ðĨ ENJ/USDT Bullish Price Action After Reversal From Support
ENJ has hit the lower support level yesterday. At the beginning it wasn't 100% clear if the coin would bounce from it, but with this morning's sharp rise we can safely assume that the trend direction of ENJ has been changed. Big bars with lots of volume, especially after a reversal, have strong predictive power.
On the chart I've marked a potential area of resistance, based around the last swing high. Do your own due diligence.
Happy trading!
On the chart I've marked a potential area of resistance, based around the last swing high. Do your own due diligence.
Happy trading!
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