Technical analysis by Shotokhan about Symbol ENS: Buy recommendation (1/19/2025)

ENS broke out of a falling wedge, successfully retested it and bounced off. It's the same DOT pattern I've posted yesterday and honestly a very widespread pattern these days. Differently from DOT, in this case ENS follows ETH and it seems ethereum is waking up so, being strictly connected it's likely they'll both go up. Vitalik months ago declared that ENS is super important for ethereum ecosystem. Too many are disappointed by ETH but I believe that it'll wake up at some point and I don't ever trade it, but it's quite reasonable. Months ago on W I had foreseen something like this and I still think is possible: What I do know is that I bought ENS instead of ETH because I think it can do an higher ROI which is what interests me. I think you can still enter at current price. Just don't buy close to the resistance zone up there.I think first real target after the break out from resistance zone will be 66 then 88 USDTGood luck