✔️ On the left side we have the downtrend/bear market. ✔️ The downtrend ends in a sudden drop, the 10-June low. ✔️ The low leads to sideways (consolidation). ✔️ The consolidation phase leads to change, the new trend and here this is up.
ENS Two Signals
We have a very strong downtrend broken.
We have a very strong bullish divergence with the MACD.
These signals are telling me that Ethereum Name Service can grow.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.