🔥 ENS Long-Term Idea: Accumulation Finished

7 באוק׳ 2022

In this analysis I want to talk about the possible end of accumulation of ENS. Where we saw a strong downtrend in the first half of the year, ENS has been making higher-highs ever since the market bottomed in June, see dotted lines. ENS seems to be following its own path, instead of following BTC's price action, which gives more hope to a bullish move.

In my view, ENS could see some kind of bullish break out move occur in the next couple of weeks. Targets in blue.