Ethereum Name Service (ENS) to $90
On the above 2-day chart price action has corrected over 80% since late 2021. A number of reasons now exist to be bullish , including:
1) The ‘incredible buy’ signal prints.
2) Regular bullish divergence between price action and RSI .
3) Hidden bullish divergence between price action higher low and Stochastic RSI lower low. This is excellent to see follow point (1). Not only that but the higher low printed on the golden ratio. Safe as houses now.
4) The reversal candles indiate sellers are exhausted. For those of you that follow me, you’ll know what I mean by this.
5) On the 4-day ENS / BTC pair (below) the buy signal + bullish divergence is visible. Fantastic.
The target is derived the falling wedge extension.
Is it possible price action falls further? Sure.
Is it probable? No.
Good luck!
Ww
4-day BTC pair
