Ethereum Name Service Moves Above EMA50 (vs Bitcoin)

١٥ يونيو ٢٠٢٢

We look at the Ethereum Name Service vs Bitcoin (ENSBTC) trading pair now.

We can see a clear higher low while prices are now moving above EMA50.

Another strong signal to consider is the fact that Bitcoin broke down completely in the past few weeks while this and other pairs remain trading above support and at higher lows...

Signaling that these pairs priced in anything Bitcoin and are just getting ready to grow.

Note: If prices break and close below 0.00002700 that's our stop-loss.
Any trading above this level and we wait patiently expecting the next bullish jump.

Namaste.