid–lower area of the channel, indicating a technical rebound rather than a confirmed trend reversal.
---
Pattern Explanation – Descending Channel
The primary pattern visible on this chart is a Descending Channel, which is commonly classified as a bearish continuation pattern.
Key characteristics observed:
The upper resistance line continues to press price lower, forming consistent lower highs.
The lower support line slopes downward, creating lower lows.
Price respects the channel structure with multiple reactions.
The channel’s median line acts as a dynamic support/resistance zone.
This pattern suggests that sellers remain in control, and as long as price stays inside the channel, the overall trend remains bearish.
---
Key Levels
Resistance Levels:
12.20 USDT (horizontal resistance & rejection zone)
14.75 USDT
16.60 USDT
19.50 USDT
21.80 USDT
Support Levels:
10.00 USDT (psychological & local support)
8.50 USDT
6.70 USDT (lower channel boundary & major support)
---
Bullish Scenario
The bullish scenario becomes valid only after a clear and confirmed breakout.
Bullish confirmation:
Daily candle closes above the upper boundary of the Descending Channel.
Market structure shifts into higher highs and higher lows.
Ideally supported by increasing volume.
Bullish targets (step-by-step):
12.20 USDT
14.75 USDT
16.60 USDT
19.50 USDT
A valid breakout from this channel may signal a trend reversal from bearish to bullish.
---
Bearish Scenario
The bearish scenario remains the primary bias.
Bearish confirmation:
Price fails to break the channel resistance.
Strong rejection occurs near 12.20 USDT or the upper channel line.
Breakdown below short-term support.
Bearish targets:
10.00 USDT
8.50 USDT
6.70 USDT
As long as price remains inside the Descending Channel, any upward move is likely to be a lower high.
---
Conclusion
ENS/USDT continues to trade within a clear bearish structure, supported by a well-respected Descending Channel pattern. The recent upward movement appears to be a technical pullback, not a confirmed trend reversal.
Traders should wait for strong breakout confirmation before shifting bias to bullish.
---
#ENSUSDT #ENS #CryptoAnalysis #TechnicalAnalysis #DescendingChannel #BearishTrend #Altcoin #CryptoMarket #PriceAction
منتخب سردبیر
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ترمینال ترید بایتیکل نرمافزار جامع ترید و سرمایهگذاری در بازار ارز دیجیتال است و امکاناتی مانند دورههای آموزشی ترید و سرمایهگذاری، تریدینگ ویو بدون محدودیت، هوش مصنوعی استراتژی ساز ترید، کلیه دادههای بازارهای مالی شامل دادههای اقتصاد کلان، تحلیل احساسات بازار، تکنیکال و آنچین، اتصال و مدیریت حساب صرافیها و تحلیلهای لحظهای را برای کاربران فراهم میکند.
